NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $285MRnk 9 / 166
2023
Flag → Flag
Top Product $58.4MDelivery Trucks
2023
Flag → Flag
Exports $132MRnk 46 / 183
2023
Flag → Flag
Top Product $10.3MFish Fillets
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Uruguay-Chile Trade: In 2023, Uruguay exported $285M to Chile. The main products that Uruguay exported to Chile were Delivery Trucks ($58.4M), Bovine Meat ($54.3M), and Rapeseed Oil ($37.6M). Over the past 5 years the exports of Uruguay to Chile have increased at an annualized rate of 16.6%, from $132M in 2018 to $285M in 2023.

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

Chile-Uruguay Trade: In 2023, Chile exported $132M to Uruguay. The main products that Chile exported to Uruguay were Fish Fillets ($10.3M), Processed Tomatoes ($8.78M), and Salt ($5.24M). Over the past 5 years the exports of Chile to Uruguay have increased at an annualized rate of 1.79%,  from $121M in 2018 to $132M in 2023.

In 2009, Chile exported services to Uruguay worth $126M, with Transportation ($126M) being the largest in terms of value.

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $285M to Chile. The main products exported from Uruguay to Chile were Delivery Trucks ($58.4M), Bovine Meat ($54.3M), and Rapeseed Oil ($37.6M). During the last 5 years the exports of Uruguay to Chile have increased at an annualized rate of 16.6%, from $132M in 2018 to $285M in 2023.

In 2018, Chile exported $132M to Uruguay. The main products exported from Chile to Uruguay were Fish Fillets ($10.3M), Processed Tomatoes ($8.78M), and Salt ($5.24M). During the last 5 years the exports of Chile to Uruguay have increased at an annualized rate of 1.79%, from $121M in 2023 to $132M in 2018.

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

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

Latest Data

Trade between Uruguay (Flag) and Chile (Flag)

Uruguay Exports

Chile Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.34B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Uruguay than Chile included Turkey ($363M), Algeria ($121M), and Portugal ($133M).

In 2023, countries that imported more from Chile than Uruguay included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Uruguay - Chile

Flow
Scale

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

During 2023, Uruguay had a large net trade with Chile in the exports of Animal Products ($75.4M), Transportation ($58.6M), and Animal and Vegetable Bi-Products ($41.3M).

During 2018, Chile had a large net trade with Uruguay in the exports of Foodstuffs ($27.9M), Vegetable Products ($17.7M), and Animal Products ($15.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Chile+$5.42MDelivery Trucks
Top Product Potential Chile Uruguay+$2.16MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms