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
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Curaçao-Paraguay Trade: In 2022, Curaçao exported $63k to Paraguay. The main products that Curaçao exported to Paraguay were Candles ($33.4k), Ball Bearings ($16.4k), and Other Heating Machinery ($8.34k). Over the past 5 years the exports of Curaçao to Paraguay have decreased at an annualized rate of 5.01%, from $81.4k in 2017 to $63k in 2022.

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

Paraguay-Curaçao Trade: In 2022, Paraguay exported $2.48M to Curaçao. The main products that Paraguay exported to Curaçao were Rolled Tobacco ($1.52M), Frozen Bovine Meat ($584k), and Edible Offal ($339k). Over the past 5 years the exports of Paraguay to Curaçao have decreased at an annualized rate of 2.55%,  from $3.05M in 2017 to $2.48M in 2022.

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

Comparison In 2022,  Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index. 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, Curaçao exported $63k to Paraguay. The main products exported from Curaçao to Paraguay were Candles ($33.4k), Ball Bearings ($16.4k), and Other Heating Machinery ($8.34k). During the last 5 years the exports of Curaçao to Paraguay have decreased at an annualized rate of 5.01%, from $81.4k in 2017 to $63k in 2022.

In 2017, Paraguay exported $2.48M to Curaçao. The main products exported from Paraguay to Curaçao were Rolled Tobacco ($1.52M), Frozen Bovine Meat ($584k), and Edible Offal ($339k). During the last 5 years the exports of Paraguay to Curaçao have decreased at an annualized rate of 2.55%, from $3.05M in 2022 to $2.48M in 2017.

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

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

Latest Data

Trade between Curaçao (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Curaçao than Paraguay included Costa Rica ($40.8M), Guatemala ($18.2M), and Guyana ($9.66M).

In 2022, countries that imported more from Paraguay than Curaçao included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Curaçao - Paraguay

Flow
Scale

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

During 2022, Curaçao had a large net trade with Paraguay in the exports of Chemical Products ($33.4k), Machines ($24.7k), and Miscellaneous ($3.63k).

During 2017, Paraguay had a large net trade with Curaçao in the exports of Foodstuffs ($1.52M) and Animal Products ($958k).

Economic Complexity

Competitive Landscape

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

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

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