Uruguay / Russia

Uruguay-Russia Trade: In 2022, Uruguay exported $73.6M to Russia. The main products that Uruguay exported to Russia were Butter ($23.9M), Edible Offal ($11.5M), and Cheese ($10.4M). Over the past 5 years the exports of Uruguay to Russia have decreased at an annualized rate of 8.82%, from $117M in 2017 to $73.6M in 2022.

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

Russia-Uruguay Trade: In 2022, Russia exported $103M to Uruguay. The main products that Russia exported to Uruguay were Mixed Mineral or Chemical Fertilizers ($33.4M), Nitrogenous Fertilizers ($23.2M), and Refined Petroleum ($13.2M). Over the past 5 years the exports of Russia to Uruguay have increased at an annualized rate of 18.2%,  from $44.6M in 2017 to $103M in 2022.

In 2020, Russia exported services to Uruguay worth $2.73M, with Other business services ($2.17M), Transportation ($495k), and Computer and information services ($42k) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).