Uruguay (URY) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Uruguay-Canada In 2022, Uruguay exported $63M to Canada. The main products that Uruguay exported to Canada are Frozen Bovine Meat ($46.7M), Sheep and Goat Meat ($4.66M), and Sawn Wood ($3.41M). During the last 27 years the exports of Uruguay to Canada have increased at an annualized rate of 4.58%, from $18.8M in 1995 to $63M in 2022.

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

Canada-Uruguay In 2022, Canada exported $120M to Uruguay. The main products that Canada exported to Uruguay were Potassic Fertilizers ($68.3M), Other Agricultural Machinery ($8.69M), and Harvesting Machinery ($7.68M). During the last 27 years the exports of Canada to Uruguay have increased at an annualized rate of 6.56%, from $21.6M in 1995 to $120M in 2022.

In 2020, Canada exported services to Uruguay worth $746k, with Communications services ($746k) being the largest in terms of value.

Comparison In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $63M to Canada. The main products exported from Uruguay to Canada were Frozen Bovine Meat ($46.7M), Sheep and Goat Meat ($4.66M), and Sawn Wood ($3.41M). During the last 27 years the exports of Uruguay to Canada have increased at an annualized rate of 4.58%, from $18.8M in 1995 to $63M in 2022.

In 2022, Canada exported $120M to Uruguay. The main products exported from Canada to Uruguay were Potassic Fertilizers ($68.3M), Other Agricultural Machinery ($8.69M), and Harvesting Machinery ($7.68M). During the last 27 years the exports of Canada to Uruguay have increased at an annualized rate of 6.56%, from $21.6M in 1995 to $120M in 2022.

Exports from Uruguay () to Canada () (2022)

Exports from Canada () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Canada ()

Uruguay Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Uruguay than Canada were Argentina ($999M), Paraguay ($149M), and Bolivia ($60.9M).

In 2021, countries that imported more from Canada than Uruguay were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Uruguay () (2022)

Comparative Advantage Uruguay - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Canada in the exports of Animal Products ($52.1M), Wood Products ($4.65M), and Vegetable Products ($2.34M).

During 2022, Canada had a large net trade with Uruguay in the exports of Chemical Products ($77.8M), Machines ($27.2M), and Transportation ($5.63M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Uruguay worth $746k, with Communications services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Uruguay () (2020)

Economic Complexity

Competitive Landscape

Year

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 Uruguay has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Uruguay.

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Canada () (2022)

Exports from Canada () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Canada ()

Uruguay Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Uruguay () (2022)

Comparative Advantage Uruguay - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to Uruguay () (2020)

Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Canada () (2022)

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