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Pricing

2022
Flag → Flag
Exports $72.2MRnk 69 / 198
2022
Flag → Flag
Top Product $40.4MBroadcasting Equipment
2022
Flag → Flag
Exports $35.8MRnk 42 / 168
2022
Flag → Flag
Top Product $18.5MAnimal Organs
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
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Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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 $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
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GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Hong Kong-Uruguay Trade: In 2022, Hong Kong exported $72.2M to Uruguay. The main products that Hong Kong exported to Uruguay were Broadcasting Equipment ($40.4M), Computers ($3.72M), and Pesticides ($3.13M). Over the past 5 years the exports of Hong Kong to Uruguay have increased at an annualized rate of 15.3%, from $35.4M in 2017 to $72.2M in 2022.

In 2022, Hong Kong did not export any services to Uruguay.

Uruguay-Hong Kong Trade: In 2022, Uruguay exported $35.8M to Hong Kong. The main products that Uruguay exported to Hong Kong were Animal Organs ($18.5M), Low-voltage Protection Equipment ($2.96M), and Beauty Products ($2.24M). Over the past 5 years the exports of Uruguay to Hong Kong have decreased at an annualized rate of 11.5%,  from $65.8M in 2017 to $35.8M in 2022.

In 2022, Uruguay did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $72.2M to Uruguay. The main products exported from Hong Kong to Uruguay were Broadcasting Equipment ($40.4M), Computers ($3.72M), and Pesticides ($3.13M). During the last 5 years the exports of Hong Kong to Uruguay have increased at an annualized rate of 15.3%, from $35.4M in 2017 to $72.2M in 2022.

In 2017, Uruguay exported $35.8M to Hong Kong. The main products exported from Uruguay to Hong Kong were Animal Organs ($18.5M), Low-voltage Protection Equipment ($2.96M), and Beauty Products ($2.24M). During the last 5 years the exports of Uruguay to Hong Kong have decreased at an annualized rate of 11.5%, from $65.8M in 2022 to $35.8M in 2017.

Exports from Hong Kong (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Uruguay (Flag)

Hong Kong Exports

Uruguay Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Hong Kong than Uruguay included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Uruguay than Hong Kong included Argentina ($999M), Brazil ($1.69B), and Algeria ($229M).

Difference in imports from Uruguay (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Uruguay

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Uruguay in the exports of Machines ($53.4M), Chemical Products ($3.76M), and Miscellaneous ($3.38M).

During 2017, Uruguay had a large net trade with Hong Kong in the exports of Animal Products ($21.7M), Chemical Products ($3.58M), and Machines ($3.54M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Uruguay+$3.36MTelephones
Top Product Potential Uruguay Hong Kong+$929kFrozen Bovine Meat

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

Product Space of Hong Kong (Flag) and Uruguay (Flag) (2022)

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