Haiti (HTI) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Haiti-Paraguay Trade: In 2023, Haiti exported $45.2k to Paraguay. The main products that Haiti exported to Paraguay were Polyacetals ($45.2k). Over the past 5 years the exports of Haiti to Paraguay have increased at an annualized rate of 54.8%, from $5.1k in 2018 to $45.2k in 2023.

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

Paraguay-Haiti Trade: In 2023, Paraguay exported $266k to Haiti. The main products that Paraguay exported to Haiti were Poultry Meat ($235k), Packaged Medicaments ($23.3k), and Pesticides ($6.63k). Over the past 5 years the exports of Paraguay to Haiti have decreased at an annualized rate of 27.1%, from $1.29M in 2018 to $266k in 2023.

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

Comparison In 2023, Haiti ranked 162 in total exports ($1.03B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Haiti exported $45.2k to Paraguay. The main products exported from Haiti to Paraguay were Polyacetals ($45.2k). During the last 5 years the exports of Haiti to Paraguay have increased at an annualized rate of 54.8%, from $5.1k in 2018 to $45.2k in 2023.

In 2018, Paraguay exported $266k to Haiti. The main products exported from Paraguay to Haiti were Poultry Meat ($235k), Packaged Medicaments ($23.3k), and Pesticides ($6.63k). During the last 5 years the exports of Paraguay to Haiti have decreased at an annualized rate of 27.1%, from $1.29M in 2023 to $266k in 2018.

Exports from Haiti () to Paraguay () (2023)

Exports from Paraguay () to Haiti () (2023)

Latest Data

Trade between Haiti () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Haiti
Top DestinationUnited States$844M

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Haiti than Paraguay included United States ($844M), Canada ($36.4M), and Dominican Republic ($14.9M).

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

Difference in imports from Paraguay () and Haiti () (2023)

Comparative Advantage Haiti - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Haiti had a large net trade with Paraguay in the exports of Plastics and Rubbers ($45.2k).

During 2018, Paraguay had a large net trade with Haiti in the exports of Animal Products ($235k) and Chemical Products ($30.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Haiti Paraguay+$7.38kKnit Men's Undergarments

Top Product Potential Paraguay Haiti+$58.1kPoultry Meat

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Haiti () to Paraguay () (2023)

Exports from Paraguay () to Haiti () (2023)

Latest Data

Trade between Haiti () and Paraguay ()

Paraguay Exports

Market Competitiveness

Difference in imports from Paraguay () and Haiti () (2023)

Comparative Advantage Haiti - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Haiti () and Paraguay () (2023)

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