2022
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GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%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 
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%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

United States-Paraguay In 2022, United States exported $1.7B to Paraguay. The main products that United States exported to Paraguay are Refined Petroleum ($512M), Broadcasting Equipment ($412M), and Computers ($90.8M). During the last 27 years the exports of United States to Paraguay have increased at an annualized rate of 3.44%, from $684M in 1995 to $1.7B in 2022.

In 2022, United States did not export any services to Paraguay.

Paraguay-United States In 2022, Paraguay exported $265M to United States. The main products that Paraguay exported to United States were Other Oily Seeds ($35.3M), Raw Sugar ($33.5M), and Other Leather Articles ($28.6M). During the last 27 years the exports of Paraguay to United States have increased at an annualized rate of 5.12%, from $68.8M in 1995 to $265M in 2022.

In 2022, Paraguay did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

COMPANIES In 2023, leading companies such as GIVAUDAN FRAGRANCES CORPORATION (5) were at the forefront of exporting goods from Paraguay to the United States. Conversely, WILHELM S.A.C.I.A.G. (2), ALEMAN PARAGUAYO CANADIENSE S. A. (1), and NELIXIA PARAGUAY S.A (1) were notable for importing Paraguay products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $1.7B to Paraguay. The main products exported from United States to Paraguay were Refined Petroleum ($512M), Broadcasting Equipment ($412M), and Computers ($90.8M). During the last 27 years the exports of United States to Paraguay have increased at an annualized rate of 3.44%, from $684M in 1995 to $1.7B in 2022.

In 2022, Paraguay exported $265M to United States. The main products exported from Paraguay to United States were Other Oily Seeds ($35.3M), Raw Sugar ($33.5M), and Other Leather Articles ($28.6M). During the last 27 years the exports of Paraguay to United States have increased at an annualized rate of 5.12%, from $68.8M in 1995 to $265M in 2022.

Exports from United States (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from United States than Paraguay were Canada ($308B), Mexico ($294B), and China ($151B).

In 2019, no countries were registered that imported more from Paraguay than from United States.

Difference in imports from Paraguay (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Paraguay

Flow
Scale

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

During 2022, United States had a large net trade with Paraguay in the exports of Machines ($752M), Mineral Products ($523M), and Chemical Products ($172M).

During 2022, Paraguay had a large net trade with United States in the exports of Foodstuffs ($58.3M), Vegetable Products ($46.3M), and Animal Hides ($35.3M).

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 United States has comparative advantage over Paraguay. Similarly, the more yellow a dot/product is, the more Paraguay has comparative advantage over United States.

Product Space of United States (Flag) and Paraguay (Flag) (2022)

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