Angola (AGO) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Angola-Uruguay Trade: In 2021, Angola exported $273M to Uruguay. The main products that Angola exported to Uruguay were N/A. Over the past 5 years the exports of Angola to Uruguay have increased at an annualized rate of 4.42%, from $220M in 2016 to $273M in 2021.

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

Uruguay-Angola Trade: In 2021, Uruguay exported $2.94M to Angola. The main products that Uruguay exported to Angola were Concentrated Milk ($1.43M), Sheep and Goat Meat ($327k), and Pesticides ($283k). Over the past 5 years the exports of Uruguay to Angola have decreased at an annualized rate of 11.8%, from $5.5M in 2016 to $2.94M in 2021.

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

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Angola exported $273M to Uruguay. There were not main exports from Angola to Uruguay in 2021. During the last 5 years the exports of Angola to Uruguay have increased at an annualized rate of 4.42%, from $220M in 2016 to $273M in 2021.

In 2017, Uruguay exported $2.94M to Angola. The main products exported from Uruguay to Angola were Concentrated Milk ($1.43M), Sheep and Goat Meat ($327k), and Pesticides ($283k). During the last 5 years the exports of Uruguay to Angola have decreased at an annualized rate of 11.8%, from $5.5M in 2022 to $2.94M in 2017.

Exports from Angola () to Uruguay () (2022)

Exports from Uruguay () to Angola () (2022)

Latest Data

Trade between Angola () and Uruguay ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Angola than Uruguay included China ($21.8B), India ($4.81B), and France ($3.8B).

In 2022, countries that imported more from Uruguay than Angola included Argentina ($999M), Brazil ($1.69B), and South Korea ($267M).

Difference in imports from Uruguay () and Angola () (2022)

Comparative Advantage Angola - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Uruguay had a large net trade with Angola in the exports of Animal Products ($2.53M), Chemical Products ($323k), and Vegetable Products ($60k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Uruguay+$7.54kCrude Petroleum

Top Product Potential Uruguay Angola+$620kConcentrated Milk

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.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Uruguay () (2022)

Exports from Uruguay () to Angola () (2022)

Latest Data

Trade between Angola () and Uruguay ()

Angola Exports

Market Competitiveness

Difference in imports from Uruguay () and Angola () (2022)

Comparative Advantage Angola - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Uruguay () (2022)

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