Overview In 2019 Paraguay was the number 95 economy in the world in terms of GDP (current US$), the number 100 in total exports, the number 99 in total imports,
the number 102 economy in terms of GDP per capita (current US$) and the number 88 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Paraguay are Soybeans ($1.58B), Electricity ($1.57B), Soybean Meal ($692M), Frozen Bovine Meat ($557M), and Bovine Meat ($468M), exporting mostly to Brazil ($2.53B), Argentina ($1.74B), Chile ($624M), Russia ($607M), and United States ($189M).
Imports The top imports of Paraguay are Broadcasting Equipment ($1.52B), Cars ($401M), Pesticides ($389M), Refined Petroleum ($374M), and Rubber Tires ($199M), importing mostly from Brazil ($2.5B), United States ($2.3B), China ($1.8B), Argentina ($1.07B), and Chile ($481M).
Location Paraguay borders Argentina, Bolivia, and Brazil by land.