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2022
Flag → Flag
Exports $297MRnk 91 / 211
2022
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Top Product $98MCars
2022
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Exports $58.1MRnk 38 / 158
2022
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Top Product $15.3MOther Oily Seeds
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
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GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
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GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Japan-Paraguay Trade: In 2022, Japan exported $297M to Paraguay. The main products that Japan exported to Paraguay were Cars ($98M), Delivery Trucks ($12.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.19M). Over the past 5 years the exports of Japan to Paraguay have increased at an annualized rate of 2.46%, from $263M in 2017 to $297M in 2022.

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

Paraguay-Japan Trade: In 2022, Paraguay exported $58.1M to Japan. The main products that Paraguay exported to Japan were Other Oily Seeds ($15.3M), Sowing Seeds ($417k), and Scrap Copper ($174k). Over the past 5 years the exports of Paraguay to Japan have increased at an annualized rate of 12.2%,  from $32.7M in 2017 to $58.1M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Latest Trends

April, 2024

About

Overview In April 2024, Japan exported ¥1.79B and imported ¥93.9M from Paraguay, resulting in a positive trade balance of ¥1.7B. Between April 2023 and April 2024 the exports of Japan have increased by ¥538M (43%) from ¥1.25B to ¥1.79B, while imports decreased by ¥-41.8M (-30.8%) from ¥136M to ¥93.9M.

Trade In April 2024, the top exports of Japan to Paraguay were Cars (¥421M), Commodities not elsewhere specified (¥71.8M), Delivery Trucks (¥68.3M), Used Rubber Tires (¥54.1M), and Low-voltage Protection Equipment (¥47.1M). In April 2024 the top imports of Japan from Paraguay were Other Oily Seeds (¥56.7M), Electrical Transformers (¥11.6M), Soybeans (¥5.65M), Computers (¥3.64M), and Commodities not elsewhere specified (¥1.19M).

Origins In April 2024 the exports of Japan were mainly from Kanagawa (¥562M), Aichi (¥540M), Shizuoka (¥198M), Chiba (¥195M), and Hiroshima (¥93M), while imports destinations were mainly Aichi (¥60.7M), Mie (¥17.1M), Osaka (¥6.9M), Chiba (¥3.45M), and Hokkaido (¥2.63M).

Growth In April 2024, the increase in Japan's year-by-year exports to Paraguay was explained primarily by an increase in product exports in Cars (¥151M or 55.7%), Used Rubber Tires (¥39.8M or 277%), and Insulated Wire (¥16M or 84.2%). In April 2024, the decrease in Japan's year-by-year imports  from Paraguay was explained primarily by an decrease in product imports  in Other Oily Seeds (¥-167M or -74.7%), Sowing Seeds (¥-5.36M or -95.4%), and Live Fish (¥-1.08M or -51.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)¥538M(43%)
IMPORT GROWTH (April 2023 - April 2024)¥-41.8M(-30.8%)
MAIN EXPORTER (April 2024)Kanagawa¥562M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Paraguay and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Paraguay and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $297M to Paraguay. The main products exported from Japan to Paraguay were Cars ($98M), Delivery Trucks ($12.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.19M). During the last 5 years the exports of Japan to Paraguay have increased at an annualized rate of 2.46%, from $263M in 2017 to $297M in 2022.

In 2017, Paraguay exported $58.1M to Japan. The main products exported from Paraguay to Japan were Other Oily Seeds ($15.3M), Sowing Seeds ($417k), and Scrap Copper ($174k). During the last 22 years the exports of Paraguay to Japan have increased at an annualized rate of 12.2%, from $32.7M in 1995 to $58.1M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Japan than Paraguay included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Paraguay than Japan included Argentina ($1.91B), Uruguay ($203M), and Aruba ($10.7M).

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

Comparative Advantage Japan - Paraguay

Flow
Scale

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

During 2022, Japan had a large net trade with Paraguay in the exports of Transportation ($120M), Machines ($45.3M), and Plastics and Rubbers ($14.1M).

During 2017, Paraguay had a large net trade with Japan in the exports of Vegetable Products ($16.1M), Metals ($174k), and Foodstuffs ($83.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Paraguay+$22.4MCars
Top Product Potential Paraguay Japan+$843kSoybean Meal

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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