2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 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

Iran-Paraguay Trade: In 2021, Iran exported $119k to Paraguay. The main products that Iran exported to Paraguay were N/A. Over the past 5 years the exports of Iran to Paraguay have decreased at an annualized rate of 24.1%, from $471k in 2016 to $119k in 2021.

In 2021, Iran did not export any services to Paraguay.

Paraguay-Iran Trade: In 2021, Paraguay exported $25.6k to Iran. The main products that Paraguay exported to Iran were Rice ($25.6k). Over the past 5 years the exports of Paraguay to Iran have decreased at an annualized rate of 71.1%,  from $43.9M in 2016 to $25.6k in 2021.

In 2021, Paraguay did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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 2021, Iran exported $119k to Paraguay. There were not main exports from Iran to Paraguay in 2021. During the last 5 years the exports of Iran to Paraguay have decreased at an annualized rate of 24.1%, from $471k in 2016 to $119k in 2021.

In 2017, Paraguay exported $25.6k to Iran. The main products exported from Paraguay to Iran were Rice ($25.6k). During the last 5 years the exports of Paraguay to Iran have decreased at an annualized rate of 71.1%, from $43.9M in 2022 to $25.6k in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Iran than Paraguay included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Paraguay than Iran included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Iran - Paraguay

Flow
Scale

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

During 2021, Iran had a large net trade with Paraguay in the exports of .

During 2017, Paraguay had a large net trade with Iran in the exports of Vegetable Products ($25.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Paraguay+$3.1kRefined Petroleum
Top Product Potential Paraguay Iran+$165kRice

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

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

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