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2022
Flag → Flag
Exports $56.8MRnk 34 / 168
2022
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Top Product $28.2MConcentrated Milk
2022
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Exports $295kRnk 67 / 123
2022
Flag → Flag
Top Product $177kHard Liquor
2022
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Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
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GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
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GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
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GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Uruguay-Cuba In 2022, Uruguay exported $56.8M to Cuba. The main products that Uruguay exported to Cuba are Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). During the last 27 years the exports of Uruguay to Cuba have increased at an annualized rate of 29.4%, from $54.1k in 1995 to $56.8M in 2022.

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

Cuba-Uruguay In 2022, Cuba exported $295k to Uruguay. The main products that Cuba exported to Uruguay were Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). During the last 27 years the exports of Cuba to Uruguay have decreased at an annualized rate of 9.66%, from $4.59M in 1995 to $295k in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $56.8M to Cuba. The main products exported from Uruguay to Cuba were Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). During the last 27 years the exports of Uruguay to Cuba have increased at an annualized rate of 29.4%, from $54.1k in 1995 to $56.8M in 2022.

In 2022, Cuba exported $295k to Uruguay. The main products exported from Cuba to Uruguay were Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). During the last 27 years the exports of Cuba to Uruguay have decreased at an annualized rate of 9.66%, from $4.59M in 1995 to $295k in 2022.

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

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

Latest Data

Trade between Uruguay (Flag) and Cuba (Flag)

Uruguay Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Cuba
Top DestinationChina$426M

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

In 2021, countries that imported more from Uruguay than Cuba were China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2021, countries that imported more from Cuba than Uruguay were Cyprus ($31.2M), Macau ($28.9M), and Switzerland ($41.4M).

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

Comparative Advantage Uruguay - Cuba

Flow
Scale

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

During 2022, Uruguay had a large net trade with Cuba in the exports of Animal Products ($28.5M), Vegetable Products ($26.8M), and Foodstuffs ($681k).

During 2022, Cuba had a large net trade with Uruguay in the exports of Foodstuffs ($198k), Chemical Products ($75.8k), and Paper Goods ($21.1k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Uruguay has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Uruguay.

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

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