2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%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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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%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

Kuwait-Paraguay In 2022, Kuwait exported $37M to Paraguay. The main products that Kuwait exported to Paraguay are Refined Petroleum ($36.9M), Ethylene Polymers ($67.6k), and Electrical Transformers ($22.9k). During the last 26 years the exports of Kuwait to Paraguay have increased at an annualized rate of 32%, from $27.1k in 1996 to $37M in 2022.

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

Paraguay-Kuwait In 2022, Paraguay exported $36M to Kuwait. The main products that Paraguay exported to Kuwait were Frozen Bovine Meat ($32.4M), Wood Charcoal ($2.88M), and Edible Offal ($250k). During the last 26 years the exports of Paraguay to Kuwait have increased at an annualized rate of 44.9%, from $2.35k in 1996 to $36M in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $37M to Paraguay. The main products exported from Kuwait to Paraguay were Refined Petroleum ($36.9M), Ethylene Polymers ($67.6k), and Electrical Transformers ($22.9k). During the last 26 years the exports of Kuwait to Paraguay have increased at an annualized rate of 32%, from $27.1k in 1996 to $37M in 2022.

In 2022, Paraguay exported $36M to Kuwait. The main products exported from Paraguay to Kuwait were Frozen Bovine Meat ($32.4M), Wood Charcoal ($2.88M), and Edible Offal ($250k). During the last 22 years the exports of Paraguay to Kuwait have increased at an annualized rate of 44.9%, from $2.35k in 2000 to $36M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Kuwait than Paraguay were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Paraguay than Kuwait were Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Kuwait - Paraguay

Flow
Scale

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

During 2022, Kuwait had a large net trade with Paraguay in the exports of Mineral Products ($36.9M), Plastics and Rubbers ($67.6k), and Machines ($22.9k).

During 2022, Paraguay had a large net trade with Kuwait in the exports of Animal Products ($32.6M), Wood Products ($2.92M), and Chemical Products ($241k).

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

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

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