Kazakhstan (KAZ) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Kazakhstan-Uruguay Trade: In 2023, Kazakhstan exported $24.1M to Uruguay. The main products that Kazakhstan exported to Uruguay were Bitumen and asphalt ($18.4M), Petroleum Coke ($5.71M), and Insulated Wire ($14.1k). Over the past 7 years the exports of Kazakhstan to Uruguay have increased at an annualized rate of 211%, from $8.51k in 2016 to $24.1M in 2023.

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

Uruguay-Kazakhstan Trade: In 2023, Uruguay exported $3M to Kazakhstan. The main products that Uruguay exported to Kazakhstan were Horse Meat ($1.51M), Edible Offal ($513k), and Animal Organs ($454k). Over the past 7 years the exports of Uruguay to Kazakhstan have increased at an annualized rate of 12.3%, from $1.68M in 2016 to $3M in 2023.

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

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $24.1M to Uruguay. The main products exported from Kazakhstan to Uruguay were Bitumen and asphalt ($18.4M), Petroleum Coke ($5.71M), and Insulated Wire ($14.1k). During the last 7 years the exports of Kazakhstan to Uruguay have increased at an annualized rate of 211%, from $8.51k in 2016 to $24.1M in 2023.

In 2018, Uruguay exported $3M to Kazakhstan. The main products exported from Uruguay to Kazakhstan were Horse Meat ($1.51M), Edible Offal ($513k), and Animal Organs ($454k). During the last 5 years the exports of Uruguay to Kazakhstan have increased at an annualized rate of 12.3%, from $1.68M in 2023 to $3M in 2018.

Exports from Kazakhstan () to Uruguay () (2023)

Exports from Uruguay () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Uruguay ()

Kazakhstan Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Kazakhstan than Uruguay included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

In 2023, countries that imported more from Uruguay than Kazakhstan included Brazil ($1.92B), Argentina ($569M), and Chile ($285M).

Difference in imports from Uruguay () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Uruguay in the exports of Mineral Products ($24.1M), Machines ($14.1k), and Chemical Products ($928).

During 2018, Uruguay had a large net trade with Kazakhstan in the exports of Animal Products ($2.74M), Instruments ($147k), and Vegetable Products ($86.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Uruguay+$113kSulphur

Top Product Potential Uruguay Kazakhstan+$148kButter

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Uruguay () (2023)

Exports from Uruguay () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Uruguay ()

Kazakhstan Exports

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Uruguay () (2023)

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