Paraguay (PRY) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Paraguay-Gambia Trade: In 2022, Paraguay exported $691k to Gambia. The main products that Paraguay exported to Gambia were Rice ($691k). Over the past 5 years the exports of Paraguay to Gambia have decreased at an annualized rate of 32.1%, from $4.78M in 2017 to $691k in 2022.

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

Gambia-Paraguay In N/A, Gambia did not export any products to Paraguay.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $691k to Gambia. The main products exported from Paraguay to Gambia were Rice ($691k). During the last 5 years the exports of Paraguay to Gambia have decreased at an annualized rate of 32.1%, from $4.78M in 2017 to $691k in 2022.

Gambia does not register exports to Paraguay. The main products exported from Gambia to Paraguay were Bovine Meat ($416) and Centrifuges ($59).

Exports from Paraguay () to Gambia () (2022)

Exports from Gambia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Gambia ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Gambia
Top DestinationIndia$52.9M

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

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

In 2022, countries that imported more from Gambia than Paraguay included China ($38.7M), Mauritania ($324k), and Burkina Faso ($48.3k).

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

Comparative Advantage Paraguay - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Gambia in the exports of Vegetable Products ($691k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Gambia+$157kRice

Top Product Potential Gambia Paraguay+$1.38kRefined 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 Gambia. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over Gambia. Similarly, a dot/product with the flag of Gambia indicates it has a comparative advantage over Paraguay.

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Gambia () (2022)

Exports from Gambia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Gambia ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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