2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 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 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 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

Guyana-Paraguay In 2022, Guyana exported $1.19k to Paraguay. The main products that Guyana exported to Paraguay are Harvesting Machinery ($1.11k), Engine Parts ($74), and Other Plastic Products ($3). During the last 25 years the exports of Guyana to Paraguay have increased at an annualized rate of 0.7%, from $1k in 1997 to $1.19k in 2022.

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

Paraguay-Guyana In 2022, Paraguay exported $3.4M to Guyana. The main products that Paraguay exported to Guyana were Centrifuges ($509k), Other Iron Products ($424k), and Tractors ($326k). During the last 25 years the exports of Paraguay to Guyana have increased at an annualized rate of 26.8%, from $9k in 1997 to $3.4M in 2022.

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

Comparison In 2022,  Guyana ranked 80 in total exports ($18.5B), 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, Guyana exported $1.19k to Paraguay. The main products exported from Guyana to Paraguay were Harvesting Machinery ($1.11k), Engine Parts ($74), and Other Plastic Products ($3). During the last 25 years the exports of Guyana to Paraguay have increased at an annualized rate of 0.7%, from $1k in 1997 to $1.19k in 2022.

In 2022, Paraguay exported $3.4M to Guyana. The main products exported from Paraguay to Guyana were Centrifuges ($509k), Other Iron Products ($424k), and Tractors ($326k). During the last 23 years the exports of Paraguay to Guyana have increased at an annualized rate of 26.8%, from $9k in 1999 to $3.4M in 2022.

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

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

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Guyana than Paraguay were Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

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

Comparative Advantage Guyana - Paraguay

Flow
Scale

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

During 2022, Guyana had a large net trade with Paraguay in the exports of Machines ($1.19k) and Plastics and Rubbers ($3).

During 2022, Paraguay had a large net trade with Guyana in the exports of Machines ($1.65M), Metals ($665k), and Transportation ($643k).

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

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

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