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2022
Flag → Flag
Exports $51.3MRnk 131 / 219
2022
Flag → Flag
Top Product $39.6MRefined Petroleum
2022
Flag → Flag
Exports $36.7MRnk 40 / 168
2022
Flag → Flag
Top Product $11.7MRapeseed
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

United Arab Emirates-Uruguay Trade: In 2022, United Arab Emirates exported $51.3M to Uruguay. The main products that United Arab Emirates exported to Uruguay were Refined Petroleum ($39.6M), Nitrogenous Fertilizers ($5.81M), and Raw Aluminium ($1.02M). Over the past 5 years the exports of United Arab Emirates to Uruguay have decreased at an annualized rate of 0.26%, from $51.9M in 2017 to $51.3M in 2022.

In 2022, United Arab Emirates did not export any services to Uruguay.

Uruguay-United Arab Emirates Trade: In 2022, Uruguay exported $36.7M to United Arab Emirates. The main products that Uruguay exported to United Arab Emirates were Rapeseed ($11.7M), Concentrated Milk ($7.34M), and Sheep and Goat Meat ($5.04M). Over the past 5 years the exports of Uruguay to United Arab Emirates have increased at an annualized rate of 20.4%,  from $14.5M in 2017 to $36.7M in 2022.

In 2022, Uruguay did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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
Value

In 2022, United Arab Emirates exported $51.3M to Uruguay. The main products exported from United Arab Emirates to Uruguay were Refined Petroleum ($39.6M), Nitrogenous Fertilizers ($5.81M), and Raw Aluminium ($1.02M). During the last 5 years the exports of United Arab Emirates to Uruguay have decreased at an annualized rate of 0.26%, from $51.9M in 2017 to $51.3M in 2022.

In 2017, Uruguay exported $36.7M to United Arab Emirates. The main products exported from Uruguay to United Arab Emirates were Rapeseed ($11.7M), Concentrated Milk ($7.34M), and Sheep and Goat Meat ($5.04M). During the last 5 years the exports of Uruguay to United Arab Emirates have increased at an annualized rate of 20.4%, from $14.5M in 2022 to $36.7M in 2017.

Exports from United Arab Emirates (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Uruguay (Flag)

United Arab Emirates Exports

Uruguay Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from United Arab Emirates than Uruguay included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Uruguay than United Arab Emirates included Guatemala ($128M), Argentina ($999M), and Portugal ($128M).

Difference in imports from Uruguay (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Uruguay

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Uruguay in the exports of Mineral Products ($39.6M), Chemical Products ($6.45M), and Machines ($1.37M).

During 2017, Uruguay had a large net trade with United Arab Emirates in the exports of Animal Products ($15.9M), Vegetable Products ($12M), and Foodstuffs ($2.91M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Uruguay+$4.22MRefined Petroleum
Top Product Potential Uruguay United Arab Emirates+$3.16MConcentrated 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

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

Product Space of United Arab Emirates (Flag) and Uruguay (Flag) (2022)

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