2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Paraguay-Bolivia In 2022, Paraguay exported $97M to Bolivia. The main products that Paraguay exported to Bolivia are Pesticides ($26.2M), Packaged Medicaments ($11.2M), and Refined Petroleum ($7.67M). During the last 27 years the exports of Paraguay to Bolivia have increased at an annualized rate of 12.5%, from $4.07M in 1995 to $97M in 2022.

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

Bolivia-Paraguay In 2022, Bolivia exported $66.8M to Paraguay. The main products that Bolivia exported to Paraguay were Petroleum Gas ($31M), Soybeans ($12.4M), and Electric Batteries ($3.8M). During the last 27 years the exports of Bolivia to Paraguay have increased at an annualized rate of 9.33%, from $6.01M in 1995 to $66.8M in 2022.

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

Comparison In 2022,  Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $97M to Bolivia. The main products exported from Paraguay to Bolivia were Pesticides ($26.2M), Packaged Medicaments ($11.2M), and Refined Petroleum ($7.67M). During the last 27 years the exports of Paraguay to Bolivia have increased at an annualized rate of 12.5%, from $4.07M in 1995 to $97M in 2022.

In 2022, Bolivia exported $66.8M to Paraguay. The main products exported from Bolivia to Paraguay were Petroleum Gas ($31M), Soybeans ($12.4M), and Electric Batteries ($3.8M). During the last 27 years the exports of Bolivia to Paraguay have increased at an annualized rate of 9.33%, from $6.01M in 1995 to $66.8M in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and Bolivia (Flag)

Paraguay Exports

Bolivia Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Paraguay than Bolivia were Brazil ($3.67B), Chile ($1.16B), and Russia ($356M).

In 2021, countries that imported more from Bolivia than Paraguay were India ($2.27B), Colombia ($1.06B), and Japan ($963M).

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

Comparative Advantage Paraguay - Bolivia

Flow
Scale

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

During 2022, Paraguay had a large net trade with Bolivia in the exports of Chemical Products ($44.3M), Metals ($13.9M), and Vegetable Products ($10.8M).

During 2022, Bolivia had a large net trade with Paraguay in the exports of Mineral Products ($33.7M), Vegetable Products ($12.7M), and Chemical Products ($5.25M).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with