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2023
Flag → Flag
Exports $568MRnk 5 / 166
2023
Flag → Flag
Top Product $295MSulfate Chemical Woodpulp
2023
Flag → Flag
Exports $218MRnk 92 / 224
2023
Flag → Flag
Top Product $147MRefined Petroleum
2023
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Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
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Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
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GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
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 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
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GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
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GDP PC $22,798CURRENT US$
Rnk 54 / 195
2013-2023
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GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195
2023
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GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
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GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Uruguay-Netherlands Trade: In 2023, Uruguay exported $568M to Netherlands. The main products that Uruguay exported to Netherlands were Sulfate Chemical Woodpulp ($295M), Bovine Meat ($138M), and Rapeseed ($37M). Over the past 5 years the exports of Uruguay to Netherlands have decreased at an annualized rate of 0.84%, from $592M in 2018 to $568M in 2023.

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

Netherlands-Uruguay Trade: In 2023, Netherlands exported $218M to Uruguay. The main products that Netherlands exported to Uruguay were Refined Petroleum ($147M), Other Frozen Vegetables ($6.89M), and Broadcasting Equipment ($5.12M). Over the past 5 years the exports of Netherlands to Uruguay have increased at an annualized rate of 16.2%,  from $103M in 2018 to $218M in 2023.

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 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $568M to Netherlands. The main products exported from Uruguay to Netherlands were Sulfate Chemical Woodpulp ($295M), Bovine Meat ($138M), and Rapeseed ($37M). During the last 5 years the exports of Uruguay to Netherlands have decreased at an annualized rate of 0.84%, from $592M in 2018 to $568M in 2023.

In 2018, Netherlands exported $218M to Uruguay. The main products exported from Netherlands to Uruguay were Refined Petroleum ($147M), Other Frozen Vegetables ($6.89M), and Broadcasting Equipment ($5.12M). During the last 5 years the exports of Netherlands to Uruguay have increased at an annualized rate of 16.2%, from $103M in 2023 to $218M in 2018.

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

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

Latest Data

Trade between Uruguay (Flag) and Netherlands (Flag)

Uruguay Exports

Netherlands Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.34B
Netherlands
Top DestinationGermany$96.9B

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 2023, countries that imported more from Uruguay than Netherlands included Guatemala ($157M), Paraguay ($124M), and El Salvador ($71.4M).

In 2023, countries that imported more from Netherlands than Uruguay included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Uruguay - Netherlands

Flow
Scale

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

During 2023, Uruguay had a large net trade with Netherlands in the exports of Paper Goods ($295M), Animal Products ($159M), and Vegetable Products ($62M).

During 2018, Netherlands had a large net trade with Uruguay in the exports of Mineral Products ($147M), Machines ($18.5M), and Foodstuffs ($15.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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 (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 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.

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

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