2022
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GDP
$71.2BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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 GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$20,795CURRENT US$
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2012-2022
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GDP PC GROWTH
29.3%CURRENT US$
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2022
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GDP PC
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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About

Uruguay-Kuwait In 2022, Uruguay exported $6.3M to Kuwait. The main products that Uruguay exported to Kuwait are Sheep and Goat Meat ($4.44M), Frozen Bovine Meat ($1.04M), and Other Prepared Meat ($344k). During the last 26 years the exports of Uruguay to Kuwait have increased at an annualized rate of 10.8%, from $436k in 1996 to $6.3M in 2022.

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

Kuwait-Uruguay In 2022, Kuwait exported $408 to Uruguay. The main products that Kuwait exported to Uruguay were Electric Filament ($254) and Chemical Analysis Instruments ($154). During the last 26 years the exports of Kuwait to Uruguay have decreased at an annualized rate of 24.6%, from $637k in 1996 to $408 in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $6.3M to Kuwait. The main products exported from Uruguay to Kuwait were Sheep and Goat Meat ($4.44M), Frozen Bovine Meat ($1.04M), and Other Prepared Meat ($344k). During the last 26 years the exports of Uruguay to Kuwait have increased at an annualized rate of 10.8%, from $436k in 1996 to $6.3M in 2022.

In 2022, Kuwait exported $408 to Uruguay. The main products exported from Kuwait to Uruguay were Electric Filament ($254) and Chemical Analysis Instruments ($154). During the last 24 years the exports of Kuwait to Uruguay have decreased at an annualized rate of 24.6%, from $637k in 1998 to $408 in 2022.

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

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

Latest Data

Trade between Uruguay (Flag) and Kuwait (Flag)

Uruguay Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Uruguay than Kuwait were Brazil ($1.69B), Argentina ($999M), and Netherlands ($587M).

In 2021, countries that imported more from Kuwait than Uruguay were China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Uruguay - Kuwait

Flow
Scale

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

During 2022, Uruguay had a large net trade with Kuwait in the exports of Animal Products ($5.74M), Foodstuffs ($355k), and Chemical Products ($152k).

During 2022, Kuwait had a large net trade with Uruguay in the exports of Machines ($254) and Instruments ($154).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Uruguay has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over Uruguay.

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

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