Flag United States / Uruguay Flag

2019
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Exports
: $1.13B, Rnk 72 / 218

2019
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Top Product
: $262M, Crude Petroleum

2019
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Exports
: $484M, Rnk 4 / 167

2019
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Top Product
: $189M, Frozen Bovine Meat

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.066, Rnk 66 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $56B, CURRENT US$
Rnk 81 / 187

2009-2019
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GDP GROWTH
: 77%, CURRENT US$
Rnk 50 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $16,190, CURRENT US$
Rnk 55 / 187

2009-2019
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GDP PC GROWTH
: 71.3%, CURRENT US$
Rnk 33 / 187

United States-Uruguay In 2019, United States exported $1.13B to Uruguay. The main products that United States exported to Uruguay are Crude Petroleum ($262M), Broadcasting Equipment ($83.2M), and Sodium or Potassium Peroxides ($45.4M). During the last 24 years the exports of United States to Uruguay have increased at an annualized rate of 5.07%, from $344M in 1995 to $1.13B in 2019.

In 2019, United States did not export any services to Uruguay.

Uruguay-United States In 2019, Uruguay exported $484M to United States . The main products that Uruguay exported to United States were Frozen Bovine Meat ($189M), Other Prepared Meat ($48M), and Orthopedic Appliances ($47.1M). During the last 24 years the exports of Uruguay to United States have increased at an annualized rate of 5.29%, from $140M in 1995 to $484M in 2019.

In 2019, Uruguay did not export any services to United States.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Uruguay ranked 66 in the Economic Complexity Index (ECI 0.066), and 93 in total exports ($9.1B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $1.13B to Uruguay. The main products exported from United States to Uruguay were Crude Petroleum ($262M), Broadcasting Equipment ($83.2M), and Sodium or Potassium Peroxides ($45.4M). During the last 24 years the exports of United States to Uruguay have increased at an annualized rate of 5.07%, from $344M in 1995 to $1.13B in 2019.

In 2019, Uruguay exported $484M to United States. The main products exported from Uruguay to United States were Frozen Bovine Meat ($189M), Other Prepared Meat ($48M), and Orthopedic Appliances ($47.1M). During the last 24 years the exports of Uruguay to United States have increased at an annualized rate of 5.29%, from $140M in 1995 to $484M in 2019.

United States Exports

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Uruguay Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Uruguay
Top Destination
: China, $2.63B

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

In 2019, countries that imported more from United States than Uruguay were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Uruguay than United States were Falkland Islands ($815k).

Comparative Advantage United States - Uruguay

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Depth

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

During 2019, United States had a large net trade with Uruguay in the exports of Machines ($325M), Mineral Products ($283M), and Chemical Products ($252M).

During 2019, Uruguay had a large net trade with United States in the exports of Animal Products ($228M), Foodstuffs ($55.4M), and Wood Products ($52.8M).

Tariff Section

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This section shows import tariffs for products traded between United States and Uruguay (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Uruguay were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from Uruguay that paid the highest import tariffs to enter United States were Refined sugar, in solid form, flavoured or coloured (35%) and Refined sugar, in solid form, nes, pure sucrose (35%).

*The tariffs present between United States and Uruguay are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over United States.