GDP$20.4BCURRENT US$Rnk 115 / 186 GDP GROWTH46.3%CURRENT US$Rnk 73 / 186
GDP$41.7BCURRENT US$Rnk 96 / 186 GDP GROWTH25.3%CURRENT US$Rnk 110 / 186 GDP PC $7,738CURRENT US$Rnk 86 / 186GDP PC GROWTH21%CURRENT US$Rnk 82 / 186GDP PC$6,153CURRENT US$Rnk 102 / 186GDP PC GROWTH9.46%CURRENT US$Rnk 120 / 186In N/A, Botswana did not export any services to Paraguay.
Paraguay-Botswana In N/A, Paraguay did not export any products to Botswana.
In N/A, Paraguay did not export any services to Botswana.
Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).
This map shows whether countries import more from Botswana or Paraguay. Each country is colored based on the difference in imports they receive from Botswana and Paraguay or the difference in the growth in imports.
In 2022, countries that imported more from Botswana than Paraguay included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).
In 2022, countries that imported more from Paraguay than Botswana included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).
) and Botswana () (2022)We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
This visualization shows the product space at the HS4 level with the flags of Botswana and Paraguay. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Botswana.
) and Paraguay () (2021)
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