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2022
Flag → Flag
Exports $191MRnk 99 / 219
2022
Flag → Flag
Top Product $176MRefined Petroleum
2022
Flag → Flag
Exports $41.3MRnk 27 / 158
2022
Flag → Flag
Top Product $19.6MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

United Arab Emirates-Paraguay Trade: In 2022, United Arab Emirates exported $191M to Paraguay. The main products that United Arab Emirates exported to Paraguay were Refined Petroleum ($176M), Float Glass ($4.34M), and Flat Flat-Rolled Steel ($1.94M). Over the past 5 years the exports of United Arab Emirates to Paraguay have increased at an annualized rate of 21.8%, from $71.3M in 2017 to $191M in 2022.

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

Paraguay-United Arab Emirates Trade: In 2022, Paraguay exported $41.3M to United Arab Emirates. The main products that Paraguay exported to United Arab Emirates were Soybean Meal ($19.6M), Corn ($11.4M), and Soybeans ($3.4M). Over the past 5 years the exports of Paraguay to United Arab Emirates have increased at an annualized rate of 0.46%,  from $40.2M in 2017 to $41.3M in 2022.

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

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $191M to Paraguay. The main products exported from United Arab Emirates to Paraguay were Refined Petroleum ($176M), Float Glass ($4.34M), and Flat Flat-Rolled Steel ($1.94M). During the last 5 years the exports of United Arab Emirates to Paraguay have increased at an annualized rate of 21.8%, from $71.3M in 2017 to $191M in 2022.

In 2017, Paraguay exported $41.3M to United Arab Emirates. The main products exported from Paraguay to United Arab Emirates were Soybean Meal ($19.6M), Corn ($11.4M), and Soybeans ($3.4M). During the last 5 years the exports of Paraguay to United Arab Emirates have increased at an annualized rate of 0.46%, from $40.2M in 2022 to $41.3M in 2017.

Exports from United Arab Emirates (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Paraguay (Flag)

United Arab Emirates Exports

Paraguay Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from United Arab Emirates than Paraguay included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Paraguay than United Arab Emirates included Chile ($1.16B), Argentina ($1.91B), and Brazil ($3.67B).

Difference in imports from Paraguay (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Paraguay

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Paraguay in the exports of Mineral Products ($176M), Stone And Glass ($4.55M), and Metals ($3.03M).

During 2017, Paraguay had a large net trade with United Arab Emirates in the exports of Foodstuffs ($19.9M), Vegetable Products ($16.8M), and Precious Metals ($1.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Paraguay+$4.88MRefined Petroleum
Top Product Potential Paraguay United Arab Emirates+$1.93MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Paraguay (Flag) (2022)

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