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2023
Flag → Flag
Exports $20.8MRnk 112 / 211
2023
Flag → Flag
Top Product $13MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $31.1MRnk 28 / 153
2023
Flag → Flag
Top Product $28.9MSoybean Meal
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC$6,276CURRENT US$
Rnk 111 / 196
2013-2023
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GDP PC GROWTH-2.48%CURRENT US$
Rnk 157 / 195

About

Ireland-Paraguay Trade: In 2023, Ireland exported $20.8M to Paraguay. The main products that Ireland exported to Paraguay were Vaccines, blood, antisera, toxins and cultures ($13M), Other Plastic Products ($2.85M), and Packaged Medicaments ($1M). Over the past 5 years the exports of Ireland to Paraguay have increased at an annualized rate of 23.4%, from $7.29M in 2018 to $20.8M in 2023.

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

Paraguay-Ireland Trade: In 2023, Paraguay exported $31.1M to Ireland. The main products that Paraguay exported to Ireland were Soybean Meal ($28.9M), Planes, Helicopters, and/or Spacecraft ($1.4M), and Other Oily Seeds ($341k). Over the past 5 years the exports of Paraguay to Ireland have increased at an annualized rate of 58.8%,  from $3.09M in 2018 to $31.1M in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Paraguay, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Paraguay were . In N/A the top imports of Ireland from Paraguay were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Paraguay was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Paraguay was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Paraguay and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Paraguay and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $20.8M to Paraguay. The main products exported from Ireland to Paraguay were Vaccines, blood, antisera, toxins and cultures ($13M), Other Plastic Products ($2.85M), and Packaged Medicaments ($1M). During the last 5 years the exports of Ireland to Paraguay have increased at an annualized rate of 23.4%, from $7.29M in 2018 to $20.8M in 2023.

In 2018, Paraguay exported $31.1M to Ireland. The main products exported from Paraguay to Ireland were Soybean Meal ($28.9M), Planes, Helicopters, and/or Spacecraft ($1.4M), and Other Oily Seeds ($341k). During the last 5 years the exports of Paraguay to Ireland have increased at an annualized rate of 58.8%, from $3.09M in 2023 to $31.1M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Ireland than Paraguay included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Paraguay

Flow
Scale

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

During 2023, Ireland had a large net trade with Paraguay in the exports of Chemical Products ($14.4M), Plastics and Rubbers ($3.17M), and Instruments ($1.45M).

During 2018, Paraguay had a large net trade with Ireland in the exports of Foodstuffs ($29.2M), Transportation ($1.4M), and Vegetable Products ($380k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Paraguay+$5.78MVaccines, blood, antisera, toxins and cultures
Top Product Potential Paraguay Ireland+$158kVaccines, blood, antisera, toxins and cultures

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

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

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