Italy-Paraguay Trade: In 2022, Italy exported $110M to Paraguay. The main products that Italy exported to Paraguay were Liquid Pumps ($4M), Perfumes ($3.8M), and Office Machine Parts ($3.48M). Over the past 5 years the exports of Italy to Paraguay have increased at an annualized rate of 0.63%, from $107M in 2017 to $110M in 2022.
In 2022, Italy did not export any services to Paraguay.
Paraguay-Italy Trade: In 2022, Paraguay exported $87.6M to Italy. The main products that Paraguay exported to Italy were Tanned Equine and Bovine Hides ($31.3M), Soybean Meal ($18.6M), and Frozen Bovine Meat ($14.4M). Over the past 5 years the exports of Paraguay to Italy have decreased at an annualized rate of 20.7%, from $279M in 2017 to $87.6M in 2022.
In 2022, Paraguay did not export any services to Italy.
Comparison: In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).