Uruguay (URY) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Uruguay-Ethiopia Trade: In 2022, Uruguay exported $785k to Ethiopia. The main products that Uruguay exported to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). Over the past 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%, from $329k in 2017 to $785k in 2022.

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

Ethiopia-Uruguay Trade: In 2022, Ethiopia exported $76.2k to Uruguay. The main products that Ethiopia exported to Uruguay were N/A. Over the past 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%, from $11.4k in 2017 to $76.2k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $785k to Ethiopia. The main products exported from Uruguay to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). During the last 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%, from $329k in 2017 to $785k in 2022.

In 2017, Ethiopia exported $76.2k to Uruguay. There were not main exports from Ethiopia to Uruguay in 2017. During the last 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%, from $11.4k in 2022 to $76.2k in 2017.

Exports from Uruguay () to Ethiopia () (2022)

Exports from Ethiopia () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Ethiopia ()

Uruguay Exports

Date

Ethiopia Exports

Date

Aug 2014

Apr 2010

Feb 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Uruguay included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

Comparative Advantage Uruguay - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Ethiopia in the exports of Chemical Products ($761k) and Vegetable Products ($24k).

During 2017, Ethiopia had a large net trade with Uruguay in the exports of Vegetable Products ($51.6k) and Textiles ($24.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Ethiopia+$348kPackaged Medicaments

Top Product Potential Ethiopia Uruguay+$147kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Ethiopia () (2022)

Exports from Ethiopia () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Ethiopia ()

Uruguay Exports

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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