2023
Flag  
GDP
$77.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
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2023
Flag
GDP PC 
$22,798CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
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About

Uruguay-British Virgin Islands Trade: In 2023, Uruguay exported $93.8k to British Virgin Islands. The main products that Uruguay exported to British Virgin Islands were Copper Springs ($93.8k). Over the past 16 years the exports of Uruguay to British Virgin Islands have decreased at an annualized rate of 10.5%, from $555k in 2007 to $93.8k in 2023.

In 2023, Uruguay did not export any services to British Virgin Islands.

British Virgin Islands-Uruguay Trade: In 2023, British Virgin Islands exported $37k to Uruguay. The main products that British Virgin Islands exported to Uruguay were Electrical Control Boards ($20k) and Alkylbenzenes and Alkylnaphthalenes ($17k). Over the past 16 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 19.4%,  from $109k in 2007 to $37k in 2023.

In 2023, British Virgin Islands 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, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $93.8k to British Virgin Islands. The main products exported from Uruguay to British Virgin Islands were Copper Springs ($93.8k). During the last 16 years the exports of Uruguay to British Virgin Islands have decreased at an annualized rate of 10.5%, from $555k in 2007 to $93.8k in 2023.

In 2018, British Virgin Islands exported $37k to Uruguay. The main products exported from British Virgin Islands to Uruguay were Electrical Control Boards ($20k) and Alkylbenzenes and Alkylnaphthalenes ($17k). During the last 5 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 19.4%, from $109k in 2023 to $37k in 2018.

Exports from Uruguay (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Uruguay (Flag) (2023)

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
British Virgin Islands
Top Destination
Malta$93.7M

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

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

In 2023, countries that imported more from British Virgin Islands than Uruguay included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

Difference in imports from British Virgin Islands (Flag) and Uruguay (Flag) (2023)

Comparative Advantage Uruguay - British Virgin Islands

Flow
Scale

This chart compares trade between Uruguay and British Virgin Islands by product, considering products traded by both, Uruguay and British Virgin Islands.

During 2023, Uruguay had a large net trade with British Virgin Islands in the exports of Metals ($93.8k).

During 2018, British Virgin Islands had a large net trade with Uruguay in the exports of Machines ($20k) and Chemical Products ($17k).

Economic Complexity

Competitive Landscape

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

Product Space of Uruguay (Flag) and British Virgin Islands (Flag) (2023)

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