2022
Exports
$68.2kWorld Rnk 64 / 168
Flag Rnk 496 / 918
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$732kWorld Rnk 79 / 209
Flag Rnk 713 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $68.2k in String Instruments, making it the 64th largest exporter of String Instruments in the world. At the same year, String Instruments was the 496th most exported product in Uruguay. The main destination of String Instruments exports from Uruguay are: Chile ($24.7k), United States ($20.9k), Germany ($9.8k), Japan ($9.6k), and Colombia ($1.47k).

The fastest growing export markets for String Instruments of Uruguay between 2021 and 2022 were United States ($11.9k), Germany ($4.9k), and Japan ($4.8k).

Imports In 2022, Uruguay imported $732k in String Instruments, becoming the 79th largest importer of String Instruments in the world. At the same year, String Instruments was the 713th most imported product in Uruguay. Uruguay imports String Instruments primarily from: China ($406k), Indonesia ($190k), United States ($57.2k), Chinese Taipei ($42k), and Spain ($16.3k).

The fastest growing import markets in String Instruments for Uruguay between 2021 and 2022 were United States ($45.5k), Chinese Taipei ($42k), and Indonesia ($30.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on String Instruments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68.2k
IMPORTS (2022)$732k
NET TRADE (2022)-$664k

In 2022, Uruguay exported $68.2k in String Instruments. The main destinations of Uruguay exports on String Instruments were Chile ($24.7k), United States ($20.9k), Germany ($9.8k), Japan ($9.6k), and Colombia ($1.47k).

In 2022, Uruguay imported $732k in String Instruments, mainly from China ($406k), Indonesia ($190k), United States ($57.2k), Chinese Taipei ($42k), and Spain ($16.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
United States$11.9k (131%)
Germany$4.9k (100%)
Japan$4.8k (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Uruguay WERE (2021 - 2022):
Chile-$44.2k (-64.1%)
China-$3.8k (-100%)
Switzerland-$1.82k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in String Instruments were:
In 2022, Uruguay's main importing competitors in String Instruments were:

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.3k
TOP IMPORT POTENTIALChina+ $43.8k

String Instruments’s highest export potential is United States. With an export gap of $24.3k.   String Instruments’s highest import potential is China with an import gap of $43.8k.

See methodology.

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