Qatar (QAT) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Qatar-Uruguay Trade: In 2023, Qatar exported $18.8M to Uruguay. The main products that Qatar exported to Uruguay were Refined Petroleum ($17.2M), Nitrogenous Fertilizers ($1.53M), and Ethylene Polymers ($58.7k). Over the past 5 years the exports of Qatar to Uruguay have increased at an annualized rate of 3.27%, from $16M in 2018 to $18.8M in 2023.

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

Uruguay-Qatar Trade: In 2023, Uruguay exported $5.25M to Qatar. The main products that Uruguay exported to Qatar were Concentrated Milk ($3.67M), Other Prepared Meat ($906k), and Packaged Medicaments ($188k). Over the past 5 years the exports of Uruguay to Qatar have increased at an annualized rate of 13.4%, from $2.8M in 2018 to $5.25M in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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, Qatar exported $18.8M to Uruguay. The main products exported from Qatar to Uruguay were Refined Petroleum ($17.2M), Nitrogenous Fertilizers ($1.53M), and Ethylene Polymers ($58.7k). During the last 5 years the exports of Qatar to Uruguay have increased at an annualized rate of 3.27%, from $16M in 2018 to $18.8M in 2023.

In 2018, Uruguay exported $5.25M to Qatar. The main products exported from Uruguay to Qatar were Concentrated Milk ($3.67M), Other Prepared Meat ($906k), and Packaged Medicaments ($188k). During the last 5 years the exports of Uruguay to Qatar have increased at an annualized rate of 13.4%, from $2.8M in 2023 to $5.25M in 2018.

Exports from Qatar () to Uruguay () (2023)

Exports from Uruguay () to Qatar () (2023)

Latest Data

Trade between Qatar () and Uruguay ()

Qatar Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Qatar than Uruguay included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

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

Comparative Advantage Qatar - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Uruguay in the exports of Mineral Products ($17.2M), Chemical Products ($1.53M), and Plastics and Rubbers ($58.7k).

During 2018, Uruguay had a large net trade with Qatar in the exports of Animal Products ($4.08M), Foodstuffs ($916k), and Chemical Products ($197k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Uruguay+$756kEthylene Polymers

Top Product Potential Uruguay Qatar+$253kPackaged 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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Uruguay () (2023)

Exports from Uruguay () to Qatar () (2023)

Latest Data

Trade between Qatar () and Uruguay ()

Qatar Exports

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Qatar - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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