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Pricing

2022
Flag → Flag
Exports $5.62MRnk 90 / 168
2022
Flag → Flag
Top Product $3.34MGlues
2022
Flag → Flag
Exports $15.9MRnk 99 / 196
2022
Flag → Flag
Top Product $4.5MSynthetic Filament Yarn Woven Fabric
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Uruguay-Romania Trade: In 2022, Uruguay exported $5.62M to Romania. The main products that Uruguay exported to Romania were Glues ($3.34M), Prepared Wool or Animal Hair ($804k), and Glaziers Putty ($770k). Over the past 5 years the exports of Uruguay to Romania have increased at an annualized rate of 8.16%, from $3.8M in 2017 to $5.62M in 2022.

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

Romania-Uruguay Trade: In 2022, Romania exported $15.9M to Uruguay. The main products that Romania exported to Uruguay were Synthetic Filament Yarn Woven Fabric ($4.5M), Plastic Coated Textile Fabric ($4.35M), and Textiles for technical uses ($1.71M). Over the past 5 years the exports of Romania to Uruguay have increased at an annualized rate of 3.16%,  from $8.55M in 2017 to $15.9M in 2022.

In 2020, Romania exported services to Uruguay worth $2.51M, with Other business services ($1.37M), Transportation ($685k), and Computer and information services ($457k) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $5.62M to Romania. The main products exported from Uruguay to Romania were Glues ($3.34M), Prepared Wool or Animal Hair ($804k), and Glaziers Putty ($770k). During the last 5 years the exports of Uruguay to Romania have increased at an annualized rate of 8.16%, from $3.8M in 2017 to $5.62M in 2022.

In 2017, Romania exported $15.9M to Uruguay. The main products exported from Romania to Uruguay were Synthetic Filament Yarn Woven Fabric ($4.5M), Plastic Coated Textile Fabric ($4.35M), and Textiles for technical uses ($1.71M). During the last 5 years the exports of Romania to Uruguay have increased at an annualized rate of 3.16%, from $8.55M in 2022 to $15.9M in 2017.

Exports from Uruguay (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Uruguay (Flag) (2022)

Latest Data

Trade between Uruguay (Flag) and Romania (Flag)

Uruguay Exports

Romania Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Uruguay than Romania included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Romania than Uruguay included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania (Flag) and Uruguay (Flag) (2022)

Comparative Advantage Uruguay - Romania

Flow
Scale

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

During 2022, Uruguay had a large net trade with Romania in the exports of Chemical Products ($4.11M), Textiles ($805k), and Metals ($268k).

During 2017, Romania had a large net trade with Uruguay in the exports of Textiles ($11M), Machines ($1.98M), and Transportation ($840k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Romania+$324kSulfate Chemical Woodpulp
Top Product Potential Romania Uruguay+$1.39MMotor vehicles; parts and accessories (8701 to 8705)

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, Romania exported services to Uruguay worth $2.51M, with Other business services ($1.37M), Transportation ($685k), and Computer and information services ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (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 Romania. This means that a dot/product with the flag of Uruguay indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Uruguay.

Product Space of Uruguay (Flag) and Romania (Flag) (2022)

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