2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
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2022
Flag
GDP PC 
$20,795CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
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2022
Flag
GDP PC
$40,964CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
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About

Uruguay-France Trade: In 2022, Uruguay exported $55.9M to France. The main products that Uruguay exported to France were Rapeseed ($10.1M), Horse Meat ($8.98M), and Sawn Wood ($4.66M). Over the past 5 years the exports of Uruguay to France have decreased at an annualized rate of 14.9%, from $125M in 2017 to $55.9M in 2022.

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

France-Uruguay Trade: In 2022, France exported $253M to Uruguay. The main products that France exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($78.5M), Perfumes ($21.3M), and Combustion Engines ($17.6M). Over the past 5 years the exports of France to Uruguay have increased at an annualized rate of 10.5%,  from $154M in 2017 to $253M in 2022.

In 2020, France exported services to Uruguay worth $51.4M, with Transportation ($20.6M), Other business services ($14.8M), and Travel ($5.71M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $55.9M to France. The main products exported from Uruguay to France were Rapeseed ($10.1M), Horse Meat ($8.98M), and Sawn Wood ($4.66M). During the last 5 years the exports of Uruguay to France have decreased at an annualized rate of 14.9%, from $125M in 2017 to $55.9M in 2022.

In 2017, France exported $253M to Uruguay. The main products exported from France to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($78.5M), Perfumes ($21.3M), and Combustion Engines ($17.6M). During the last 5 years the exports of France to Uruguay have increased at an annualized rate of 10.5%, from $154M in 2022 to $253M in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and France (Flag)

Uruguay Exports

France Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
France
Top Destination
Germany$78.3B

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

In 2022, countries that imported more from Uruguay than France included Paraguay ($149M), Venezuela ($65.2M), and Bolivia ($60.9M).

In 2022, countries that imported more from France than Uruguay included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Uruguay - France

Flow
Scale

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

During 2022, Uruguay had a large net trade with France in the exports of Vegetable Products ($15.5M), Animal Products ($15.1M), and Wood Products ($11.1M).

During 2017, France had a large net trade with Uruguay in the exports of Transportation ($93.3M), Chemical Products ($61.9M), and Machines ($50.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay France+$3.64MFrozen Bovine Meat
Top Product Potential France Uruguay+$8.59MPackaged 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, France exported services to Uruguay worth $51.4M, with Transportation ($20.6M), Other business services ($14.8M), and Travel ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from France (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 France. This means that a dot/product with the flag of Uruguay indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Uruguay.

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

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