Viet Nam-Uruguay Bilateral Trade Analysis 2023
Complete trade statistics: $104.65M total volume •Viet Nam surplus: $104.65M
Viet Nam → Uruguay
$104.65M
Exports (2023)
Uruguay → Viet Nam
$0
Imports (2023)
Trade Balance
$104.65M
Surplus for Viet Nam
Total Trade
$104.65M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Viet Nam and Uruguay. Green line shows exports from Viet Nam, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Viet Nam-Uruguay commercial relationship and competitive positioning in global markets.
Viet Nam → Uruguay Exports
Export Market Intelligence
🎯 Strategic Export Focus
Viet Nam's export portfolio to Uruguay demonstrates strategic specialization, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.
Uruguay → Viet Nam Imports
Import Dependency Profile
📦 Import Strategy Analysis
Viet Nam's import pattern from Uruguay reveals significant dependencyin wood: of eucalyptus (eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Viet Nam demonstrates competitive strength in exportingtelephones for cellular networks or for other wireless networks to Uruguay, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $104.65M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Viet Nam-Uruguay Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $104.65 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Viet Nam maintains a surplus of $104.65 million
- Export Focus: Viet Nam's primary exports include telephones for cellular networks or for other wireless networks, footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials, fertilizers, mineral or chemical: phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (p2o5)
- Import Dependencies: Key imports from Uruguay include wood: of eucalyptus (eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, tanned or crust hides and skins: bovine or equine, without hair on, in the wet state (including wet blue), excluding full grains, unsplit: grain splits, wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $104.65M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Viet Nam leveraging its comparative advantages in telephones for cellular networks or for other wireless networks.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Viet Nam's specialization in telephones for cellular networks or for other wireless networkscomplements Uruguay's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wood: of eucalyptus (eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $104.65M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $104.65M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $104.65 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in telephones for cellular networks or for other wireless networks and wood: of eucalyptus (eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Viet Nam's trade surplus of $104.65 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Viet Nam and Uruguay represents a total trade volume of $104.65 million in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $104.65 million.
Export Strengths
Viet Nam's exports to Uruguay total $104.65 million, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $47.27M or45.2% of bilateral exports.
Import Dependencies
Imports from Uruguay amount to $0.00, highlighting economic interdependence in wood: of eucalyptus (eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, with Wood: of eucalyptus (Eucalyptus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Viet Nam's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Viet Nam and Uruguay in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023