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2022
Flag → Flag
Exports $751kRnk 101 / 0
2022
Flag → Flag
Exports $52.2kRnk 119 / 130
2022
Flag → Flag
Top Product $19.4kIron Radiators
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC $22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Uruguay-Iran Trade: In 2022, Uruguay exported $751k to Iran. The main products that Uruguay exported to Iran were N/A. Over the past 5 years the exports of Uruguay to Iran have decreased at an annualized rate of 66.7%, from $184M in 2017 to $751k in 2022.

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

Iran-Uruguay Trade: In 2022, Iran exported $52.2k to Uruguay. The main products that Iran exported to Uruguay were Iron Radiators ($19.4k), Aluminium Housewares ($17.6k), and Knotted Carpets ($6.99k). Over the past 5 years the exports of Iran to Uruguay have decreased at an annualized rate of 30.5%,  from $321k in 2017 to $52.2k in 2022.

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

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $751k to Iran. There were not main exports from Uruguay to Iran in 2022. During the last 5 years the exports of Uruguay to Iran have decreased at an annualized rate of 66.7%, from $184M in 2017 to $751k in 2022.

In 2018, Iran exported $52.2k to Uruguay. The main products exported from Iran to Uruguay were Iron Radiators ($19.4k), Aluminium Housewares ($17.6k), and Knotted Carpets ($6.99k). During the last 5 years the exports of Iran to Uruguay have decreased at an annualized rate of 30.5%, from $321k in 2023 to $52.2k in 2018.

Exports from Uruguay (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Uruguay (Flag) (2023)

Latest Data

Trade between Uruguay (Flag) and Iran (Flag)

Uruguay Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.34B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Uruguay than Iran included Brazil ($1.92B), United States ($880M), and Argentina ($569M).

In 2023, countries that imported more from Iran than Uruguay included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

Difference in imports from Iran (Flag) and Uruguay (Flag) (2023)

Comparative Advantage Uruguay - Iran

Flow
Scale

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

During 2022, Uruguay had a large net trade with Iran in the exports of .

During 2018, Iran had a large net trade with Uruguay in the exports of Metals ($37k), Textiles ($7.1k), and Vegetable Products ($4.38k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Iran+$97.9kWool
Top Product Potential Iran Uruguay+$13.3kHand-Woven Rugs

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

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

Product Space of Uruguay (Flag) and Iran (Flag) (2023)

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