Slovenia (SVN) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Slovenia-Uruguay Trade: In 2022, Slovenia exported $25.7M to Uruguay. The main products that Slovenia exported to Uruguay were Woodworking machines ($22.8M), Planes, Helicopters, and/or Spacecraft ($988k), and Video and Card Games ($364k). Over the past 5 years the exports of Slovenia to Uruguay have increased at an annualized rate of 57.9%, from $2.62M in 2017 to $25.7M in 2022.

In 2020, Slovenia exported services to Uruguay worth $114k, with Transportation ($114k) being the largest in terms of value.

Uruguay-Slovenia Trade: In 2022, Uruguay exported $11.7M to Slovenia. The main products that Uruguay exported to Slovenia were Sulfate Chemical Woodpulp ($9.62M), Bovine Meat ($306k), and Frozen Bovine Meat ($300k). Over the past 5 years the exports of Uruguay to Slovenia have increased at an annualized rate of 22.8%, from $4.19M in 2017 to $11.7M in 2022.

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

Comparison: In 2022, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovenia exported $25.7M to Uruguay. The main products exported from Slovenia to Uruguay were Woodworking machines ($22.8M), Planes, Helicopters, and/or Spacecraft ($988k), and Video and Card Games ($364k). During the last 5 years the exports of Slovenia to Uruguay have increased at an annualized rate of 57.9%, from $2.62M in 2017 to $25.7M in 2022.

In 2017, Uruguay exported $11.7M to Slovenia. The main products exported from Uruguay to Slovenia were Sulfate Chemical Woodpulp ($9.62M), Bovine Meat ($306k), and Frozen Bovine Meat ($300k). During the last 5 years the exports of Uruguay to Slovenia have increased at an annualized rate of 22.8%, from $4.19M in 2022 to $11.7M in 2017.

Exports from Slovenia () to Uruguay () (2022)

Exports from Uruguay () to Slovenia () (2022)

Latest Data

Trade between Slovenia () and Uruguay ()

Slovenia Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$9.92B

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Slovenia than Uruguay included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

In 2022, countries that imported more from Uruguay than Slovenia included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay () and Slovenia () (2022)

Comparative Advantage Slovenia - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovenia had a large net trade with Uruguay in the exports of Machines ($23.5M), Transportation ($1.1M), and Miscellaneous ($370k).

During 2017, Uruguay had a large net trade with Slovenia in the exports of Paper Goods ($9.64M), Animal Products ($996k), and Metals ($266k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Uruguay+$244kCars

Top Product Potential Uruguay Slovenia+$335kFrozen 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Uruguay () (2022)

Exports from Uruguay () to Slovenia () (2022)

Latest Data

Trade between Slovenia () and Uruguay ()

Slovenia Exports

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Slovenia () (2022)

Comparative Advantage Slovenia - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Uruguay () (2022)

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