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2023
Flag → Flag
Exports $185MRnk 108 / 216
2023
Flag → Flag
Top Product $40.4MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $363MRnk 7 / 166
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$22,798CURRENT US$
Rnk 54 / 196
2013-2023
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GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195

About

Turkey-Uruguay Trade: In 2023, Turkey exported $185M to Uruguay. The main products that Turkey exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($40.4M), Tug Boats ($20.5M), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($20.4M). Over the past 5 years the exports of Turkey to Uruguay have increased at an annualized rate of 23.7%, from $63.8M in 2018 to $185M in 2023.

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

Uruguay-Turkey Trade: In 2023, Uruguay exported $363M to Turkey. The main products that Uruguay exported to Turkey were N/A. Over the past 5 years the exports of Uruguay to Turkey have decreased at an annualized rate of 1.2%,  from $385M in 2018 to $363M in 2023.

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

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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
Value

In 2023, Turkey exported $185M to Uruguay. The main products exported from Turkey to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($40.4M), Tug Boats ($20.5M), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($20.4M). During the last 5 years the exports of Turkey to Uruguay have increased at an annualized rate of 23.7%, from $63.8M in 2018 to $185M in 2023.

In 2018, Uruguay exported $363M to Turkey. There were not main exports from Uruguay to Turkey in 2018. During the last 5 years the exports of Uruguay to Turkey have decreased at an annualized rate of 1.2%, from $385M in 2023 to $363M in 2018.

Exports from Turkey (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to Turkey (Flag) (2023)

Latest Data

Trade between Turkey (Flag) and Uruguay (Flag)

Turkey Exports

Uruguay Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Turkey than Uruguay included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Uruguay than Turkey included Brazil ($1.92B), Argentina ($569M), and Paraguay ($124M).

Difference in imports from Uruguay (Flag) and Turkey (Flag) (2023)

Comparative Advantage Turkey - Uruguay

Flow
Scale

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

During 2023, Turkey had a large net trade with Uruguay in the exports of Transportation ($85.3M), Machines ($34M), and Metals ($18.3M).

During 2018, Uruguay had a large net trade with Turkey in the exports of Animal Products ($229M), Paper Goods ($90.6M), and Foodstuffs ($17.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Uruguay+$2.43MCars
Top Product Potential Uruguay Turkey+$7.75MSoybeans

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

Product Space of Turkey (Flag) and Uruguay (Flag) (2023)

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