2022
Exports
$11.4kWorld Rnk 118 / 185
Flag Rnk 673 / 918
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$2.7MWorld Rnk 88 / 218
Flag Rnk 486 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $11.4k in Knit Gloves, making it the 118th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 673rd most exported product in Uruguay. The main destination of Knit Gloves exports from Uruguay are: Ecuador ($5.57k), Peru ($1.75k), Italy ($1.69k), United States ($1.27k), and Canada ($990).

The fastest growing export markets for Knit Gloves of Uruguay between 2021 and 2022 were Ecuador ($5.57k), Italy ($1.69k), and Peru ($1.68k).

Imports In 2022, Uruguay imported $2.7M in Knit Gloves, becoming the 88th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 486th most imported product in Uruguay. Uruguay imports Knit Gloves primarily from: China ($1.84M), United States ($138k), France ($102k), Sri Lanka ($77.8k), and South Korea ($77.6k).

The fastest growing import markets in Knit Gloves for Uruguay between 2021 and 2022 were China ($309k), France ($62.7k), and South Korea ($51.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Gloves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.4k
IMPORTS (2022)$2.7M
NET TRADE (2022)-$2.69M

In 2022, Uruguay exported $11.4k in Knit Gloves. The main destinations of Uruguay exports on Knit Gloves were Ecuador ($5.57k), Peru ($1.75k), Italy ($1.69k), United States ($1.27k), and Canada ($990).

In 2022, Uruguay imported $2.7M in Knit Gloves, mainly from China ($1.84M), United States ($138k), France ($102k), Sri Lanka ($77.8k), and South Korea ($77.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Ecuador$5.57k (1%)
Italy$1.69k (1%)
Peru$1.68k (2.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Uruguay WERE (2021 - 2022):
Chile-$4.06k (-100%)
Panama-$4.05k (-100%)
United States-$164 (-11.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Knit Gloves were:
In 2022, Uruguay's main importing competitors in Knit Gloves were:

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $4.34k
TOP IMPORT POTENTIALChina+ $315k

Knit Gloves’s highest export potential is United States. With an export gap of $4.34k.   Knit Gloves’s highest import potential is China with an import gap of $315k.

See methodology.

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