2022
Flag  
GDP
$41.7BCURRENT US$
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2012-2022
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GDP GROWTH
25.3%CURRENT US$
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2022
Flag
 GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$6,153CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
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2022
Flag
GDP PC
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Paraguay-Singapore In 2022, Paraguay exported $73.9M to Singapore. The main products that Paraguay exported to Singapore are Alcohol > 80% ABV ($69.7M), Frozen Bovine Meat ($1.18M), and Essential Oils ($1.1M). During the last 27 years the exports of Paraguay to Singapore have increased at an annualized rate of 22.8%, from $287k in 1995 to $73.9M in 2022.

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

Singapore-Paraguay In 2022, Singapore exported $365M to Paraguay. The main products that Singapore exported to Paraguay were Refined Petroleum ($343M), Air Conditioners ($5.13M), and Polyacetals ($2.06M). During the last 27 years the exports of Singapore to Paraguay have increased at an annualized rate of 8.28%, from $42.6M in 1995 to $365M in 2022.

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

Comparison In 2022,  Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B). That same year, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $73.9M to Singapore. The main products exported from Paraguay to Singapore were Alcohol > 80% ABV ($69.7M), Frozen Bovine Meat ($1.18M), and Essential Oils ($1.1M). During the last 27 years the exports of Paraguay to Singapore have increased at an annualized rate of 22.8%, from $287k in 1995 to $73.9M in 2022.

In 2022, Singapore exported $365M to Paraguay. The main products exported from Singapore to Paraguay were Refined Petroleum ($343M), Air Conditioners ($5.13M), and Polyacetals ($2.06M). During the last 27 years the exports of Singapore to Paraguay have increased at an annualized rate of 8.28%, from $42.6M in 1995 to $365M in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and Singapore (Flag)

Paraguay Exports

Singapore Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Paraguay than Singapore were Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

In 2021, countries that imported more from Singapore than Paraguay were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Paraguay - Singapore

Flow
Scale

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

During 2022, Paraguay had a large net trade with Singapore in the exports of Foodstuffs ($69.7M), Animal Products ($1.94M), and Chemical Products ($1.1M).

During 2022, Singapore had a large net trade with Paraguay in the exports of Mineral Products ($344M), Machines ($11.9M), and Chemical Products ($3.18M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Paraguay has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Paraguay.

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

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