2022
Flag  
GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Qatar-Paraguay Trade: In 2022, Qatar exported $470k to Paraguay. The main products that Qatar exported to Paraguay were Medical Instruments ($278k), Ethylene Polymers ($116k), and Sodium or Potassium Peroxides ($72.1k). Over the past 5 years the exports of Qatar to Paraguay have decreased at an annualized rate of 4.93%, from $605k in 2017 to $470k in 2022.

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

Paraguay-Qatar Trade: In 2022, Paraguay exported $2.61M to Qatar. The main products that Paraguay exported to Qatar were Frozen Bovine Meat ($1.53M), Bovine Meat ($643k), and Concentrated Milk ($202k). Over the past 5 years the exports of Paraguay to Qatar have increased at an annualized rate of 5%,  from $1.52M in 2017 to $2.61M in 2022.

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

Comparison: In 2022,  Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Qatar exported $470k to Paraguay. The main products exported from Qatar to Paraguay were Medical Instruments ($278k), Ethylene Polymers ($116k), and Sodium or Potassium Peroxides ($72.1k). During the last 5 years the exports of Qatar to Paraguay have decreased at an annualized rate of 4.93%, from $605k in 2017 to $470k in 2022.

In 2017, Paraguay exported $2.61M to Qatar. The main products exported from Paraguay to Qatar were Frozen Bovine Meat ($1.53M), Bovine Meat ($643k), and Concentrated Milk ($202k). During the last 5 years the exports of Paraguay to Qatar have increased at an annualized rate of 5%, from $1.52M in 2022 to $2.61M in 2017.

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

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

Latest Data

Trade between Qatar (Flag) and Paraguay (Flag)

Qatar Exports

Paraguay Exports

Market Competitiveness

Color
Qatar
Top Destination
China$21.1B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Qatar than Paraguay included China ($21.1B), India ($17.4B), and Japan ($12B).

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

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

Comparative Advantage Qatar - Paraguay

Flow
Scale

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

During 2022, Qatar had a large net trade with Paraguay in the exports of Instruments ($281k), Plastics and Rubbers ($116k), and Chemical Products ($72.1k).

During 2017, Paraguay had a large net trade with Qatar in the exports of Animal Products ($2.54M), Chemical Products ($39.1k), and Vegetable Products ($28k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Qatar Paraguay+$226kEthylene Polymers
Top Product Potential Paraguay Qatar+$920kBovine Meat

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.

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Economic Complexity

Competitive Landscape

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

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

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