Uzbekistan (UZB) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Uzbekistan-Uruguay Trade: In 2023, Uzbekistan exported $112k to Uruguay. The main products that Uzbekistan exported to Uruguay were Non-Retail Pure Cotton Yarn ($112k), Oxygen Heterocyclic Compounds ($306), and Perfume Plants ($235). Over the past 5 years the exports of Uzbekistan to Uruguay have increased at an annualized rate of 23.1%, from $39.7k in 2018 to $112k in 2023.

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

Uruguay-Uzbekistan Trade: In 2023, Uruguay exported $210k to Uzbekistan. The main products that Uruguay exported to Uzbekistan were Rice ($167k), Other Fruits ($43.6k), and Concentrated Milk ($100). Over the past 5 years the exports of Uruguay to Uzbekistan have increased at an annualized rate of 33.9%, from $48.9k in 2018 to $210k in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). That same year, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $112k to Uruguay. The main products exported from Uzbekistan to Uruguay were Non-Retail Pure Cotton Yarn ($112k), Oxygen Heterocyclic Compounds ($306), and Perfume Plants ($235). During the last 5 years the exports of Uzbekistan to Uruguay have increased at an annualized rate of 23.1%, from $39.7k in 2018 to $112k in 2023.

In 2018, Uruguay exported $210k to Uzbekistan. The main products exported from Uruguay to Uzbekistan were Rice ($167k), Other Fruits ($43.6k), and Concentrated Milk ($100). During the last 5 years the exports of Uruguay to Uzbekistan have increased at an annualized rate of 33.9%, from $48.9k in 2023 to $210k in 2018.

Exports from Uzbekistan () to Uruguay () (2023)

Exports from Uruguay () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Uzbekistan than Uruguay included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

In 2023, countries that imported more from Uruguay than Uzbekistan included Brazil ($1.92B), United States ($880M), and Argentina ($569M).

Difference in imports from Uruguay () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Uruguay in the exports of Textiles ($112k), Chemical Products ($306), and Vegetable Products ($235).

During 2018, Uruguay had a large net trade with Uzbekistan in the exports of Vegetable Products ($210k) and Animal Products ($100).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Uruguay+$5.5kDried Vegetables

Top Product Potential Uruguay Uzbekistan+$6.75kLaboratory Reagents

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Uruguay () (2023)

Exports from Uruguay () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Uruguay ()

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Uruguay () (2023)

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