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2022
Flag → Flag
Exports $57.2MRnk 120 / 224
2022
Flag → Flag
Top Product $25.2MHard Liquor
2022
Flag → Flag
Exports $109MRnk 12 / 158
2022
Flag → Flag
Top Product $66.5MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
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 PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

About

United Kingdom-Paraguay In 2022, United Kingdom exported $57.2M to Paraguay. The main products that United Kingdom exported to Paraguay are Hard Liquor ($25.2M), Soybean Meal ($3.64M), and Cars ($2.81M). During the last 27 years the exports of United Kingdom to Paraguay have decreased at an annualized rate of 2.21%, from $105M in 1995 to $57.2M in 2022.

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

Paraguay-United Kingdom In 2022, Paraguay exported $109M to United Kingdom. The main products that Paraguay exported to United Kingdom were Soybean Meal ($66.5M), Alcohol > 80% ABV ($12.4M), and Wood Charcoal ($11.3M). During the last 27 years the exports of Paraguay to United Kingdom have increased at an annualized rate of 10.3%, from $7.65M in 1995 to $109M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Latest Trends

February, 2024

About

Overview In February 2024, United Kingdom exported £2.11M and imported £2.48M from Paraguay, resulting in a negative trade balance of £366k. Between February 2023 and February 2024 the exports of United Kingdom have decreased by £-20.1k (-0.94%) from £2.13M to £2.11M, while imports increased by £982k (65.6%) from £1.5M to £2.48M.

Trade In February 2024, the top exports of United Kingdom to Paraguay were Hard Liquor (£747k), Stone Processing Machines (£189k), Cars (£56.2k), Coffee and Tea Extracts (£31.9k), and Woven Fabric of Synthetic Staple Fibers (£25.3k). In February 2024 the top imports of United Kingdom from Paraguay were Wood Charcoal (£956k), Plywood (£607k), Other Oily Seeds (£352k), Frozen Bovine Meat (£147k), and Ground Nuts (£139k).

Origins In February 2024 the exports of United Kingdom were mainly from London (£308k), London Heathrow Airport (£178k), East Midlands Airport (£127k), London Gateway (£20.8k), and Liverpool (£8.59k), while imports destinations were mainly London Gateway (£2.22M), London Heathrow Airport (£231k), Felixstowe (£20.6k), and Liverpool (£8.22k).

Growth In February 2024, the decrease in United Kingdom's year-by-year exports to Paraguay was explained primarily by an decrease in product exports in Hard Liquor (£-1.53M or -67.2%), Cars (£-131k or -69.9%), and Microphones and Headphones (£-57.6k or -90.9%). In February 2024, the increase in United Kingdom's year-by-year imports  from Paraguay was explained primarily by an increase in product imports  in Other Oily Seeds (£275k or 360%), Wood Charcoal (£146k or 18.1%), and Frozen Bovine Meat (£48k or 48.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)£-20.1k(-0.94%)
IMPORT GROWTH (February 2023 - February 2024)£982k(65.6%)
MAIN EXPORTER (February 2024)London£308k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Paraguay and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Paraguay and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $57.2M to Paraguay. The main products exported from United Kingdom to Paraguay were Hard Liquor ($25.2M), Soybean Meal ($3.64M), and Cars ($2.81M). During the last 27 years the exports of United Kingdom to Paraguay have decreased at an annualized rate of 2.21%, from $105M in 1995 to $57.2M in 2022.

In 2022, Paraguay exported $109M to United Kingdom. The main products exported from Paraguay to United Kingdom were Soybean Meal ($66.5M), Alcohol > 80% ABV ($12.4M), and Wood Charcoal ($11.3M). During the last 27 years the exports of Paraguay to United Kingdom have increased at an annualized rate of 10.3%, from $7.65M in 1995 to $109M in 2022.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Paraguay
Top DestinationBrazil$3.67B

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

In 2021, countries that imported more from United Kingdom than Paraguay were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

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

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

Comparative Advantage United Kingdom - Paraguay

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Paraguay in the exports of Foodstuffs ($29.7M), Chemical Products ($6.51M), and Machines ($4.7M).

During 2022, Paraguay had a large net trade with United Kingdom in the exports of Foodstuffs ($79.6M), Wood Products ($16.9M), and Vegetable Products ($6.85M).

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

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

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