Paraguay (PRY) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Paraguay-Guinea Trade: In 2022, Paraguay exported $122k to Guinea. The main products that Paraguay exported to Guinea were Edible Offal ($71.3k) and Poultry Meat ($50.7k). Over the past 7 years the exports of Paraguay to Guinea have increased at an annualized rate of 6.27%, from $79.7k in 2015 to $122k in 2022.

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

Guinea-Paraguay In false, Guinea did not export any products to Paraguay.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $122k to Guinea. The main products exported from Paraguay to Guinea were Edible Offal ($71.3k) and Poultry Meat ($50.7k). During the last 7 years the exports of Paraguay to Guinea have increased at an annualized rate of 6.27%, from $79.7k in 2015 to $122k in 2022.

Guinea does not register exports to Paraguay.

Exports from Paraguay () to Guinea () (2022)

Exports from Guinea () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Guinea ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Guinea
Top DestinationChina$3.81B

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

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

In 2022, countries that imported more from Guinea than Paraguay included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

Difference in imports from Guinea () and Paraguay () (2022)

Comparative Advantage Paraguay - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Guinea in the exports of Animal Products ($122k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Guinea+$46.9kPoultry Meat

Top Product Potential Guinea Paraguay+$1.87kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Paraguay and Guinea. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Paraguay.

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Guinea () (2022)

Exports from Guinea () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Guinea ()

Paraguay Exports

Market Competitiveness

Difference in imports from Guinea () and Paraguay () (2022)

Comparative Advantage Paraguay - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Guinea () (2022)

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