2023
Flag  
GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Uruguay-Palestine Trade: In 2023, Uruguay exported $960k to Palestine. The main products that Uruguay exported to Palestine were Frozen Bovine Meat ($810k) and Non-fillet Frozen Fish ($151k). Over the past 5 years the exports of Uruguay to Palestine have decreased at an annualized rate of 11.2%, from $1.74M in 2018 to $960k in 2023.

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

Palestine-Uruguay Trade: In 2023, Palestine exported $273 to Uruguay. The main products that Palestine exported to Uruguay were Electric Furnaces ($273). Over the past 5 years the exports of Palestine to Uruguay have decreased at an annualized rate of 58.8%,  from $23k in 2018 to $273 in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $960k to Palestine. The main products exported from Uruguay to Palestine were Frozen Bovine Meat ($810k) and Non-fillet Frozen Fish ($151k). During the last 5 years the exports of Uruguay to Palestine have decreased at an annualized rate of 11.2%, from $1.74M in 2018 to $960k in 2023.

In 2018, Palestine exported $273 to Uruguay. The main products exported from Palestine to Uruguay were Electric Furnaces ($273). During the last 5 years the exports of Palestine to Uruguay have decreased at an annualized rate of 58.8%, from $23k in 2023 to $273 in 2018.

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

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

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Uruguay than Palestine included China ($2.34B), Brazil ($1.92B), and United States ($880M).

In 2023, countries that imported more from Palestine than Uruguay included Jordan ($96.6M), Uzbekistan ($465k), and Ethiopia ($158k).

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

Comparative Advantage Uruguay - Palestine

Flow
Scale

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

During 2023, Uruguay had a large net trade with Palestine in the exports of Animal Products ($960k).

During 2018, Palestine had a large net trade with Uruguay in the exports of Machines ($273).

Economic Complexity

Competitive Landscape

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

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

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