2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 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 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 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

Ethiopia-Uruguay Trade: In 2022, Ethiopia exported $76.2k to Uruguay. The main products that Ethiopia exported to Uruguay were Coffee ($51.5k), Knit Babies' Garments ($5.18k), and Non-Knit Women's Suits ($4.84k). Over the past 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%, from $11.4k in 2017 to $76.2k in 2022.

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

Uruguay-Ethiopia Trade: In 2022, Uruguay exported $785k to Ethiopia. The main products that Uruguay exported to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). Over the past 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%,  from $329k in 2017 to $785k in 2022.

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

Comparison: In 2022,  Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). 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, Ethiopia exported $76.2k to Uruguay. The main products exported from Ethiopia to Uruguay were Coffee ($51.5k), Knit Babies' Garments ($5.18k), and Non-Knit Women's Suits ($4.84k). During the last 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%, from $11.4k in 2017 to $76.2k in 2022.

In 2017, Uruguay exported $785k to Ethiopia. The main products exported from Uruguay to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). During the last 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%, from $329k in 2022 to $785k in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Uruguay (Flag)

Ethiopia Exports

Date

Uruguay Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Uruguay
Top Destination
China$2.89B

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

In 2022, countries that imported more from Ethiopia than Uruguay included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

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

Comparative Advantage Ethiopia - Uruguay

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Uruguay in the exports of Vegetable Products ($51.6k) and Textiles ($24.6k).

During 2017, Uruguay had a large net trade with Ethiopia in the exports of Chemical Products ($761k) and Vegetable Products ($24k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Uruguay+$147kCoffee
Top Product Potential Uruguay Ethiopia+$348kPackaged 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Ethiopia (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