Uruguay (URY) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Uruguay-Netherlands Trade: In 2022, Uruguay exported $587M to Netherlands. The main products that Uruguay exported to Netherlands were Sulfate Chemical Woodpulp ($262M), Bovine Meat ($157M), and Frozen Bovine Meat ($37.7M). Over the past 5 years the exports of Uruguay to Netherlands have increased at an annualized rate of 4.54%, from $471M in 2017 to $587M in 2022.

In 2022, Uruguay did not export any services to Netherlands.

Netherlands-Uruguay Trade: In 2022, Netherlands exported $117M to Uruguay. The main products that Netherlands exported to Uruguay were Refined Petroleum ($15.7M), Industrial Fatty Acids, Oils and Alcohols ($4.77M), and Broadcasting Equipment ($4.6M). Over the past 5 years the exports of Netherlands to Uruguay have increased at an annualized rate of 0.027%, from $116M in 2017 to $117M in 2022.

In 2020, Netherlands exported services to Uruguay worth $28.7M, with Transportation ($13M), Other business services ($8.34M), and Computer and information services ($4.57M) being the largest in terms of value.

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $587M to Netherlands. The main products exported from Uruguay to Netherlands were Sulfate Chemical Woodpulp ($262M), Bovine Meat ($157M), and Frozen Bovine Meat ($37.7M). During the last 5 years the exports of Uruguay to Netherlands have increased at an annualized rate of 4.54%, from $471M in 2017 to $587M in 2022.

In 2017, Netherlands exported $117M to Uruguay. The main products exported from Netherlands to Uruguay were Refined Petroleum ($15.7M), Industrial Fatty Acids, Oils and Alcohols ($4.77M), and Broadcasting Equipment ($4.6M). During the last 5 years the exports of Netherlands to Uruguay have increased at an annualized rate of 0.027%, from $116M in 2022 to $117M in 2017.

Exports from Uruguay () to Netherlands () (2022)

Exports from Netherlands () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Netherlands ()

Uruguay Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Uruguay than Netherlands included Venezuela ($65.2M) and Paraguay ($149M).

In 2022, countries that imported more from Netherlands than Uruguay included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands () and Uruguay () (2022)

Comparative Advantage Uruguay - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Netherlands in the exports of Paper Goods ($262M), Animal Products ($203M), and Vegetable Products ($69M).

During 2017, Netherlands had a large net trade with Uruguay in the exports of Machines ($23.8M), Foodstuffs ($19.7M), and Chemical Products ($19.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Netherlands+$4.91MFrozen Bovine Meat

Top Product Potential Netherlands Uruguay+$9.5MRefined Petroleum

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

Nld Year

In 2020, Netherlands exported services to Uruguay worth $28.7M, with Transportation ($13M), Other business services ($8.34M), and Computer and information services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Uruguay () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Netherlands () (2022)

Exports from Netherlands () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Netherlands ()

Uruguay Exports

Netherlands Exports

Market Competitiveness

Difference in imports from Netherlands () and Uruguay () (2022)

Comparative Advantage Uruguay - Netherlands

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Netherlands () to Uruguay () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Netherlands () (2022)

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