2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$71.2BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$20,795CURRENT US$
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2012-2022
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GDP PC GROWTH
29.3%CURRENT US$
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About

Kuwait-Uruguay In 2022, Kuwait exported $408 to Uruguay. The main products that Kuwait exported to Uruguay are Electric Filament ($254) and Chemical Analysis Instruments ($154). During the last 24 years the exports of Kuwait to Uruguay have decreased at an annualized rate of 26.4%, from $637k in 1998 to $408 in 2022.

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

Uruguay-Kuwait In 2022, Uruguay exported $6.3M to Kuwait. The main products that Uruguay exported to Kuwait were Sheep and Goat Meat ($4.44M), Frozen Bovine Meat ($1.04M), and Other Prepared Meat ($344k). During the last 24 years the exports of Uruguay to Kuwait have increased at an annualized rate of 11.8%, from $436k in 1998 to $6.3M in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $408 to Uruguay. The main products exported from Kuwait to Uruguay were Electric Filament ($254) and Chemical Analysis Instruments ($154). During the last 24 years the exports of Kuwait to Uruguay have decreased at an annualized rate of 26.4%, from $637k in 1998 to $408 in 2022.

In 2022, Uruguay exported $6.3M to Kuwait. The main products exported from Uruguay to Kuwait were Sheep and Goat Meat ($4.44M), Frozen Bovine Meat ($1.04M), and Other Prepared Meat ($344k). During the last 26 years the exports of Uruguay to Kuwait have increased at an annualized rate of 11.8%, from $436k in 1996 to $6.3M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Uruguay
Top Destination
China$2.89B

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

In 2021, countries that imported more from Kuwait than Uruguay were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Uruguay than Kuwait were Brazil ($1.69B), Argentina ($999M), and Netherlands ($587M).

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

Comparative Advantage Kuwait - Uruguay

Flow
Scale

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

During 2022, Kuwait had a large net trade with Uruguay in the exports of Machines ($254) and Instruments ($154).

During 2022, Uruguay had a large net trade with Kuwait in the exports of Animal Products ($5.74M), Foodstuffs ($355k), and Chemical Products ($152k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Uruguay. Similarly, the more yellow a dot/product is, the more Uruguay has comparative advantage over Kuwait.

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

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