2022
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GDP
$633BCURRENT US$
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2012-2022
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GDP GROWTH
15.9%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 
$13,686CURRENT US$
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2012-2022
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GDP PC GROWTH
4.61%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

Argentina-Paraguay In 2022, Argentina exported $1.23B to Paraguay. The main products that Argentina exported to Paraguay are Refined Petroleum ($292M), Delivery Trucks ($94.6M), and Pesticides ($60M). During the last 27 years the exports of Argentina to Paraguay have increased at an annualized rate of 2.49%, from $635M in 1995 to $1.23B in 2022.

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

Paraguay-Argentina In 2022, Paraguay exported $1.91B to Argentina. The main products that Paraguay exported to Argentina were Soybeans ($983M), Electricity ($402M), and Soybean Oil ($142M). During the last 27 years the exports of Paraguay to Argentina have increased at an annualized rate of 9.48%, from $166M in 1995 to $1.91B in 2022.

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

Comparison In 2022,  Argentina ranked 56 in the Economic Complexity Index (ECI 0.11), and 47 in total exports ($87.2B). 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, Argentina exported $1.23B to Paraguay. The main products exported from Argentina to Paraguay were Refined Petroleum ($292M), Delivery Trucks ($94.6M), and Pesticides ($60M). During the last 27 years the exports of Argentina to Paraguay have increased at an annualized rate of 2.49%, from $635M in 1995 to $1.23B in 2022.

In 2022, Paraguay exported $1.91B to Argentina. The main products exported from Paraguay to Argentina were Soybeans ($983M), Electricity ($402M), and Soybean Oil ($142M). During the last 27 years the exports of Paraguay to Argentina have increased at an annualized rate of 9.48%, from $166M in 1995 to $1.91B in 2022.

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

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

Latest Data

Trade between Argentina (Flag) and Paraguay (Flag)

Argentina Exports

Paraguay Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Argentina than Paraguay were Brazil ($12.6B), China ($8B), and United States ($6.99B).

In 2021, countries that imported more from Paraguay than Argentina were Russia ($356M), Suriname ($14.7M), and Aruba ($10.7M).

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

Comparative Advantage Argentina - Paraguay

Flow
Scale

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

During 2022, Argentina had a large net trade with Paraguay in the exports of Mineral Products ($310M), Chemical Products ($235M), and Foodstuffs ($155M).

During 2022, Paraguay had a large net trade with Argentina in the exports of Vegetable Products ($1.04B), Mineral Products ($403M), and Animal and Vegetable Bi-Products ($144M).

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

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

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