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Pricing

2022
Flag → Flag
Exports $12.4MRnk 67 / 168
2022
Flag → Flag
Top Product $6.97MBovine Meat
2022
Flag → Flag
Exports $81.6MRnk 74 / 218
2022
Flag → Flag
Top Product $26.7MOther Pure Vegetable Oils
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Uruguay-Denmark Trade: In 2022, Uruguay exported $12.4M to Denmark. The main products that Uruguay exported to Denmark were Bovine Meat ($6.97M), Frozen Bovine Meat ($3.15M), and Honey ($542k). Over the past 5 years the exports of Uruguay to Denmark have decreased at an annualized rate of 16.5%, from $30.7M in 2017 to $12.4M in 2022.

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

Denmark-Uruguay Trade: In 2022, Denmark exported $81.6M to Uruguay. The main products that Denmark exported to Uruguay were Other Pure Vegetable Oils ($26.7M), Palm Oil ($25.8M), and Chemical Analysis Instruments ($2.28M). Over the past 5 years the exports of Denmark to Uruguay have increased at an annualized rate of 1.77%,  from $74.7M in 2017 to $81.6M in 2022.

In 2020, Denmark exported services to Uruguay worth $80.9M, with Transportation ($76.3M), Construction services ($2.28M), and Other business services ($914k) being the largest in terms of value.

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $12.4M to Denmark. The main products exported from Uruguay to Denmark were Bovine Meat ($6.97M), Frozen Bovine Meat ($3.15M), and Honey ($542k). During the last 5 years the exports of Uruguay to Denmark have decreased at an annualized rate of 16.5%, from $30.7M in 2017 to $12.4M in 2022.

In 2017, Denmark exported $81.6M to Uruguay. The main products exported from Denmark to Uruguay were Other Pure Vegetable Oils ($26.7M), Palm Oil ($25.8M), and Chemical Analysis Instruments ($2.28M). During the last 5 years the exports of Denmark to Uruguay have increased at an annualized rate of 1.77%, from $74.7M in 2022 to $81.6M in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Denmark (Flag)

Uruguay Exports

Denmark Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Uruguay than Denmark included Argentina ($999M), Brazil ($1.69B), and Algeria ($229M).

In 2022, countries that imported more from Denmark than Uruguay included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Uruguay - Denmark

Flow
Scale

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

During 2022, Uruguay had a large net trade with Denmark in the exports of Animal Products ($11.3M), Machines ($374k), and Wood Products ($290k).

During 2017, Denmark had a large net trade with Uruguay in the exports of Animal and Vegetable Bi-Products ($52.5M), Machines ($7.86M), and Chemical Products ($4.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Denmark+$1.39MFrozen Bovine Meat
Top Product Potential Denmark Uruguay+$1.87MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Denmark exported services to Uruguay worth $80.9M, with Transportation ($76.3M), Construction services ($2.28M), and Other business services ($914k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Uruguay (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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