2022
Flag  
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
Flag
 GDP
$115BCURRENT US$
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2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
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2022
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GDP PC 
$6,153CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
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2022
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GDP PC
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

Paraguay-Ecuador In 2022, Paraguay exported $14.6M to Ecuador. The main products that Paraguay exported to Ecuador are Packaged Medicaments ($8.86M), Starches ($1.1M), and Aluminium Cans ($970k). During the last 27 years the exports of Paraguay to Ecuador have increased at an annualized rate of 9.01%, from $1.42M in 1995 to $14.6M in 2022.

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

Ecuador-Paraguay In 2022, Ecuador exported $9.75M to Paraguay. The main products that Ecuador exported to Paraguay were Processed Fish ($2.91M), Cut Flowers ($1.6M), and Crustaceans ($1.22M). During the last 27 years the exports of Ecuador to Paraguay have increased at an annualized rate of 6.9%, from $1.61M in 1995 to $9.75M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $14.6M to Ecuador. The main products exported from Paraguay to Ecuador were Packaged Medicaments ($8.86M), Starches ($1.1M), and Aluminium Cans ($970k). During the last 27 years the exports of Paraguay to Ecuador have increased at an annualized rate of 9.01%, from $1.42M in 1995 to $14.6M in 2022.

In 2022, Ecuador exported $9.75M to Paraguay. The main products exported from Ecuador to Paraguay were Processed Fish ($2.91M), Cut Flowers ($1.6M), and Crustaceans ($1.22M). During the last 27 years the exports of Ecuador to Paraguay have increased at an annualized rate of 6.9%, from $1.61M in 1995 to $9.75M in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and Ecuador (Flag)

Paraguay Exports

Ecuador Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Paraguay than Ecuador were Brazil ($3.67B), Argentina ($1.91B), and Uruguay ($203M).

In 2021, countries that imported more from Ecuador than Paraguay were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Paraguay - Ecuador

Flow
Scale

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

During 2022, Paraguay had a large net trade with Ecuador in the exports of Chemical Products ($9.36M), Metals ($1.92M), and Vegetable Products ($1.52M).

During 2022, Ecuador had a large net trade with Paraguay in the exports of Foodstuffs ($3.35M), Vegetable Products ($1.62M), and Chemical Products ($1.25M).

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

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

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