2023
Flag  
GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 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 
$9,833CURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 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

Dominica-Paraguay Trade: In 2023, Dominica exported $101k to Paraguay. The main products that Dominica exported to Paraguay were Cars ($65.2k), Candles ($34k), and Plastic Lids ($1.48k). Over the past 6 years the exports of Dominica to Paraguay have decreased at an annualized rate of 32.4%, from $1.05M in 2017 to $101k in 2023.

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

Paraguay-Dominica Trade: In 2023, Paraguay exported $32k to Dominica. The main products that Paraguay exported to Dominica were Vaccines, blood, antisera, toxins and cultures ($25.1k), High-voltage Protection Equipment ($6.62k), and Wine ($306). Over the past 6 years the exports of Paraguay to Dominica have increased at an annualized rate of 20.5%,  from $6k in 2017 to $32k in 2023.

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

Comparison In 2023,  Dominica ranked 205 in total exports ($47.6M), 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, Dominica exported $101k to Paraguay. The main products exported from Dominica to Paraguay were Cars ($65.2k), Candles ($34k), and Plastic Lids ($1.48k). During the last 6 years the exports of Dominica to Paraguay have decreased at an annualized rate of 32.4%, from $1.05M in 2017 to $101k in 2023.

In 2018, Paraguay exported $32k to Dominica. The main products exported from Paraguay to Dominica were Vaccines, blood, antisera, toxins and cultures ($25.1k), High-voltage Protection Equipment ($6.62k), and Wine ($306). During the last 5 years the exports of Paraguay to Dominica have increased at an annualized rate of 20.5%, from $6k in 2023 to $32k in 2018.

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

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

Latest Data

Trade between Dominica (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Dominica
Top Destination
Bahamas$6.11M
Paraguay
Top Destination
Argentina$4B

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

In 2023, countries that imported more from Dominica than Paraguay included Bahamas ($6.11M), Iceland ($4.72M), and Antigua and Barbuda ($3.42M).

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

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

Comparative Advantage Dominica - Paraguay

Flow
Scale

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

During 2023, Dominica had a large net trade with Paraguay in the exports of Transportation ($65.2k), Chemical Products ($34k), and Plastics and Rubbers ($1.48k).

During 2018, Paraguay had a large net trade with Dominica in the exports of Chemical Products ($25.1k), Machines ($6.62k), and Foodstuffs ($306).

Economic Complexity

Competitive Landscape

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

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

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