2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC 
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Uruguay-Greenland Trade: In 2018, Uruguay exported $5.02k to Greenland. The main products that Uruguay exported to Greenland were N/A. Over the past 5 years the exports of Uruguay to Greenland have decreased at an annualized rate of 37.5%, from $52.5k in 2013 to $5.02k in 2018.

In 2018, Uruguay did not export any services to Greenland.

Greenland-Uruguay Trade: In 2018, Greenland exported $8.9k to Uruguay. The main products that Greenland exported to Uruguay were Knit T-shirts ($8.9k). Over the past 5 years the exports of Greenland to Uruguay have increased at an annualized rate of 147%,  from $97 in 2013 to $8.9k in 2018.

In 2018, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Uruguay exported $5.02k to Greenland. There were not main exports from Uruguay to Greenland in 2018. During the last 5 years the exports of Uruguay to Greenland have decreased at an annualized rate of 37.5%, from $52.5k in 2013 to $5.02k in 2018.

In 2017, Greenland exported $8.9k to Uruguay. The main products exported from Greenland to Uruguay were Knit T-shirts ($8.9k). During the last 5 years the exports of Greenland to Uruguay have increased at an annualized rate of 147%, from $97 in 2022 to $8.9k in 2017.

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

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

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Greenland
Top Destination
Denmark$731M

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

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

In 2022, countries that imported more from Greenland than Uruguay included Denmark ($731M), Chinese Taipei ($51.1M), and Iceland ($18.9M).

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

Comparative Advantage Uruguay - Greenland

Flow
Scale

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

During 2018, Uruguay had a large net trade with Greenland in the exports of .

During 2017, Greenland had a large net trade with Uruguay in the exports of Textiles ($8.9k).

Economic Complexity

Competitive Landscape

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

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

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