Flag United States / Paraguay Flag

2019
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Exports
: $2.3B, Rnk 59 / 218

2019
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Top Product
: $1.17B, Broadcasting Equipment

2019
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Exports
: $189M, Rnk 5 / 148

2019
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Top Product
: $29.8M, Corn

2019
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Economic Complexity (ECI)
: ECI 1.63, Rnk 10 / 157

2019
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Economic Complexity (ECI)
: ECI -0.39, Rnk 93 / 157

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $38.1B, CURRENT US$
Rnk 95 / 187

2009-2019
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GDP GROWTH
: 70.7%, CURRENT US$
Rnk 60 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC 
: $5,415, CURRENT US$
Rnk 102 / 187

2009-2019
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GDP PC GROWTH
: 49.4%, CURRENT US$
Rnk 58 / 187

United States-Paraguay: In 2019, United States exported $2.3B to Paraguay. The main products that United States exported to Paraguay are Broadcasting Equipment ($1.17B), Computers ($141M), and Office Machine Parts ($123M). During the last 24 years the exports of United States to Paraguay have increased at an annualized rate of 5.28%, from $668M in 1995 to $2.3B in 2019.

In 2019, United States did not exported services to Paraguay.

Paraguay-United States: In 2019, Paraguay exported $189M to United States . The main products that Paraguay exported to United States were Corn ($29.8M), Other Oily Seeds ($22.9M), and Other Leather Articles ($22.9M). During the last 24 years the exports of Paraguay to United States have increased at an annualized rate of 4.55%, from $65.1M in 1995 to $189M in 2019.

In 2019, Paraguay did not exported services to United States.

Comparison: In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.63), and 2 in total exports ($1.51T). That same year, Paraguay ranked 93 in the Economic Complexity Index (ECI -0.39), and 100 in total exports ($7.79B).

Bilateral Trade by Products

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Depth
Value

In 2019, United States exported $2.3B to Paraguay. The main products exported from United States to Paraguay were Broadcasting Equipment ($1.17B), Computers ($141M), and Office Machine Parts ($123M). During the last 24 years the exports of United States to Paraguay have increased at an annualized rate of 5.28%, from $668M in 1995 to $2.3B in 2019.

In 2019, Paraguay exported $189M to United States. The main products exported from Paraguay to United States were Corn ($29.8M), Other Oily Seeds ($22.9M), and Other Leather Articles ($22.9M). During the last 24 years the exports of Paraguay to United States have increased at an annualized rate of 4.55%, from $65.1M in 1995 to $189M in 2019.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Paraguay
Top Destination
: Brazil, $2.53B

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 2019, countries that imported more from United States than Paraguay were Canada ($252B), Mexico ($235B), and China ($103B).

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

Comparative Advantage United States - Paraguay

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Depth

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

During 2019, United States had a large net trade with Paraguay in the exports of Machines ($1.75B), Chemical Products ($130M), and Mineral Products ($113M).

During 2019, Paraguay had a large net trade with United States in the exports of Vegetable Products ($57.1M), Foodstuffs ($34.4M), and Animal Hides ($26.5M).

Tariff Section

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This section shows import tariffs for products traded between United States and Paraguay (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Paraguay were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from Paraguay that paid the highest import tariffs to enter United States were Aluminium sulphate (35%) and Containers nes, outer surface plastic or textile (35%).

Explore Tariff Data

*The tariffs present between United States and Paraguay are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
388: United States Generalized System of Preference
388: United States Generalized System of Preference

Economic Complexity

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Competitive Landscape

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