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2023
Flag → Flag
Exports $2.55kRnk 65 / 89
2023
Flag → Flag
Top Product $2.55kLow-voltage Protection Equipment
2023
Flag → Flag
Exports $870Rnk 120 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$1.06BCURRENT US$
Rnk 186 / 195
2013-2023
Flag
GDP GROWTH20.7%CURRENT US$
Rnk 140 / 195
2023
Flag
 GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC $22,574CURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 100 / 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

Saint Kitts and Nevis-Paraguay Trade: In 2023, Saint Kitts and Nevis exported $2.55k to Paraguay. The main products that Saint Kitts and Nevis exported to Paraguay were Low-voltage Protection Equipment ($2.55k). Over the past 9 years the exports of Saint Kitts and Nevis to Paraguay have decreased at an annualized rate of 15.1%, from $11.2k in 2014 to $2.55k in 2023.

In 2023, Saint Kitts and Nevis did not export any services to Paraguay.

Paraguay-Saint Kitts and Nevis Trade: In 2023, Paraguay exported $870 to Saint Kitts and Nevis. The main products that Paraguay exported to Saint Kitts and Nevis were N/A. Over the past 9 years the exports of Paraguay to Saint Kitts and Nevis have increased at an annualized rate of 21.5%,  from $151 in 2014 to $870 in 2023.

In 2023, Paraguay did not export any services to Saint Kitts and Nevis.

Comparison In 2023,  Saint Kitts and Nevis ranked 198 in total exports ($77.7M), 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, Saint Kitts and Nevis exported $2.55k to Paraguay. The main products exported from Saint Kitts and Nevis to Paraguay were Low-voltage Protection Equipment ($2.55k). During the last 9 years the exports of Saint Kitts and Nevis to Paraguay have decreased at an annualized rate of 15.1%, from $11.2k in 2014 to $2.55k in 2023.

In 2010, Paraguay exported $870 to Saint Kitts and Nevis. There were not main exports from Paraguay to Saint Kitts and Nevis in 2010. During the last 5 years the exports of Paraguay to Saint Kitts and Nevis have increased at an annualized rate of 21.5%, from $151 in 2015 to $870 in 2010.

Exports from Saint Kitts and Nevis (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Saint Kitts and Nevis (Flag) (2023)

Market Competitiveness

Color
Saint Kitts and Nevis
Top DestinationMalta$37.8M
Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Saint Kitts and Nevis than Paraguay included Malta ($37.8M), Saint Vincent and the Grenadines ($3.57M), and Slovakia ($1.35M).

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

Difference in imports from Paraguay (Flag) and Saint Kitts and Nevis (Flag) (2023)

Comparative Advantage Saint Kitts and Nevis - Paraguay

Flow
Scale

This chart compares trade between Saint Kitts and Nevis and Paraguay by product, considering products traded by both, Saint Kitts and Nevis and Paraguay.

During 2023, Saint Kitts and Nevis had a large net trade with Paraguay in the exports of Machines ($2.55k).

During 2010, Paraguay had a large net trade with Saint Kitts and Nevis in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Saint Kitts and Nevis (Flag) and Paraguay (Flag) (2023)

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