2023
Flag  
GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC 
$22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

Uruguay-Chinese Taipei Trade: In 2023, Uruguay exported $6.44M to Chinese Taipei. The main products that Uruguay exported to Chinese Taipei were Sawn Wood ($1.81M), Other Measuring Instruments ($1.03M), and Precious Stones ($983k). Over the past 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 19%, from $18.5M in 2018 to $6.44M in 2023.

In 2023, Uruguay did not export any services to Chinese Taipei.

Chinese Taipei-Uruguay In N/A, Chinese Taipei did not export any products to Uruguay.

In 2023, Chinese Taipei did not export any services to Uruguay.

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $6.44M to Chinese Taipei. The main products exported from Uruguay to Chinese Taipei were Sawn Wood ($1.81M), Other Measuring Instruments ($1.03M), and Precious Stones ($983k). During the last 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 19%, from $18.5M in 2018 to $6.44M in 2023.

Chinese Taipei does not register exports to Uruguay. The main products exported from Chinese Taipei to Uruguay were Non-fillet Frozen Fish ($10.8M), Refined Petroleum ($8.62M), and Synthetic Rubber ($5.91M).

Exports from Uruguay (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Uruguay (Flag) (2023)

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
Chinese Taipei
Top Destination
China$101B

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 2023, countries that imported more from Uruguay than Chinese Taipei included Argentina ($569M), Paraguay ($124M), and Algeria ($121M).

In 2023, countries that imported more from Chinese Taipei than Uruguay included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Uruguay (Flag) (2023)

Comparative Advantage Uruguay - Chinese Taipei

Flow
Scale

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

During 2023, Uruguay had a large net trade with Chinese Taipei in the exports of Wood Products ($2.08M), Animal Products ($1.14M), and Instruments ($1.03M).

Economic Complexity

Competitive Landscape

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.

Product Space of Uruguay (Flag) and Chinese Taipei (Flag) (2023)

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