Uruguay / South Korea

Uruguay-South Korea Trade: In 2022, Uruguay exported $267M to South Korea. The main products that Uruguay exported to South Korea were Sulfate Chemical Woodpulp ($123M), Precious Metal Ore ($91.7M), and Crude Petroleum ($39.6M). Over the past 5 years the exports of Uruguay to South Korea have increased at an annualized rate of 22.1%, from $98.4M in 2017 to $267M in 2022.

In 2022, Uruguay did not export any services to South Korea.

South Korea-Uruguay Trade: In 2022, South Korea exported $158M to Uruguay. The main products that South Korea exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($31.8M), Insulated Wire ($29.7M), and Cars ($13.9M). Over the past 5 years the exports of South Korea to Uruguay have increased at an annualized rate of 3.73%,  from $132M in 2017 to $158M in 2022.

In 2022, South Korea did not export any services to Uruguay.

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).