2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

Brunei-Paraguay Trade: In 2023, Brunei exported $233 to Paraguay. The main products that Brunei exported to Paraguay were Knitted Hats ($215) and Harvesting Machinery ($18). Over the past 16 years the exports of Brunei to Paraguay have increased at an annualized rate of 4.23%, from $120 in 2007 to $233 in 2023.

In 2023, Brunei did not export any services to Paraguay.

Paraguay-Brunei Trade: In 2023, Paraguay exported $1.11k to Brunei. The main products that Paraguay exported to Brunei were Non-Knit Women's Suits ($1.02k) and Knit Women's Suits ($90). Over the past 16 years the exports of Paraguay to Brunei have increased at an annualized rate of 30.6%,  from $293 in 2007 to $1.11k in 2023.

In 2023, Paraguay did not export any services to Brunei.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $233 to Paraguay. The main products exported from Brunei to Paraguay were Knitted Hats ($215) and Harvesting Machinery ($18). During the last 16 years the exports of Brunei to Paraguay have increased at an annualized rate of 4.23%, from $120 in 2007 to $233 in 2023.

In 2018, Paraguay exported $1.11k to Brunei. The main products exported from Paraguay to Brunei were Non-Knit Women's Suits ($1.02k) and Knit Women's Suits ($90). During the last 5 years the exports of Paraguay to Brunei have increased at an annualized rate of 30.6%, from $293 in 2023 to $1.11k in 2018.

Exports from Brunei (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Brunei (Flag) (2023)

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Paraguay
Top Destination
Argentina$4B

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

In 2023, countries that imported more from Brunei than Paraguay included Australia ($2.25B), China ($1.84B), and Japan ($1.86B).

In 2023, countries that imported more from Paraguay than Brunei included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Paraguay

Flow
Scale

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

During 2023, Brunei had a large net trade with Paraguay in the exports of Footwear and Headwear ($215) and Machines ($18).

During 2018, Paraguay had a large net trade with Brunei in the exports of Textiles ($1.11k).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Paraguay (Flag) (2023)

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