Uruguay (URY) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Uruguay-Chinese Taipei Trade: In 2022, Uruguay exported $9.27M to Chinese Taipei. The main products that Uruguay exported to Chinese Taipei were Sawn Wood ($2.82M), Chlorates and Perchlorates ($1.17M), and Butter ($1.01M). Over the past 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 4.3%, from $11.6M in 2017 to $9.27M in 2022.

In 2022, Uruguay did not export any services to Chinese Taipei.

Chinese Taipei-Uruguay Trade: In 2022, Chinese Taipei exported $74M to Uruguay. The main products that Chinese Taipei exported to Uruguay were Polyacetals ($12.6M), Non-fillet Frozen Fish ($9.89M), and Sodium or Potassium Peroxides ($9.75M). Over the past 5 years the exports of Chinese Taipei to Uruguay have increased at an annualized rate of 3.84%, from $61.3M in 2017 to $74M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $9.27M to Chinese Taipei. The main products exported from Uruguay to Chinese Taipei were Sawn Wood ($2.82M), Chlorates and Perchlorates ($1.17M), and Butter ($1.01M). During the last 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 4.3%, from $11.6M in 2017 to $9.27M in 2022.

In 2017, Chinese Taipei exported $74M to Uruguay. The main products exported from Chinese Taipei to Uruguay were Polyacetals ($12.6M), Non-fillet Frozen Fish ($9.89M), and Sodium or Potassium Peroxides ($9.75M). During the last 5 years the exports of Chinese Taipei to Uruguay have increased at an annualized rate of 3.84%, from $61.3M in 2022 to $74M in 2017.

Exports from Uruguay () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Uruguay () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Uruguay than Chinese Taipei included Argentina ($999M), Algeria ($229M), and Paraguay ($149M).

In 2022, countries that imported more from Chinese Taipei than Uruguay included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Uruguay () (2022)

Comparative Advantage Uruguay - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Chinese Taipei in the exports of Wood Products ($3.38M), Animal Products ($1.97M), and Chemical Products ($1.48M).

During 2017, Chinese Taipei had a large net trade with Uruguay in the exports of Plastics and Rubbers ($24.5M), Machines ($13.3M), and Chemical Products ($12.1M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Uruguay () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Uruguay () (2022)

Comparative Advantage Uruguay - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Chinese Taipei () (2022)

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