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Pricing

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Flag → Flag
Exports $9.58MRnk 74 / 168
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Flag → Flag
Top Product $9.46MBovine
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
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GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

In N/A, Azerbaijan did not export any services to Uruguay.

Uruguay-Azerbaijan Trade: In N/A, Uruguay exported $9.58M to Azerbaijan. The main products that Uruguay exported to Azerbaijan were Bovine ($9.46M), Packaged Medicaments ($68.3k), and Rice ($50.4k). Over the past N/A years the exports of Uruguay to Azerbaijan have increased at an annualized rate of 185%,  from $50.9k in N/A to $9.58M in N/A.

In N/A, Uruguay did not export any services to Azerbaijan.

Comparison: In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

Azerbaijan does not register exports to Uruguay.

In 2017, Uruguay exported $9.58M to Azerbaijan. The main products exported from Uruguay to Azerbaijan were Bovine ($9.46M), Packaged Medicaments ($68.3k), and Rice ($50.4k). During the last 5 years the exports of Uruguay to Azerbaijan have increased at an annualized rate of 185%, from $50.9k in 2022 to $9.58M in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Uruguay (Flag)

Azerbaijan Exports

Date

Uruguay Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Azerbaijan than Uruguay included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

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

Comparative Advantage Azerbaijan - Uruguay

Flow
Scale

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

During 2017, Uruguay had a large net trade with Azerbaijan in the exports of Animal Products ($9.46M), Chemical Products ($70.6k), and Vegetable Products ($50.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Uruguay+$5.93kCrude Petroleum
Top Product Potential Uruguay Azerbaijan+$143kPackaged Medicaments

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 Azerbaijan and Uruguay. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over Azerbaijan.

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

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