Uruguay (URY) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Uruguay-Kazakhstan Trade: In 2023, Uruguay exported $3M to Kazakhstan. The main products that Uruguay exported to Kazakhstan were Horse Meat ($1.51M), Edible Offal ($513k), and Animal Organs ($454k). Over the past 5 years the exports of Uruguay to Kazakhstan have increased at an annualized rate of 12.3%, from $1.68M in 2018 to $3M in 2023.

In 2023, Uruguay did not export any services to Kazakhstan.

Kazakhstan-Uruguay Trade: In 2023, Kazakhstan exported $24.1M to Uruguay. The main products that Kazakhstan exported to Uruguay were Bitumen and asphalt ($18.4M), Petroleum Coke ($5.71M), and Insulated Wire ($14.1k). Over the past 5 years the exports of Kazakhstan to Uruguay have increased at an annualized rate of 666%, from $912 in 2018 to $24.1M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uruguay exported $3M to Kazakhstan. The main products exported from Uruguay to Kazakhstan were Horse Meat ($1.51M), Edible Offal ($513k), and Animal Organs ($454k). During the last 5 years the exports of Uruguay to Kazakhstan have increased at an annualized rate of 12.3%, from $1.68M in 2018 to $3M in 2023.

In 2018, Kazakhstan exported $24.1M to Uruguay. The main products exported from Kazakhstan to Uruguay were Bitumen and asphalt ($18.4M), Petroleum Coke ($5.71M), and Insulated Wire ($14.1k). During the last 5 years the exports of Kazakhstan to Uruguay have increased at an annualized rate of 666%, from $912 in 2023 to $24.1M in 2018.

Exports from Uruguay () to Kazakhstan () (2023)

Exports from Kazakhstan () to Uruguay () (2023)

Latest Data

Trade between Uruguay () and Kazakhstan ()

Uruguay Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.34B

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Uruguay than Kazakhstan included Brazil ($1.92B), Argentina ($569M), and Chile ($285M).

In 2023, countries that imported more from Kazakhstan than Uruguay included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

Difference in imports from Kazakhstan () and Uruguay () (2023)

Comparative Advantage Uruguay - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uruguay had a large net trade with Kazakhstan in the exports of Animal Products ($2.74M), Instruments ($147k), and Vegetable Products ($86.8k).

During 2018, Kazakhstan had a large net trade with Uruguay in the exports of Mineral Products ($24.1M), Machines ($14.1k), and Chemical Products ($928).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Kazakhstan+$148kButter

Top Product Potential Kazakhstan Uruguay+$113kSulphur

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

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Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Kazakhstan () (2023)

Exports from Kazakhstan () to Uruguay () (2023)

Latest Data

Trade between Uruguay () and Kazakhstan ()

Uruguay Exports

Kazakhstan Exports

Market Competitiveness

Difference in imports from Kazakhstan () and Uruguay () (2023)

Comparative Advantage Uruguay - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Kazakhstan () (2023)

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