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2023
Flag → Flag
Exports $18.7MRnk 53 / 166
2023
Flag → Flag
Top Product $9.36MScented Mixtures
2023
Flag → Flag
Exports $46.7MRnk 87 / 211
2023
Flag → Flag
Top Product $17.8MVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag  
GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
 GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC $22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC$103,888CURRENT US$
Rnk 4 / 196
2013-2023
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GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195

About

Uruguay-Ireland Trade: In 2023, Uruguay exported $18.7M to Ireland. The main products that Uruguay exported to Ireland were Scented Mixtures ($9.36M), Essential Oils ($7.51M), and Plywood ($1.15M). Over the past 5 years the exports of Uruguay to Ireland have increased at an annualized rate of 20.7%, from $7.31M in 2018 to $18.7M in 2023.

In 2023, Uruguay did not export any services to Ireland.

Ireland-Uruguay Trade: In 2023, Ireland exported $46.7M to Uruguay. The main products that Ireland exported to Uruguay were Vaccines, blood, antisera, toxins and cultures ($17.8M), Packaged Medicaments ($11.2M), and Other Plastic Products ($3.82M). Over the past 5 years the exports of Ireland to Uruguay have increased at an annualized rate of 22.1%,  from $17.2M in 2018 to $46.7M in 2023.

In 2020, Ireland exported services to Uruguay worth $1.14M, with Financial services ($1.14M) being the largest in terms of value.

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $18.7M to Ireland. The main products exported from Uruguay to Ireland were Scented Mixtures ($9.36M), Essential Oils ($7.51M), and Plywood ($1.15M). During the last 5 years the exports of Uruguay to Ireland have increased at an annualized rate of 20.7%, from $7.31M in 2018 to $18.7M in 2023.

In 2018, Ireland exported $46.7M to Uruguay. The main products exported from Ireland to Uruguay were Vaccines, blood, antisera, toxins and cultures ($17.8M), Packaged Medicaments ($11.2M), and Other Plastic Products ($3.82M). During the last 5 years the exports of Ireland to Uruguay have increased at an annualized rate of 22.1%, from $17.2M in 2023 to $46.7M in 2018.

Exports from Uruguay (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Uruguay (Flag) (2023)

Latest Data

Trade between Uruguay (Flag) and Ireland (Flag)

Uruguay Exports

Ireland Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.34B
Ireland
Top DestinationUnited States$67.4B

This map shows whether countries import more from Uruguay or Ireland. Each country is colored based on the difference in imports they receive from Uruguay and Ireland or the difference in the growth in imports.

In 2023, countries that imported more from Uruguay than Ireland included Brazil ($1.92B), Argentina ($569M), and Paraguay ($124M).

In 2023, countries that imported more from Ireland than Uruguay included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland (Flag) and Uruguay (Flag) (2023)

Comparative Advantage Uruguay - Ireland

Flow
Scale

This chart compares trade between Uruguay and Ireland by product, considering products traded by both, Uruguay and Ireland.

During 2023, Uruguay had a large net trade with Ireland in the exports of Chemical Products ($16.9M), Wood Products ($1.16M), and Vegetable Products ($460k).

During 2018, Ireland had a large net trade with Uruguay in the exports of Chemical Products ($30.7M), Instruments ($6.12M), and Plastics and Rubbers ($4.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Ireland+$255kRice
Top Product Potential Ireland Uruguay+$6.18MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Ireland exported services to Uruguay worth $1.14M, with Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Uruguay (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Uruguay and Ireland. This means that a dot/product with the flag of Uruguay indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Uruguay.

Product Space of Uruguay (Flag) and Ireland (Flag) (2023)

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