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
$71.2BCURRENT US$
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2012-2022
Flag
GDP GROWTH
31.2%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
$20,795CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
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About

Paraguay-Uruguay Trade: In 2022, Paraguay exported $220M to Uruguay. The main products that Paraguay exported to Uruguay were Corn ($37.2M), Bovine Meat ($35.1M), and Soybeans ($19.4M). Over the past 5 years the exports of Paraguay to Uruguay have increased at an annualized rate of 42.8%, from $36.9M in 2017 to $220M in 2022.

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

Uruguay-Paraguay Trade: In 2022, Uruguay exported $124M to Paraguay. The main products that Uruguay exported to Paraguay were Malt ($23.2M), Pesticides ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($10.8M). Over the past 5 years the exports of Uruguay to Paraguay have increased at an annualized rate of 26.1%,  from $39M in 2017 to $124M in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $220M to Uruguay. The main products exported from Paraguay to Uruguay were Corn ($37.2M), Bovine Meat ($35.1M), and Soybeans ($19.4M). During the last 5 years the exports of Paraguay to Uruguay have increased at an annualized rate of 42.8%, from $36.9M in 2017 to $220M in 2022.

In 2017, Uruguay exported $124M to Paraguay. The main products exported from Uruguay to Paraguay were Malt ($23.2M), Pesticides ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($10.8M). During the last 22 years the exports of Uruguay to Paraguay have increased at an annualized rate of 26.1%, from $39M in 1995 to $124M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Uruguay (Flag)

Paraguay Exports

Uruguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Uruguay
Top Destination
China$2.89B

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

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

In 2022, countries that imported more from Uruguay than Paraguay included China ($2.89B), United States ($818M), and Netherlands ($587M).

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

Comparative Advantage Paraguay - Uruguay

Flow
Scale

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

During 2022, Paraguay had a large net trade with Uruguay in the exports of Vegetable Products ($62M), Animal Products ($47.6M), and Foodstuffs ($39.7M).

During 2017, Uruguay had a large net trade with Paraguay in the exports of Chemical Products ($59.9M), Vegetable Products ($24.4M), and Mineral Products ($10.9M).

Economic Complexity

Competitive Landscape

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

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

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