GDP$21.2BCURRENT US$Rnk 112 / 186 GDP GROWTH178%CURRENT US$Rnk 4 / 186
GDP$41.7BCURRENT US$Rnk 96 / 186 GDP GROWTH25.3%CURRENT US$Rnk 110 / 186 GDP PC $1,532CURRENT US$Rnk 157 / 186GDP PC GROWTH116%CURRENT US$Rnk 6 / 186GDP PC$6,153CURRENT US$Rnk 102 / 186GDP PC GROWTH9.46%CURRENT US$Rnk 120 / 186In N/A, Guinea did not export any services to Paraguay.
Paraguay-Guinea In N/A, Paraguay did not export any products to Guinea.
In N/A, Paraguay did not export any services to Guinea.
Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).
This map shows whether countries import more from Guinea or Paraguay. Each country is colored based on the difference in imports they receive from Guinea and Paraguay or the difference in the growth in imports.
In 2022, countries that imported more from Guinea than Paraguay included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).
In 2022, countries that imported more from Paraguay than Guinea included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).
) and Guinea () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Guinea and Paraguay. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Guinea.
) and Paraguay () (2022)
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