2022
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GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%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 
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%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

China-Paraguay In 2022, China exported $4.23B to Paraguay. The main products that China exported to Paraguay are Broadcasting Equipment ($1.04B), Computers ($229M), and Rubber Tires ($227M). During the last 27 years the exports of China to Paraguay have increased at an annualized rate of 14.7%, from $106M in 1995 to $4.23B in 2022.

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

Paraguay-China In 2022, Paraguay exported $33.5M to China. The main products that Paraguay exported to China were Tanned Equine and Bovine Hides ($12.2M), Scrap Copper ($6.78M), and Sawn Wood ($3.85M). During the last 27 years the exports of Paraguay to China have increased at an annualized rate of 1.11%, from $24.8M in 1995 to $33.5M in 2022.

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

Comparison In 2022,  China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). 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, China exported $4.23B to Paraguay. The main products exported from China to Paraguay were Broadcasting Equipment ($1.04B), Computers ($229M), and Rubber Tires ($227M). During the last 27 years the exports of China to Paraguay have increased at an annualized rate of 14.7%, from $106M in 1995 to $4.23B in 2022.

In 2022, Paraguay exported $33.5M to China. The main products exported from Paraguay to China were Tanned Equine and Bovine Hides ($12.2M), Scrap Copper ($6.78M), and Sawn Wood ($3.85M). During the last 27 years the exports of Paraguay to China have increased at an annualized rate of 1.11%, from $24.8M in 1995 to $33.5M in 2022.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Paraguay
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage China - Paraguay

Flow
Scale

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

During 2022, China had a large net trade with Paraguay in the exports of Machines ($2.34B), Chemical Products ($570M), and Plastics and Rubbers ($318M).

During 2022, Paraguay had a large net trade with China in the exports of Animal Hides ($12.3M), Metals ($9M), and Wood Products ($7.48M).

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

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

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