2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Paraguay-Netherlands Trade: In 2022, Paraguay exported $88.8M to Netherlands. The main products that Paraguay exported to Netherlands were Alcohol > 80% ABV ($27.6M), Other Oily Seeds ($17.4M), and Soybean Meal ($12.9M). Over the past 5 years the exports of Paraguay to Netherlands have increased at an annualized rate of 0.56%, from $86.4M in 2017 to $88.8M in 2022.

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

Netherlands-Paraguay Trade: In 2022, Netherlands exported $127M to Paraguay. The main products that Netherlands exported to Paraguay were Refined Petroleum ($41.7M), Beer ($33.7M), and Tractors ($5.46M). Over the past 5 years the exports of Netherlands to Paraguay have decreased at an annualized rate of 14.9%,  from $333M in 2017 to $127M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $88.8M to Netherlands. The main products exported from Paraguay to Netherlands were Alcohol > 80% ABV ($27.6M), Other Oily Seeds ($17.4M), and Soybean Meal ($12.9M). During the last 5 years the exports of Paraguay to Netherlands have increased at an annualized rate of 0.56%, from $86.4M in 2017 to $88.8M in 2022.

In 2017, Netherlands exported $127M to Paraguay. The main products exported from Netherlands to Paraguay were Refined Petroleum ($41.7M), Beer ($33.7M), and Tractors ($5.46M). During the last 5 years the exports of Netherlands to Paraguay have decreased at an annualized rate of 14.9%, from $333M in 2022 to $127M in 2017.

Exports from Paraguay (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and Netherlands (Flag)

Paraguay Exports

Netherlands Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Paraguay than Netherlands included Argentina ($1.91B), Chile ($1.16B), and Uruguay ($203M).

In 2022, countries that imported more from Netherlands than Paraguay included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - Netherlands

Flow
Scale

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

During 2022, Paraguay had a large net trade with Netherlands in the exports of Foodstuffs ($47.3M), Vegetable Products ($20.4M), and Animal Products ($11.8M).

During 2017, Netherlands had a large net trade with Paraguay in the exports of Mineral Products ($41.9M), Foodstuffs ($41.8M), and Machines ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Netherlands+$6.79MBovine Meat
Top Product Potential Netherlands Paraguay+$32.2MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Paraguay (Flag) and Netherlands (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with