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
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%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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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Paraguay-Brazil In 2022, Paraguay exported $3.67B to Brazil. The main products that Paraguay exported to Brazil are Electricity ($1.26B), Corn ($526M), and Rice ($219M). During the last 27 years the exports of Paraguay to Brazil have increased at an annualized rate of 8.1%, from $449M in 1995 to $3.67B in 2022.

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

Brazil-Paraguay In 2022, Brazil exported $3.53B to Paraguay. The main products that Brazil exported to Paraguay were Cars ($163M), Mixed Mineral or Chemical Fertilizers ($112M), and Harvesting Machinery ($110M). During the last 27 years the exports of Brazil to Paraguay have increased at an annualized rate of 3.8%, from $1.29B in 1995 to $3.53B in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $3.67B to Brazil. The main products exported from Paraguay to Brazil were Electricity ($1.26B), Corn ($526M), and Rice ($219M). During the last 27 years the exports of Paraguay to Brazil have increased at an annualized rate of 8.1%, from $449M in 1995 to $3.67B in 2022.

In 2022, Brazil exported $3.53B to Paraguay. The main products exported from Brazil to Paraguay were Cars ($163M), Mixed Mineral or Chemical Fertilizers ($112M), and Harvesting Machinery ($110M). During the last 27 years the exports of Brazil to Paraguay have increased at an annualized rate of 3.8%, from $1.29B in 1995 to $3.53B in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and Brazil (Flag)

Paraguay Exports

Brazil Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Brazil
Top Destination
China$90.1B

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

In 2019, no countries were registered that imported more from Paraguay than from Brazil.

In 2021, countries that imported more from Brazil than Paraguay were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Paraguay - Brazil

Flow
Scale

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

During 2022, Paraguay had a large net trade with Brazil in the exports of Mineral Products ($1.26B), Vegetable Products ($1.05B), and Animal Products ($260M).

During 2022, Brazil had a large net trade with Paraguay in the exports of Machines ($759M), Chemical Products ($494M), and Transportation ($395M).

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

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

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