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Pricing

2023
Flag → Flag
Exports $1.07kRnk 137 / 147
2023
Flag → Flag
Top Product $598Iron Fasteners
2023
Flag → Flag
Exports $1.19MRnk 91 / 153
2023
Flag → Flag
Top Product $1.07MPrint Production Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH-2.48%CURRENT US$
Rnk 157 / 195

About

Guyana-Paraguay Trade: In 2023, Guyana exported $1.07k to Paraguay. The main products that Guyana exported to Paraguay were Iron Fasteners ($598), Other Furniture ($451), and Harvesting Machinery ($20). Over the past 10 years the exports of Guyana to Paraguay have increased at an annualized rate of 12%, from $344 in 2013 to $1.07k in 2023.

In 2023, Guyana did not export any services to Paraguay.

Paraguay-Guyana Trade: In 2023, Paraguay exported $1.19M to Guyana. The main products that Paraguay exported to Guyana were Print Production Machinery ($1.07M), Prefabricated Buildings ($88.9k), and Non-Knit Men's Suits ($20.8k). Over the past 10 years the exports of Paraguay to Guyana have increased at an annualized rate of 118%,  from $24k in 2013 to $1.19M in 2023.

In 2023, Paraguay did not export any services to Guyana.

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $1.07k to Paraguay. The main products exported from Guyana to Paraguay were Iron Fasteners ($598), Other Furniture ($451), and Harvesting Machinery ($20). During the last 10 years the exports of Guyana to Paraguay have increased at an annualized rate of 12%, from $344 in 2013 to $1.07k in 2023.

In 2018, Paraguay exported $1.19M to Guyana. The main products exported from Paraguay to Guyana were Print Production Machinery ($1.07M), Prefabricated Buildings ($88.9k), and Non-Knit Men's Suits ($20.8k). During the last 5 years the exports of Paraguay to Guyana have increased at an annualized rate of 118%, from $24k in 2023 to $1.19M in 2018.

Exports from Guyana (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Guyana (Flag) (2023)

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Paraguay
Top DestinationArgentina$4B

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 2023, countries that imported more from Guyana than Paraguay included United States ($3.51B), Trinidad and Tobago ($1.9B), and Singapore ($1.66B).

In 2023, countries that imported more from Paraguay than Guyana included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay (Flag) and Guyana (Flag) (2023)

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 2023, Guyana had a large net trade with Paraguay in the exports of Metals ($598), Miscellaneous ($451), and Machines ($20).

During 2018, Paraguay had a large net trade with Guyana in the exports of Machines ($1.07M), Miscellaneous ($92.4k), and Textiles ($20.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Paraguay (Flag) (2023)

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