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Pricing

2022
Flag → Flag
Exports $1.14MRnk 148 / 191
2022
Flag → Flag
Top Product $210kFerroalloys
2022
Flag → Flag
Exports $889kRnk 119 / 168
2022
Flag → Flag
Top Product $241kTanned Equine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Ukraine-Uruguay Trade: In 2022, Ukraine exported $1.14M to Uruguay. The main products that Ukraine exported to Uruguay were Ferroalloys ($210k), Broadcasting Equipment ($167k), and Valves ($105k). Over the past 5 years the exports of Ukraine to Uruguay have increased at an annualized rate of 16.6%, from $530k in 2017 to $1.14M in 2022.

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

Uruguay-Ukraine Trade: In 2022, Uruguay exported $889k to Ukraine. The main products that Uruguay exported to Ukraine were Tanned Equine and Bovine Hides ($241k), Vaccines, blood, antisera, toxins and cultures ($210k), and Sulfate Chemical Woodpulp ($189k). Over the past 5 years the exports of Uruguay to Ukraine have decreased at an annualized rate of 33.3%,  from $6.74M in 2017 to $889k in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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
Value

In 2022, Ukraine exported $1.14M to Uruguay. The main products exported from Ukraine to Uruguay were Ferroalloys ($210k), Broadcasting Equipment ($167k), and Valves ($105k). During the last 5 years the exports of Ukraine to Uruguay have increased at an annualized rate of 16.6%, from $530k in 2017 to $1.14M in 2022.

In 2017, Uruguay exported $889k to Ukraine. The main products exported from Uruguay to Ukraine were Tanned Equine and Bovine Hides ($241k), Vaccines, blood, antisera, toxins and cultures ($210k), and Sulfate Chemical Woodpulp ($189k). During the last 5 years the exports of Uruguay to Ukraine have decreased at an annualized rate of 33.3%, from $6.74M in 2022 to $889k in 2017.

Exports from Ukraine (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Uruguay (Flag)

Ukraine Exports

Uruguay Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Ukraine than Uruguay included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Difference in imports from Uruguay (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - Uruguay

Flow
Scale

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

During 2022, Ukraine had a large net trade with Uruguay in the exports of Machines ($592k), Metals ($244k), and Miscellaneous ($121k).

During 2017, Uruguay had a large net trade with Ukraine in the exports of Animal Hides ($241k), Chemical Products ($224k), and Paper Goods ($189k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Uruguay+$340kTelephones
Top Product Potential Uruguay Ukraine+$249kVaccines, blood, antisera, toxins and cultures

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

Product Space of Ukraine (Flag) and Uruguay (Flag) (2022)

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