2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%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 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%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

Switzerland-Paraguay In 2022, Switzerland exported $81.1M to Paraguay. The main products that Switzerland exported to Paraguay are Refined Petroleum ($27.9M), Packaged Medicaments ($8.08M), and Petroleum Coke ($7.22M). During the last 27 years the exports of Switzerland to Paraguay have increased at an annualized rate of 4.1%, from $27.4M in 1995 to $81.1M in 2022.

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

Paraguay-Switzerland In 2022, Paraguay exported $21.1M to Switzerland. The main products that Paraguay exported to Switzerland were Bovine Meat ($12.3M), Raw Sugar ($3.84M), and Essential Oils ($1.47M). During the last 27 years the exports of Paraguay to Switzerland have increased at an annualized rate of 5.54%, from $4.91M in 1995 to $21.1M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). 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, Switzerland exported $81.1M to Paraguay. The main products exported from Switzerland to Paraguay were Refined Petroleum ($27.9M), Packaged Medicaments ($8.08M), and Petroleum Coke ($7.22M). During the last 27 years the exports of Switzerland to Paraguay have increased at an annualized rate of 4.1%, from $27.4M in 1995 to $81.1M in 2022.

In 2022, Paraguay exported $21.1M to Switzerland. The main products exported from Paraguay to Switzerland were Bovine Meat ($12.3M), Raw Sugar ($3.84M), and Essential Oils ($1.47M). During the last 27 years the exports of Paraguay to Switzerland have increased at an annualized rate of 5.54%, from $4.91M in 1995 to $21.1M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Paraguay (Flag)

Switzerland Exports

Paraguay Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Switzerland than Paraguay were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2021, countries that imported more from Paraguay than Switzerland were Argentina ($1.91B), Brazil ($3.67B), and Chile ($1.16B).

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

Comparative Advantage Switzerland - Paraguay

Flow
Scale

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

During 2022, Switzerland had a large net trade with Paraguay in the exports of Mineral Products ($38.3M), Chemical Products ($18.9M), and Machines ($7.73M).

During 2022, Paraguay had a large net trade with Switzerland in the exports of Animal Products ($13.5M), Foodstuffs ($4.06M), and Chemical Products ($1.59M).

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

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

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