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Pricing

2022
Flag → Flag
Exports $2.1MRnk 165 / 213
2022
Flag → Flag
Top Product $498kUsed Rubber Tires
2022
Flag → Flag
Exports $9.12MRnk 52 / 158
2022
Flag → Flag
Top Product $6MOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Australia-Paraguay Trade: In 2022, Australia exported $2.1M to Paraguay. The main products that Australia exported to Paraguay were Used Rubber Tires ($498k), Motor vehicles; parts and accessories (8701 to 8705) ($311k), and Wine ($208k). Over the past 5 years the exports of Australia to Paraguay have decreased at an annualized rate of 5.14%, from $2.74M in 2017 to $2.1M in 2022.

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

Paraguay-Australia Trade: In 2022, Paraguay exported $9.12M to Australia. The main products that Paraguay exported to Australia were Other Oily Seeds ($6M), Buckwheat ($1.93M), and Wood Charcoal ($379k). Over the past 5 years the exports of Paraguay to Australia have increased at an annualized rate of 27.2%,  from $2.74M in 2017 to $9.12M in 2022.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $2.1M to Paraguay. The main products exported from Australia to Paraguay were Used Rubber Tires ($498k), Motor vehicles; parts and accessories (8701 to 8705) ($311k), and Wine ($208k). During the last 5 years the exports of Australia to Paraguay have decreased at an annualized rate of 5.14%, from $2.74M in 2017 to $2.1M in 2022.

In 2017, Paraguay exported $9.12M to Australia. The main products exported from Paraguay to Australia were Other Oily Seeds ($6M), Buckwheat ($1.93M), and Wood Charcoal ($379k). During the last 5 years the exports of Paraguay to Australia have increased at an annualized rate of 27.2%, from $2.74M in 2022 to $9.12M in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Paraguay (Flag)

Australia Exports

Paraguay Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Australia than Paraguay included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Paraguay than Australia included Argentina ($1.91B), Brazil ($3.67B), and Chile ($1.16B).

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

Comparative Advantage Australia - Paraguay

Flow
Scale

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

During 2022, Australia had a large net trade with Paraguay in the exports of Plastics and Rubbers ($564k), Machines ($404k), and Transportation ($367k).

During 2017, Paraguay had a large net trade with Australia in the exports of Vegetable Products ($8.16M), Wood Products ($458k), and Animal Hides ($166k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Paraguay. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Australia.

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

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