2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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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 PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%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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About

Finland-Paraguay In 2022, Finland exported $15.7M to Paraguay. The main products that Finland exported to Paraguay are Kaolin Coated Paper ($11.5M), Plywood ($647k), and Propylene Polymers ($488k). During the last 27 years the exports of Finland to Paraguay have increased at an annualized rate of 11.5%, from $823k in 1995 to $15.7M in 2022.

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

Paraguay-Finland In 2022, Paraguay exported $6.73M to Finland. The main products that Paraguay exported to Finland were Alcohol > 80% ABV ($6.42M), Other Oily Seeds ($225k), and Wood Charcoal ($46.2k). During the last 27 years the exports of Paraguay to Finland have increased at an annualized rate of 7.9%, from $863k in 1995 to $6.73M in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $15.7M to Paraguay. The main products exported from Finland to Paraguay were Kaolin Coated Paper ($11.5M), Plywood ($647k), and Propylene Polymers ($488k). During the last 27 years the exports of Finland to Paraguay have increased at an annualized rate of 11.5%, from $823k in 1995 to $15.7M in 2022.

In 2022, Paraguay exported $6.73M to Finland. The main products exported from Paraguay to Finland were Alcohol > 80% ABV ($6.42M), Other Oily Seeds ($225k), and Wood Charcoal ($46.2k). During the last 27 years the exports of Paraguay to Finland have increased at an annualized rate of 7.9%, from $863k in 1995 to $6.73M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Paraguay (Flag)

Finland Exports

Paraguay Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Paraguay
Top Destination
Brazil$3.67B

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

In 2021, countries that imported more from Finland than Paraguay were Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2021, countries that imported more from Paraguay than Finland were Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Finland - Paraguay

Flow
Scale

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

During 2022, Finland had a large net trade with Paraguay in the exports of Paper Goods ($11.5M), Plastics and Rubbers ($1.08M), and Machines ($869k).

During 2022, Paraguay had a large net trade with Finland in the exports of Foodstuffs ($6.43M), Vegetable Products ($226k), and Wood Products ($46.2k).

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

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

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