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
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%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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2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
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About

Paraguay-China In 2022, Paraguay exported $33.5M to China. The main products that Paraguay exported to China are Tanned Equine and Bovine Hides ($12.2M), Scrap Copper ($6.78M), and Sawn Wood ($3.85M). During the last 27 years the exports of Paraguay to China have increased at an annualized rate of 1.11%, from $24.8M in 1995 to $33.5M in 2022.

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

China-Paraguay In 2022, China exported $4.23B to Paraguay. The main products that China exported to Paraguay were Broadcasting Equipment ($1.04B), Computers ($229M), and Rubber Tires ($227M). During the last 27 years the exports of China to Paraguay have increased at an annualized rate of 14.7%, from $106M in 1995 to $4.23B in 2022.

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

Comparison In 2022,  Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $33.5M to China. The main products exported from Paraguay to China were Tanned Equine and Bovine Hides ($12.2M), Scrap Copper ($6.78M), and Sawn Wood ($3.85M). During the last 27 years the exports of Paraguay to China have increased at an annualized rate of 1.11%, from $24.8M in 1995 to $33.5M in 2022.

In 2022, China exported $4.23B to Paraguay. The main products exported from China to Paraguay were Broadcasting Equipment ($1.04B), Computers ($229M), and Rubber Tires ($227M). During the last 27 years the exports of China to Paraguay have increased at an annualized rate of 14.7%, from $106M in 1995 to $4.23B in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and China (Flag)

Paraguay Exports

China Exports

Market Competitiveness

Color
Paraguay
Top Destination
N/AN/A
China
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Paraguay - China

Flow
Scale

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

During 2022, Paraguay had a large net trade with China in the exports of Animal Hides ($12.3M), Metals ($9M), and Wood Products ($7.48M).

During 2022, China had a large net trade with Paraguay in the exports of Machines ($2.34B), Chemical Products ($570M), and Plastics and Rubbers ($318M).

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

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

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