Namibia (NAM) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Namibia-Uruguay Trade: In 2023, Namibia exported $13.3k to Uruguay. The main products that Namibia exported to Uruguay were Non-fillet Fresh Fish ($7.27k), Collector's Items ($3.4k), and Precious Stones ($1.54k). Over the past 5 years the exports of Namibia to Uruguay have decreased at an annualized rate of 69.7%, from $5.2M in 2018 to $13.3k in 2023.

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

Uruguay-Namibia Trade: In 2023, Uruguay exported $1.62M to Namibia. The main products that Uruguay exported to Namibia were Vaccines, blood, antisera, toxins and cultures ($1.13M), Honey ($233k), and Raw Plastic Sheeting ($137k). Over the past 5 years the exports of Uruguay to Namibia have increased at an annualized rate of 25%, from $529k in 2018 to $1.62M in 2023.

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

Comparison: In 2023, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). 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, Namibia exported $13.3k to Uruguay. The main products exported from Namibia to Uruguay were Non-fillet Fresh Fish ($7.27k), Collector's Items ($3.4k), and Precious Stones ($1.54k). During the last 5 years the exports of Namibia to Uruguay have decreased at an annualized rate of 69.7%, from $5.2M in 2018 to $13.3k in 2023.

In 2018, Uruguay exported $1.62M to Namibia. The main products exported from Uruguay to Namibia were Vaccines, blood, antisera, toxins and cultures ($1.13M), Honey ($233k), and Raw Plastic Sheeting ($137k). During the last 5 years the exports of Uruguay to Namibia have increased at an annualized rate of 25%, from $529k in 2023 to $1.62M in 2018.

Exports from Namibia () to Uruguay () (2023)

Exports from Uruguay () to Namibia () (2023)

Latest Data

Trade between Namibia () and Uruguay ()

Namibia Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Namibia than Uruguay included South Africa ($1.71B), Botswana ($504M), and Belgium ($424M).

In 2023, countries that imported more from Uruguay than Namibia included Brazil ($1.92B), China ($2.34B), and United States ($880M).

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

Comparative Advantage Namibia - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Uruguay in the exports of Animal Products ($7.27k), Arts and Antiques ($3.4k), and Precious Metals ($1.54k).

During 2018, Uruguay had a large net trade with Namibia in the exports of Chemical Products ($1.15M), Animal Products ($311k), and Plastics and Rubbers ($137k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Uruguay+$4.21kNon-fillet Fresh Fish

Top Product Potential Uruguay Namibia+$36.6kNon-fillet Frozen Fish

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Uruguay () (2023)

Exports from Uruguay () to Namibia () (2023)

Latest Data

Trade between Namibia () and Uruguay ()

Namibia Exports

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Namibia - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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