Uruguay (URY) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Uruguay-Angola Trade: In 2022, Uruguay exported $2.94M to Angola. The main products that Uruguay exported to Angola were Concentrated Milk ($1.43M), Sheep and Goat Meat ($327k), and Pesticides ($283k). Over the past 5 years the exports of Uruguay to Angola have decreased at an annualized rate of 11.8%, from $5.5M in 2017 to $2.94M in 2022.

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

Angola-Uruguay Trade: In 2022, Angola exported $273M to Uruguay. The main products that Angola exported to Uruguay were N/A. Over the past 5 years the exports of Angola to Uruguay have increased at an annualized rate of 3.67%, from $220M in 2017 to $273M in 2022.

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

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $2.94M to Angola. The main products exported from Uruguay to Angola were Concentrated Milk ($1.43M), Sheep and Goat Meat ($327k), and Pesticides ($283k). During the last 5 years the exports of Uruguay to Angola have decreased at an annualized rate of 11.8%, from $5.5M in 2017 to $2.94M in 2022.

In 2016, Angola exported $273M to Uruguay. There were not main exports from Angola to Uruguay in 2016. During the last 5 years the exports of Angola to Uruguay have increased at an annualized rate of 3.67%, from $220M in 2021 to $273M in 2016.

Exports from Uruguay () to Angola () (2022)

Exports from Angola () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Angola ()

Uruguay Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Uruguay than Angola included Argentina ($999M), Brazil ($1.69B), and South Korea ($267M).

In 2022, countries that imported more from Angola than Uruguay included China ($21.8B), India ($4.81B), and France ($3.8B).

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

Comparative Advantage Uruguay - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Angola in the exports of Animal Products ($2.53M), Chemical Products ($323k), and Vegetable Products ($60k).

During 2016, Angola had a large net trade with Uruguay in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Angola+$620kConcentrated Milk

Top Product Potential Angola Uruguay+$7.54kCrude Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Angola () (2022)

Exports from Angola () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Angola ()

Uruguay Exports

Angola Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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