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2022
Flag → Flag
Exports $170MRnk 12 / 168
2022
Flag → Flag
Top Product $76.5MSulfate Chemical Woodpulp
2022
Flag → Flag
Exports $184MRnk 110 / 219
2022
Flag → Flag
Top Product $27MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Uruguay-Turkey Trade: In 2022, Uruguay exported $170M to Turkey. The main products that Uruguay exported to Turkey were Sulfate Chemical Woodpulp ($76.5M), Bovine ($32.9M), and Rice ($22.4M). Over the past 5 years the exports of Uruguay to Turkey have decreased at an annualized rate of 9.78%, from $285M in 2017 to $170M in 2022.

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

Turkey-Uruguay Trade: In 2022, Turkey exported $184M to Uruguay. The main products that Turkey exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($27M), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($22.5M), and Petroleum Coke ($16.9M). Over the past 5 years the exports of Turkey to Uruguay have increased at an annualized rate of 26.9%,  from $55.8M in 2017 to $184M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $170M to Turkey. The main products exported from Uruguay to Turkey were Sulfate Chemical Woodpulp ($76.5M), Bovine ($32.9M), and Rice ($22.4M). During the last 5 years the exports of Uruguay to Turkey have decreased at an annualized rate of 9.78%, from $285M in 2017 to $170M in 2022.

In 2017, Turkey exported $184M to Uruguay. The main products exported from Turkey to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($27M), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($22.5M), and Petroleum Coke ($16.9M). During the last 5 years the exports of Turkey to Uruguay have increased at an annualized rate of 26.9%, from $55.8M in 2022 to $184M in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Turkey (Flag)

Uruguay Exports

Turkey Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Uruguay than Turkey included Argentina ($999M), Brazil ($1.69B), and Paraguay ($149M).

In 2022, countries that imported more from Turkey than Uruguay included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Uruguay - Turkey

Flow
Scale

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

During 2022, Uruguay had a large net trade with Turkey in the exports of Paper Goods ($76.5M), Animal Products ($44.8M), and Vegetable Products ($32M).

During 2017, Turkey had a large net trade with Uruguay in the exports of Transportation ($53.3M), Machines ($40.5M), and Mineral Products ($32.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Turkey+$7.75MSoybeans
Top Product Potential Turkey Uruguay+$2.43MCars

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

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

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

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