Flag Netherlands / Paraguay Flag

Exports FlagFlag  (2018): $305M, Rnk 85 / 219

Top Product FlagFlag (2018): $226M, Refined Petroleum

Exports FlagFlag (2018): $160M, Rnk 7 / 141

Top Product FlagFlag (2018): $44.3M, Soybean Meal

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI -0.48, Rnk 87 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $40.5B, CURRENT US$
Rnk 94 / 196

GDP GROWTH Flag (2008-2018): 64.8%, CURRENT US$
Rnk 63 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $5,822, CURRENT US$
Rnk 106 / 196

GDP PC GROWTH Flag (2008-2018): 44%, CURRENT US$
Rnk 53 / 196

Netherlands-Paraguay: In 2018, Netherlands exported $305M to Paraguay. The main products exported from Netherlands to Paraguay were Refined Petroleum ($226M), Beer ($14.8M), and Tractors ($9.15M). During the last 23 years the exports of Netherlands to Paraguay have increased at an annualized rate of 13.5%, from $16.6M in 1995 to $305M in 2018.

Paraguay-Netherlands: In 2018, Paraguay exported $160M to Netherlands. The main products exported from Paraguay to Netherlands were Soybean Meal ($44.3M), Soybeans ($39.8M), and Alcohol > 80% ABV ($20.4M). During the last 23 years the exports of Paraguay to Netherlands have increased at an annualized rate of 2.78%, from $84.9M in 1995 to $160M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Paraguay ranked 87 in the Economic Complexity Index (ECI -0.48), and 101 in total exports ($7.14B). In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Paraguay was ranked 106 with a GDP Per Capita of $5,822.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $305M to Paraguay. The main products exported from Netherlands to Paraguay were Refined Petroleum ($226M), Beer ($14.8M), and Tractors ($9.15M). During the last 23 years the exports of Netherlands to Paraguay have increased at an annualized rate of 13.5%, from $16.6M in 1995 to $305M in 2018.

In 2018, Paraguay exported $160M to Netherlands. The main products exported from Paraguay to Netherlands were Soybean Meal ($44.3M), Soybeans ($39.8M), and Alcohol > 80% ABV ($20.4M). During the last 23 years the exports of Paraguay to Netherlands have increased at an annualized rate of 2.78%, from $84.9M in 1995 to $160M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Paraguay
Top Destination
: Argentina, $1.73B

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

In 2018, countries that imported more from Netherlands than Paraguay were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Paraguay than Netherlands were Argentina ($1.73B) and Uruguay ($146M).

Comparative Advantage Netherlands - Paraguay

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Depth

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

During 2018, Netherlands had a large net trade with Paraguay in the exports of Mineral Products ($227M), Transportation ($29.3M), and Foodstuffs ($20.2M).

During 2018, Paraguay had a large net trade with Netherlands in the exports of Foodstuffs ($76.5M), Vegetable Products ($48.4M), and Animal and Vegetable Bi-Products ($16.9M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Paraguay (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Paraguay were Sugar beet (178%) and Whey (173%).

In 2018, the products from Paraguay that paid the highest import tariffs to enter Netherlands were Aluminium sulphate (35%) and Containers nes, outer surface plastic or textile (35%).

Explore Tariff Data

*The tariffs present between Netherlands and Paraguay are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
341: Preferential tariffs for countries benefiting from the special incentive arrangement for sustainable development and good governance

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Paraguay. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Paraguay. Similarly, the more red a dot/product is, the more Paraguay has comparative advantage over Netherlands.