2022
Flag  
GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 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
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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2022
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GDP PC
$6,153CURRENT US$
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2012-2022
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GDP PC GROWTH
9.46%CURRENT US$
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About

Saudi Arabia-Paraguay Trade: In 2022, Saudi Arabia exported $31.1M to Paraguay. The main products that Saudi Arabia exported to Paraguay were Propylene Polymers ($14.4M), Refined Petroleum ($13.1M), and Flat Flat-Rolled Steel ($1.68M). Over the past 5 years the exports of Saudi Arabia to Paraguay have increased at an annualized rate of 9.37%, from $19.8M in 2017 to $31.1M in 2022.

In 2022, Saudi Arabia did not export any services to Paraguay.

Paraguay-Saudi Arabia Trade: In 2022, Paraguay exported $61.5M to Saudi Arabia. The main products that Paraguay exported to Saudi Arabia were N/A. Over the past 5 years the exports of Paraguay to Saudi Arabia have increased at an annualized rate of 12.6%,  from $34M in 2017 to $61.5M in 2022.

In 2022, Paraguay did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $31.1M to Paraguay. The main products exported from Saudi Arabia to Paraguay were Propylene Polymers ($14.4M), Refined Petroleum ($13.1M), and Flat Flat-Rolled Steel ($1.68M). During the last 5 years the exports of Saudi Arabia to Paraguay have increased at an annualized rate of 9.37%, from $19.8M in 2017 to $31.1M in 2022.

In 2017, Paraguay exported $61.5M to Saudi Arabia. There were not main exports from Paraguay to Saudi Arabia in 2017. During the last 5 years the exports of Paraguay to Saudi Arabia have increased at an annualized rate of 12.6%, from $34M in 2022 to $61.5M in 2017.

Exports from Saudi Arabia (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Paraguay (Flag)

Saudi Arabia Exports

Paraguay Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Saudi Arabia than Paraguay included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Paraguay than Saudi Arabia included Chile ($1.16B), Argentina ($1.91B), and Russia ($356M).

Difference in imports from Paraguay (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Paraguay

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Paraguay in the exports of Plastics and Rubbers ($15.8M), Mineral Products ($13.1M), and Metals ($1.68M).

During 2017, Paraguay had a large net trade with Saudi Arabia in the exports of Vegetable Products ($48.6M), Animal Products ($6.65M), and Wood Products ($6.12M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Paraguay (Flag) (2022)

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