2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Namibia-Paraguay Trade: In 2021, Namibia exported $541 to Paraguay. The main products that Namibia exported to Paraguay were N/A. Over the past 11 years the exports of Namibia to Paraguay have increased at an annualized rate of 10.5%, from $181 in 2010 to $541 in 2021.

In 2021, Namibia did not export any services to Paraguay.

Paraguay-Namibia In N/A, Paraguay did not export any products to Namibia.

In 2021, Paraguay did not export any services to Namibia.

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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 2021, Namibia exported $541 to Paraguay. There were not main exports from Namibia to Paraguay in 2021. During the last 11 years the exports of Namibia to Paraguay have increased at an annualized rate of 10.5%, from $181 in 2010 to $541 in 2021.

Paraguay does not register exports to Namibia. The main products exported from Paraguay to Namibia were Animal Organs ($83.5k), Video Displays ($7.92k), and Rice ($14).

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

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

Latest Data

Trade between Namibia (Flag) and Paraguay (Flag)

Paraguay Exports

Date

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Namibia than Paraguay included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Paraguay than Namibia included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Namibia - Paraguay

Flow
Scale

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

During 2021, Namibia had a large net trade with Paraguay in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Paraguay+$3.25kRefined Petroleum
Top Product Potential Paraguay Namibia+$13.7kTelephones

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 Namibia and Paraguay. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Namibia.

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

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