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2023
Flag → Flag
Exports $58.8MRnk 89 / 212
2023
Flag → Flag
Top Product $10.8MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $6.44MRnk 81 / 166
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag
 GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195

About

Chinese Taipei-Uruguay Trade: In 2023, Chinese Taipei exported $58.8M to Uruguay. The main products that Chinese Taipei exported to Uruguay were Non-fillet Frozen Fish ($10.8M), Refined Petroleum ($8.62M), and Synthetic Rubber ($5.91M). Over the past 5 years the exports of Chinese Taipei to Uruguay have increased at an annualized rate of 0.54%, from $57.2M in 2018 to $58.8M in 2023.

In 2023, Chinese Taipei did not export any services to Uruguay.

Uruguay-Chinese Taipei Trade: In 2023, Uruguay exported $6.44M to Chinese Taipei. The main products that Uruguay exported to Chinese Taipei were N/A. Over the past 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 19%,  from $18.5M in 2018 to $6.44M in 2023.

In 2023, Uruguay did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $58.8M to Uruguay. The main products exported from Chinese Taipei to Uruguay were Non-fillet Frozen Fish ($10.8M), Refined Petroleum ($8.62M), and Synthetic Rubber ($5.91M). During the last 5 years the exports of Chinese Taipei to Uruguay have increased at an annualized rate of 0.54%, from $57.2M in 2018 to $58.8M in 2023.

In 2018, Uruguay exported $6.44M to Chinese Taipei. There were not main exports from Uruguay to Chinese Taipei in 2018. During the last 5 years the exports of Uruguay to Chinese Taipei have decreased at an annualized rate of 19%, from $18.5M in 2023 to $6.44M in 2018.

Exports from Chinese Taipei (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Chinese Taipei than Uruguay included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Uruguay than Chinese Taipei included Argentina ($569M), Paraguay ($124M), and Algeria ($121M).

Difference in imports from Uruguay (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Uruguay

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Uruguay in the exports of Machines ($13.9M), Plastics and Rubbers ($12.2M), and Animal Products ($10.8M).

During 2018, Uruguay had a large net trade with Chinese Taipei in the exports of Wood Products ($2.08M), Animal Products ($1.14M), and Instruments ($1.03M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Uruguay (Flag) (2023)

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