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Paraguay-Nicaragua Trade: In 2023, Paraguay exported $1.08M to Nicaragua. The main products that Paraguay exported to Nicaragua were Packaged Medicaments ($690k), Starches ($130k), and Pesticides ($85k). Over the past 5 years the exports of Paraguay to Nicaragua have increased at an annualized rate of 0.069%, from $1.08M in 2018 to $1.08M in 2023.
In 2023, Paraguay did not export any services to Nicaragua.
Nicaragua-Paraguay Trade: In 2023, Nicaragua exported $194k to Paraguay. The main products that Nicaragua exported to Paraguay were Rolled Tobacco ($51k), Hard Liquor ($43.7k), and Knit Men's Suits ($25.9k). Over the past 5 years the exports of Nicaragua to Paraguay have increased at an annualized rate of 4.3%, from $157k in 2018 to $194k in 2023.
In 2023, Nicaragua did not export any services to Paraguay.
Comparison: In 2023, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B). That same year, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).
