2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$41.7BCURRENT US$
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2012-2022
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GDP GROWTH
25.3%CURRENT US$
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$6,153CURRENT US$
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2012-2022
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GDP PC GROWTH
9.46%CURRENT US$
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About

Japan-Paraguay In 2022, Japan exported $200M to Paraguay. The main products that Japan exported to Paraguay are Cars ($98M), Delivery Trucks ($12.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.19M). During the last 27 years the exports of Japan to Paraguay have decreased at an annualized rate of 1.01%, from $263M in 1995 to $200M in 2022.

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

Paraguay-Japan In 2022, Paraguay exported $16.6M to Japan. The main products that Paraguay exported to Japan were Other Oily Seeds ($15.3M), Sowing Seeds ($417k), and Scrap Copper ($174k). During the last 27 years the exports of Paraguay to Japan have decreased at an annualized rate of 2.47%, from $32.7M in 1995 to $16.6M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $200M 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 27 years the exports of Japan to Paraguay have decreased at an annualized rate of 1.01%, from $263M in 1995 to $200M in 2022.

In 2022, Paraguay exported $16.6M 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 27 years the exports of Paraguay to Japan have decreased at an annualized rate of 2.47%, from $32.7M in 1995 to $16.6M in 2022.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Paraguay
Top Destination
Brazil$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 2021, countries that imported more from Japan than Paraguay were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2021, countries that imported more from Paraguay than Japan were 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 2022, Paraguay had a large net trade with Japan in the exports of Vegetable Products ($16.1M), Metals ($174k), and Foodstuffs ($83.9k).

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

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

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