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
$41.7BCURRENT US$
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2012-2022
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GDP GROWTH
25.3%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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2022
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GDP PC
$6,153CURRENT US$
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2012-2022
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GDP PC GROWTH
9.46%CURRENT US$
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About

Uruguay-Paraguay In 2022, Uruguay exported $149M to Paraguay. The main products that Uruguay exported to Paraguay are Malt ($23.2M), Pesticides ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($10.8M). During the last 27 years the exports of Uruguay to Paraguay have increased at an annualized rate of 5.08%, from $39M in 1995 to $149M in 2022.

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

Paraguay-Uruguay In 2022, Paraguay exported $203M to Uruguay. The main products that Paraguay exported to Uruguay were Corn ($37.2M), Bovine Meat ($35.1M), and Soybeans ($19.4M). During the last 27 years the exports of Paraguay to Uruguay have increased at an annualized rate of 6.52%, from $36.9M in 1995 to $203M in 2022.

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

Comparison In 2022,  Uruguay ranked 55 in the Economic Complexity Index (ECI 0.12), and 98 in total exports ($12B). That same year, Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $149M to Paraguay. The main products exported from Uruguay to Paraguay were Malt ($23.2M), Pesticides ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($10.8M). During the last 27 years the exports of Uruguay to Paraguay have increased at an annualized rate of 5.08%, from $39M in 1995 to $149M in 2022.

In 2022, Paraguay exported $203M to Uruguay. The main products exported from Paraguay to Uruguay were Corn ($37.2M), Bovine Meat ($35.1M), and Soybeans ($19.4M). During the last 27 years the exports of Paraguay to Uruguay have increased at an annualized rate of 6.52%, from $36.9M in 1995 to $203M in 2022.

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

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

Latest Data

Trade between Uruguay (Flag) and Paraguay (Flag)

Uruguay Exports

Paraguay Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Uruguay than Paraguay were China ($2.89B), United States ($818M), and Netherlands ($587M).

In 2021, countries that imported more from Paraguay than Uruguay were Brazil ($3.67B), Chile ($1.16B), and Argentina ($1.91B).

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

Comparative Advantage Uruguay - Paraguay

Flow
Scale

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

During 2022, Uruguay had a large net trade with Paraguay in the exports of Chemical Products ($59.9M), Vegetable Products ($24.4M), and Mineral Products ($10.9M).

During 2022, Paraguay had a large net trade with Uruguay in the exports of Vegetable Products ($62M), Animal Products ($47.6M), and Foodstuffs ($39.7M).

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

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

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