2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Chile-Paraguay Trade: In 2022, Chile exported $509M to Paraguay. The main products that Chile exported to Paraguay were Cars ($136M), Used Clothing ($32.1M), and Packaged Medicaments ($21.4M). Over the past 5 years the exports of Chile to Paraguay have increased at an annualized rate of 2.71%, from $446M in 2017 to $509M in 2022.

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

Paraguay-Chile Trade: In 2022, Paraguay exported $1.16B to Chile. The main products that Paraguay exported to Chile were Bovine Meat ($660M), Corn ($224M), and Frozen Bovine Meat ($62.8M). Over the past 5 years the exports of Paraguay to Chile have increased at an annualized rate of 13%,  from $632M in 2017 to $1.16B in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $509M to Paraguay. The main products exported from Chile to Paraguay were Cars ($136M), Used Clothing ($32.1M), and Packaged Medicaments ($21.4M). During the last 5 years the exports of Chile to Paraguay have increased at an annualized rate of 2.71%, from $446M in 2017 to $509M in 2022.

In 2017, Paraguay exported $1.16B to Chile. The main products exported from Paraguay to Chile were Bovine Meat ($660M), Corn ($224M), and Frozen Bovine Meat ($62.8M). During the last 5 years the exports of Paraguay to Chile have increased at an annualized rate of 13%, from $632M in 2022 to $1.16B in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Chile than Paraguay included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Paraguay than Chile included Argentina ($1.91B), Uruguay ($203M), and Kuwait ($36M).

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

Comparative Advantage Chile - Paraguay

Flow
Scale

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

During 2022, Chile had a large net trade with Paraguay in the exports of Textiles ($158M), Transportation ($151M), and Foodstuffs ($45.8M).

During 2017, Paraguay had a large net trade with Chile in the exports of Animal Products ($730M), Vegetable Products ($270M), and Foodstuffs ($49.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Paraguay+$3.47MRefined Petroleum
Top Product Potential Paraguay Chile+$2.44MPesticides

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with