2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

In N/A, Bhutan did not export any services to Paraguay.

Paraguay-Bhutan In N/A, Paraguay did not export any products to Bhutan.

In N/A, Paraguay did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. 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

Bhutan does not register exports to Paraguay. The main products exported from Bhutan to Paraguay were Electrical Lighting and Signalling Equipment ($118), Motor vehicles; parts and accessories (8701 to 8705) ($104), and Rubber Pipes ($23).

Paraguay does not register exports to Bhutan.

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

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

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Bhutan than Paraguay included India ($343M), Malawi ($109k), and Zambia ($6.34k).

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

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

Comparative Advantage Bhutan - Paraguay

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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