2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Uruguay-Tanzania Trade: In 2021, Uruguay exported $1.56k to Tanzania. The main products that Uruguay exported to Tanzania were N/A. Over the past 7 years the exports of Uruguay to Tanzania have decreased at an annualized rate of 72.2%, from $12M in 2014 to $1.56k in 2021.

In 2021, Uruguay did not export any services to Tanzania.

Tanzania-Uruguay Trade: In 2021, Tanzania exported $117k to Uruguay. The main products that Tanzania exported to Uruguay were Fish Fillets ($44.7k), Sowing Seeds ($38.4k), and Electric Soldering Equipment ($9.16k). Over the past 7 years the exports of Tanzania to Uruguay have increased at an annualized rate of 19.3%,  from $48.5k in 2014 to $117k in 2021.

In 2021, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Uruguay exported $1.56k to Tanzania. There were not main exports from Uruguay to Tanzania in 2021. During the last 7 years the exports of Uruguay to Tanzania have decreased at an annualized rate of 72.2%, from $12M in 2014 to $1.56k in 2021.

In 2017, Tanzania exported $117k to Uruguay. The main products exported from Tanzania to Uruguay were Fish Fillets ($44.7k), Sowing Seeds ($38.4k), and Electric Soldering Equipment ($9.16k). During the last 5 years the exports of Tanzania to Uruguay have increased at an annualized rate of 19.3%, from $48.5k in 2022 to $117k in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Tanzania (Flag)

Uruguay Exports

Date

Tanzania Exports

Date

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Tanzania
Top Destination
India$2.73B

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

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

In 2022, countries that imported more from Tanzania than Uruguay included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Uruguay - Tanzania

Flow
Scale

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

During 2021, Uruguay had a large net trade with Tanzania in the exports of .

During 2017, Tanzania had a large net trade with Uruguay in the exports of Animal Products ($44.7k), Vegetable Products ($40.3k), and Machines ($30.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Tanzania+$2.5kDelivery Trucks
Top Product Potential Tanzania Uruguay+$68.7kFish Fillets

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with