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Pricing

2022
Flag → Flag
Exports $41.6MRnk 80 / 186
2022
Flag → Flag
Top Product $27.6MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $5.91MRnk 88 / 168
2022
Flag → Flag
Top Product $4.17MButter
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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 $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Morocco-Uruguay Trade: In 2022, Morocco exported $41.6M to Uruguay. The main products that Morocco exported to Uruguay were Mixed Mineral or Chemical Fertilizers ($27.6M), Phosphatic Fertilizers ($9.12M), and Glycosides ($1.29M). Over the past 5 years the exports of Morocco to Uruguay have increased at an annualized rate of 21.3%, from $15.8M in 2017 to $41.6M in 2022.

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

Uruguay-Morocco Trade: In 2022, Uruguay exported $5.91M to Morocco. The main products that Uruguay exported to Morocco were Butter ($4.17M), Animal Organs ($497k), and Sulfate Chemical Woodpulp ($340k). Over the past 5 years the exports of Uruguay to Morocco have decreased at an annualized rate of 0.82%,  from $6.37M in 2017 to $5.91M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). 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, Morocco exported $41.6M to Uruguay. The main products exported from Morocco to Uruguay were Mixed Mineral or Chemical Fertilizers ($27.6M), Phosphatic Fertilizers ($9.12M), and Glycosides ($1.29M). During the last 5 years the exports of Morocco to Uruguay have increased at an annualized rate of 21.3%, from $15.8M in 2017 to $41.6M in 2022.

In 2017, Uruguay exported $5.91M to Morocco. The main products exported from Uruguay to Morocco were Butter ($4.17M), Animal Organs ($497k), and Sulfate Chemical Woodpulp ($340k). During the last 5 years the exports of Uruguay to Morocco have decreased at an annualized rate of 0.82%, from $6.37M in 2022 to $5.91M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Uruguay (Flag)

Morocco Exports

Uruguay Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Morocco than Uruguay included Spain ($8.55B), France ($7.92B), and India ($2.99B).

In 2022, countries that imported more from Uruguay than Morocco included China ($2.89B), Argentina ($999M), and Algeria ($229M).

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

Comparative Advantage Morocco - Uruguay

Flow
Scale

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

During 2022, Morocco had a large net trade with Uruguay in the exports of Chemical Products ($38.1M), Textiles ($3.12M), and Machines ($54.7k).

During 2017, Uruguay had a large net trade with Morocco in the exports of Animal Products ($4.72M), Paper Goods ($340k), and Chemical Products ($335k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Uruguay+$3.16MMixed Mineral or Chemical Fertilizers
Top Product Potential Uruguay Morocco+$537kSulfate Chemical Woodpulp

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

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

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