2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Estonia-Uruguay Trade: In 2022, Estonia exported $3.81M to Uruguay. The main products that Estonia exported to Uruguay were Excavation Machinery ($1.31M), Air Pumps ($295k), and Wood Pulp Lyes ($273k). Over the past 5 years the exports of Estonia to Uruguay have decreased at an annualized rate of 46.5%, from $87.1M in 2017 to $3.81M in 2022.

In 2020, Estonia exported services to Uruguay worth $2.97M, with Transportation ($2.86M) and Computer and information services ($114k) being the largest in terms of value.

Uruguay-Estonia Trade: In 2022, Uruguay exported $3.58M to Estonia. The main products that Uruguay exported to Estonia were Cocoa Powder ($1.66M), Bovine Meat ($740k), and Sulfate Chemical Woodpulp ($565k). Over the past 5 years the exports of Uruguay to Estonia have increased at an annualized rate of 32.5%,  from $876k in 2017 to $3.58M in 2022.

In 2022, Uruguay did not export any services to Estonia.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $3.81M to Uruguay. The main products exported from Estonia to Uruguay were Excavation Machinery ($1.31M), Air Pumps ($295k), and Wood Pulp Lyes ($273k). During the last 5 years the exports of Estonia to Uruguay have decreased at an annualized rate of 46.5%, from $87.1M in 2017 to $3.81M in 2022.

In 2017, Uruguay exported $3.58M to Estonia. The main products exported from Uruguay to Estonia were Cocoa Powder ($1.66M), Bovine Meat ($740k), and Sulfate Chemical Woodpulp ($565k). During the last 5 years the exports of Uruguay to Estonia have increased at an annualized rate of 32.5%, from $876k in 2022 to $3.58M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Uruguay (Flag)

Estonia Exports

Uruguay Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Uruguay
Top Destination
China$2.89B

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

In 2022, countries that imported more from Estonia than Uruguay included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Uruguay

Flow
Scale

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

During 2022, Estonia had a large net trade with Uruguay in the exports of Machines ($2.4M), Mineral Products ($488k), and Chemical Products ($461k).

During 2017, Uruguay had a large net trade with Estonia in the exports of Foodstuffs ($1.67M), Animal Products ($1.21M), and Paper Goods ($565k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with