Flag Paraguay / Brazil Flag

2020
FlagFlag
Exports
: $3.02B, Rnk 1 / 151

2020
FlagFlag
Top Product
: $1.44B, Electricity

2020
FlagFlag
Exports
: $2.19B, Rnk 23 / 223

2020
FlagFlag
Top Product
: $89.6M, Mixed Mineral or Chemical Fertilizers

2020
Flag
Economic Complexity (ECI)
: ECI -0.45, Rnk 79 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
Flag  
GDP
: $35.7B, CURRENT US$
Rnk 94 / 195

2010-2020
Flag
GDP GROWTH
: 31%, CURRENT US$
Rnk 95 / 195

2020
Flag
 GDP
: $1.44T, CURRENT US$
Rnk 12 / 195

2010-2020
Flag
GDP GROWTH
: -34.6%, CURRENT US$
Rnk 190 / 195

2020
Flag
GDP PC 
: $5,001, CURRENT US$
Rnk 102 / 195

2010-2020
Flag
GDP PC GROWTH
: 14.7%, CURRENT US$
Rnk 98 / 195

2020
Flag
GDP PC
: $6,797, CURRENT US$
Rnk 91 / 195

2010-2020
Flag
GDP PC GROWTH
: -39.8%, CURRENT US$
Rnk 187 / 195

Paraguay-Brazil In 2020, Paraguay exported $3.02B to Brazil. The main products that Paraguay exported to Brazil are Electricity ($1.44B), Soybeans ($252M), and Corn ($187M). During the last 25 years the exports of Paraguay to Brazil have increased at an annualized rate of 7.93%, from $449M in 1995 to $3.02B in 2020.

In 2020, Paraguay did not export any services to Brazil.

Brazil-Paraguay In 2020, Brazil exported $2.19B to Paraguay. The main products that Brazil exported to Paraguay were Mixed Mineral or Chemical Fertilizers ($89.6M), Cars ($72.2M), and Pesticides ($69.3M). During the last 25 years the exports of Brazil to Paraguay have increased at an annualized rate of 2.11%, from $1.3B in 1995 to $2.19B in 2020.

In 2020, Brazil did not export any services to Paraguay.

Comparison In 2020,  Paraguay ranked 79 in the Economic Complexity Index (ECI -0.45), and 91 in total exports ($8.66B). That same year, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Paraguay exported $3.02B to Brazil. The main products exported from Paraguay to Brazil were Electricity ($1.44B), Soybeans ($252M), and Corn ($187M). During the last 25 years the exports of Paraguay to Brazil have increased at an annualized rate of 7.93%, from $449M in 1995 to $3.02B in 2020.

In 2020, Brazil exported $2.19B to Paraguay. The main products exported from Brazil to Paraguay were Mixed Mineral or Chemical Fertilizers ($89.6M), Cars ($72.2M), and Pesticides ($69.3M). During the last 25 years the exports of Brazil to Paraguay have increased at an annualized rate of 2.11%, from $1.3B in 1995 to $2.19B in 2020.

Paraguay Exports

#permalink to section

Brazil Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Paraguay
Top Destination
: Brazil, $3.02B

Brazil
Top Destination
: China, $67.9B

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 2019, countries that imported more from Brazil than Paraguay were China ($67.9B), United States ($21.9B), and Netherlands ($6.7B).

Comparative Advantage Paraguay - Brazil

#permalink to section
Flow

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

During 2020, Paraguay had a large net trade with Brazil in the exports of Mineral Products ($1.44B), Vegetable Products ($678M), and Textiles ($198M).

During 2020, Brazil had a large net trade with Paraguay in the exports of Machines ($407M), Chemical Products ($348M), and Foodstuffs ($282M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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.