GDP$71.2BCURRENT US$Rnk 79 / 186 GDP GROWTH31.2%CURRENT US$Rnk 96 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $20,795CURRENT US$Rnk 49 / 186GDP PC GROWTH29.3%CURRENT US$Rnk 65 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Uruguay did not export any services to Somalia.
Somalia-Uruguay In N/A, Somalia did not export any products to Uruguay.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
This map shows whether countries import more from Uruguay or Somalia. Each country is colored based on the difference in imports they receive from Uruguay and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Uruguay than Somalia included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).
In 2022, countries that imported more from Somalia than Uruguay included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).
) and Uruguay () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Uruguay and Somalia. This means that a dot/product with the flag of Uruguay indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Uruguay.
) and Somalia () (2022)
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