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Pricing

2022
Flag → Flag
Exports $3.71MRnk 92 / 168
2022
Flag → Flag
Top Product $3.11MSulfate Chemical Woodpulp
2022
Flag → Flag
Exports $4.76MRnk 113 / 203
2022
Flag → Flag
Top Product $1.41MCars
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Uruguay-Slovakia Trade: In 2022, Uruguay exported $3.71M to Slovakia. The main products that Uruguay exported to Slovakia were Sulfate Chemical Woodpulp ($3.11M), Bovine Meat ($264k), and Wool ($213k). Over the past 5 years the exports of Uruguay to Slovakia have increased at an annualized rate of 1.7%, from $3.41M in 2017 to $3.71M in 2022.

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

Slovakia-Uruguay Trade: In 2022, Slovakia exported $4.76M to Uruguay. The main products that Slovakia exported to Uruguay were Cars ($1.41M), Coin ($423k), and Motor vehicles; parts and accessories (8701 to 8705) ($342k). Over the past 5 years the exports of Slovakia to Uruguay have decreased at an annualized rate of 2.48%,  from $5.39M in 2017 to $4.76M in 2022.

In 2020, Slovakia exported services to Uruguay worth $228k, with Travel ($114k) and Computer and information services ($114k) being the largest in terms of value.

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $3.71M to Slovakia. The main products exported from Uruguay to Slovakia were Sulfate Chemical Woodpulp ($3.11M), Bovine Meat ($264k), and Wool ($213k). During the last 5 years the exports of Uruguay to Slovakia have increased at an annualized rate of 1.7%, from $3.41M in 2017 to $3.71M in 2022.

In 2017, Slovakia exported $4.76M to Uruguay. The main products exported from Slovakia to Uruguay were Cars ($1.41M), Coin ($423k), and Motor vehicles; parts and accessories (8701 to 8705) ($342k). During the last 5 years the exports of Slovakia to Uruguay have decreased at an annualized rate of 2.48%, from $5.39M in 2022 to $4.76M in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Slovakia (Flag)

Uruguay Exports

Slovakia Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Uruguay than Slovakia included Brazil ($1.69B), Argentina ($999M), and Algeria ($229M).

In 2022, countries that imported more from Slovakia than Uruguay included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Uruguay - Slovakia

Flow
Scale

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

During 2022, Uruguay had a large net trade with Slovakia in the exports of Paper Goods ($3.11M), Animal Products ($341k), and Textiles ($227k).

During 2017, Slovakia had a large net trade with Uruguay in the exports of Transportation ($1.76M), Machines ($1.61M), and Precious Metals ($428k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Slovakia+$1.17MSulfate Chemical Woodpulp
Top Product Potential Slovakia Uruguay+$2.63MCars

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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Bilateral Service Trade

In 2020, Slovakia exported services to Uruguay worth $228k, with Travel ($114k) and Computer and information services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia (Flag) to Uruguay (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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