2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
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 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 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

France-Paraguay Trade: In 2022, France exported $101M to Paraguay. The main products that France exported to Paraguay were Perfumes ($21.8M), Pesticides ($11.4M), and Vaccines, blood, antisera, toxins and cultures ($6.92M). Over the past 5 years the exports of France to Paraguay have increased at an annualized rate of 2.13%, from $91M in 2017 to $101M in 2022.

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

Paraguay-France Trade: In 2022, Paraguay exported $15.5M to France. The main products that Paraguay exported to France were Soybean Meal ($4.05M), Essential Oils ($3.34M), and Vaccines, blood, antisera, toxins and cultures ($1.69M). Over the past 5 years the exports of Paraguay to France have increased at an annualized rate of 0.62%,  from $15M in 2017 to $15.5M in 2022.

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

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). 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, France exported $101M to Paraguay. The main products exported from France to Paraguay were Perfumes ($21.8M), Pesticides ($11.4M), and Vaccines, blood, antisera, toxins and cultures ($6.92M). During the last 5 years the exports of France to Paraguay have increased at an annualized rate of 2.13%, from $91M in 2017 to $101M in 2022.

In 2017, Paraguay exported $15.5M to France. The main products exported from Paraguay to France were Soybean Meal ($4.05M), Essential Oils ($3.34M), and Vaccines, blood, antisera, toxins and cultures ($1.69M). During the last 5 years the exports of Paraguay to France have increased at an annualized rate of 0.62%, from $15M in 2022 to $15.5M in 2017.

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

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

Latest Data

Trade between France (Flag) and Paraguay (Flag)

France Exports

Paraguay Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from France than Paraguay included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

In 2022, countries that imported more from Paraguay than France included Argentina ($1.91B) and Bolivia ($97M).

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

Comparative Advantage France - Paraguay

Flow
Scale

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

During 2022, France had a large net trade with Paraguay in the exports of Chemical Products ($54.3M), Machines ($12.3M), and Transportation ($11.3M).

During 2017, Paraguay had a large net trade with France in the exports of Foodstuffs ($6.12M), Chemical Products ($5.04M), and Animal Products ($1.55M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Paraguay+$8.75MCars
Top Product Potential Paraguay France+$5.04MSoybean Meal

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 France and Paraguay. This means that a dot/product with the flag of France indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over France.

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

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