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2022
Flag → Flag
Exports $265MRnk 5 / 158
2022
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Top Product $35.3MOther Oily Seeds
2022
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Exports $1.7BRnk 69 / 219
2022
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Top Product $512MRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
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GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
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 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $6,153CURRENT US$
Rnk 102 / 186
2012-2022
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GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Paraguay-United States In 2022, Paraguay exported $265M to United States. The main products that Paraguay exported to United States are Other Oily Seeds ($35.3M), Raw Sugar ($33.5M), and Other Leather Articles ($28.6M). During the last 27 years the exports of Paraguay to United States have increased at an annualized rate of 5.12%, from $68.8M in 1995 to $265M in 2022.

In 2022, Paraguay did not export any services to United States.

United States-Paraguay In 2022, United States exported $1.7B to Paraguay. The main products that United States exported to Paraguay were Refined Petroleum ($512M), Broadcasting Equipment ($412M), and Computers ($90.8M). During the last 27 years the exports of United States to Paraguay have increased at an annualized rate of 3.44%, from $684M in 1995 to $1.7B in 2022.

In 2022, United States did not export any services to Paraguay.

Comparison In 2022,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $265M to United States. The main products exported from Paraguay to United States were Other Oily Seeds ($35.3M), Raw Sugar ($33.5M), and Other Leather Articles ($28.6M). During the last 27 years the exports of Paraguay to United States have increased at an annualized rate of 5.12%, from $68.8M in 1995 to $265M in 2022.

In 2022, United States exported $1.7B to Paraguay. The main products exported from United States to Paraguay were Refined Petroleum ($512M), Broadcasting Equipment ($412M), and Computers ($90.8M). During the last 27 years the exports of United States to Paraguay have increased at an annualized rate of 3.44%, from $684M in 1995 to $1.7B in 2022.

Exports from Paraguay (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and United States (Flag)

Paraguay Exports

United States Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
United States
Top DestinationCanada$308B

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

In 2019, no countries were registered that imported more from Paraguay than from United States.

In 2021, countries that imported more from United States than Paraguay were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - United States

Flow
Scale

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

During 2022, Paraguay had a large net trade with United States in the exports of Foodstuffs ($58.3M), Vegetable Products ($46.3M), and Animal Hides ($35.3M).

During 2022, United States had a large net trade with Paraguay in the exports of Machines ($752M), Mineral Products ($523M), and Chemical Products ($172M).

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

Product Space of Paraguay (Flag) and United States (Flag) (2022)

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