Paraguay (PRY) and Guyana (GUY) Trade | The Observatory of Economic Complexity

About

Paraguay-Guyana Trade: In 2022, Paraguay exported $3.4M to Guyana. The main products that Paraguay exported to Guyana were Centrifuges ($509k), Other Iron Products ($424k), and Tractors ($326k). Over the past 20 years the exports of Paraguay to Guyana have increased at an annualized rate of 41%, from $3.53k in 2002 to $3.4M in 2022.

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

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

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), 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 $3.4M to Guyana. The main products exported from Paraguay to Guyana were Centrifuges ($509k), Other Iron Products ($424k), and Tractors ($326k). During the last 20 years the exports of Paraguay to Guyana have increased at an annualized rate of 41%, from $3.53k in 2002 to $3.4M in 2022.

Guyana does not register exports to Paraguay. The main products exported from Guyana to Paraguay were Harvesting Machinery ($1.11k), Engine Parts ($74), and Other Plastic Products ($3).

Exports from Paraguay () to Guyana () (2022)

Exports from Guyana () to Paraguay () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Guyana
Top DestinationPanama$5.84B

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

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

In 2022, countries that imported more from Guyana than Paraguay included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Paraguay - Guyana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Guyana in the exports of Machines ($1.65M), Metals ($665k), and Transportation ($643k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Guyana () (2022)

Exports from Guyana () to Paraguay () (2022)

Market Competitiveness

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

Comparative Advantage Paraguay - Guyana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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