2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Paraguay-Republic of the Congo Trade: In 2022, Paraguay exported $4.8M to Republic of the Congo. The main products that Paraguay exported to Republic of the Congo were Edible Offal ($1.95M), Animal Organs ($1.07M), and Soybean Meal ($1.03M). Over the past 5 years the exports of Paraguay to Republic of the Congo have increased at an annualized rate of 24.3%, from $1.61M in 2017 to $4.8M in 2022.

In 2022, Paraguay did not export any services to Republic of the Congo.

Republic of the Congo-Paraguay In N/A, Republic of the Congo did not export any products to Paraguay.

In 2022, Republic of the Congo did not export any services to Paraguay.

Comparison: In 2022,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $4.8M to Republic of the Congo. The main products exported from Paraguay to Republic of the Congo were Edible Offal ($1.95M), Animal Organs ($1.07M), and Soybean Meal ($1.03M). During the last 5 years the exports of Paraguay to Republic of the Congo have increased at an annualized rate of 24.3%, from $1.61M in 2017 to $4.8M in 2022.

Republic of the Congo does not register exports to Paraguay.

Exports from Paraguay (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and Republic of the Congo (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Republic of the Congo
Top Destination
China$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Paraguay included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - Republic of the Congo

Flow
Scale

This chart compares trade between Paraguay and Republic of the Congo by product, considering products traded by both, Paraguay and Republic of the Congo.

During 2022, Paraguay had a large net trade with Republic of the Congo in the exports of Animal Products ($3.77M) and Foodstuffs ($1.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Republic of the Congo+$294kFrozen Bovine Meat
Top Product Potential Republic of the Congo Paraguay+$2.52kRefined Petroleum

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

Product Space of Paraguay (Flag) and Republic of the Congo (Flag) (2022)

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