2023
Flag  
GDP
$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC 
$29,219CURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP PC GROWTH
8.26%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

Bahrain-Paraguay Trade: In 2023, Bahrain exported $61.2M to Paraguay. The main products that Bahrain exported to Paraguay were Refined Petroleum ($56.9M), Raw Aluminium ($3.62M), and Petroleum Coke ($717k). Over the past 5 years the exports of Bahrain to Paraguay have increased at an annualized rate of 222%, from $178k in 2018 to $61.2M in 2023.

In 2023, Bahrain did not export any services to Paraguay.

Paraguay-Bahrain Trade: In 2023, Paraguay exported $926k to Bahrain. The main products that Paraguay exported to Bahrain were Frozen Bovine Meat ($722k), Other Oily Seeds ($93.9k), and Edible Offal ($56.2k). Over the past 5 years the exports of Paraguay to Bahrain have decreased at an annualized rate of 17.1%,  from $2.36M in 2018 to $926k in 2023.

In 2023, Paraguay did not export any services to Bahrain.

Comparison In 2023,  Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahrain exported $61.2M to Paraguay. The main products exported from Bahrain to Paraguay were Refined Petroleum ($56.9M), Raw Aluminium ($3.62M), and Petroleum Coke ($717k). During the last 5 years the exports of Bahrain to Paraguay have increased at an annualized rate of 222%, from $178k in 2018 to $61.2M in 2023.

In 2018, Paraguay exported $926k to Bahrain. The main products exported from Paraguay to Bahrain were Frozen Bovine Meat ($722k), Other Oily Seeds ($93.9k), and Edible Offal ($56.2k). During the last 5 years the exports of Paraguay to Bahrain have decreased at an annualized rate of 17.1%, from $2.36M in 2023 to $926k in 2018.

Exports from Bahrain (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Bahrain (Flag) (2023)

Latest Data

Trade between Bahrain (Flag) and Paraguay (Flag)

Bahrain Exports

Paraguay Exports

Market Competitiveness

Color
Bahrain
Top Destination
United Arab Emirates$3.12B
Paraguay
Top Destination
Argentina$4B

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

In 2023, countries that imported more from Bahrain than Paraguay included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

In 2023, countries that imported more from Paraguay than Bahrain included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay (Flag) and Bahrain (Flag) (2023)

Comparative Advantage Bahrain - Paraguay

Flow
Scale

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

During 2023, Bahrain had a large net trade with Paraguay in the exports of Mineral Products ($57.6M), Metals ($3.62M), and Textiles ($4.68k).

During 2018, Paraguay had a large net trade with Bahrain in the exports of Animal Products ($794k), Vegetable Products ($97.4k), and Wood Products ($19.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahrain (Flag) and Paraguay (Flag) (2023)

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