2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$77.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

Chile-Uruguay Trade: In 2023, Chile exported $132M to Uruguay. The main products that Chile exported to Uruguay were Fish Fillets ($10.3M), Processed Tomatoes ($8.78M), and Salt ($5.24M). Over the past 5 years the exports of Chile to Uruguay have increased at an annualized rate of 1.79%, from $121M in 2018 to $132M in 2023.

In 2009, Chile exported services to Uruguay worth $126M, with Transportation ($126M) being the largest in terms of value.

Uruguay-Chile Trade: In 2023, Uruguay exported $285M to Chile. The main products that Uruguay exported to Chile were Delivery Trucks ($58.4M), Bovine Meat ($54.3M), and Rapeseed Oil ($37.6M). Over the past 5 years the exports of Uruguay to Chile have increased at an annualized rate of 16.6%,  from $132M in 2018 to $285M in 2023.

In 2023, Uruguay did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $132M to Uruguay. The main products exported from Chile to Uruguay were Fish Fillets ($10.3M), Processed Tomatoes ($8.78M), and Salt ($5.24M). During the last 5 years the exports of Chile to Uruguay have increased at an annualized rate of 1.79%, from $121M in 2018 to $132M in 2023.

In 2018, Uruguay exported $285M to Chile. The main products exported from Uruguay to Chile were Delivery Trucks ($58.4M), Bovine Meat ($54.3M), and Rapeseed Oil ($37.6M). During the last 5 years the exports of Uruguay to Chile have increased at an annualized rate of 16.6%, from $132M in 2023 to $285M in 2018.

Exports from Chile (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from Chile than Uruguay included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Uruguay than Chile included Turkey ($363M), Algeria ($121M), and Portugal ($133M).

Difference in imports from Uruguay (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Uruguay

Flow
Scale

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

During 2023, Chile had a large net trade with Uruguay in the exports of Foodstuffs ($27.9M), Vegetable Products ($17.7M), and Animal Products ($15.3M).

During 2018, Uruguay had a large net trade with Chile in the exports of Animal Products ($75.4M), Transportation ($58.6M), and Animal and Vegetable Bi-Products ($41.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Chile (Flag) and Uruguay (Flag) (2023)

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