2022
Flag  
GDP
$962MCURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 133 / 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 
$20,177CURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP PC GROWTH
16.7%CURRENT US$
Rnk 97 / 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

Saint Kitts and Nevis-Paraguay Trade: In 2022, Saint Kitts and Nevis exported $92.4k to Paraguay. The main products that Saint Kitts and Nevis exported to Paraguay were Low-voltage Protection Equipment ($83k) and Non-Knit Women's Suits ($9.41k). Over the past 10 years the exports of Saint Kitts and Nevis to Paraguay have increased at an annualized rate of 27.2%, from $8.33k in 2012 to $92.4k in 2022.

In 2022, Saint Kitts and Nevis did not export any services to Paraguay.

Paraguay-Saint Kitts and Nevis Trade: In 2022, Paraguay exported $851 to Saint Kitts and Nevis. The main products that Paraguay exported to Saint Kitts and Nevis were N/A. Over the past 10 years the exports of Paraguay to Saint Kitts and Nevis have increased at an annualized rate of 41.9%,  from $148 in 2012 to $851 in 2022.

In 2022, Paraguay did not export any services to Saint Kitts and Nevis.

Comparison In 2022,  Saint Kitts and Nevis ranked 203 in total exports ($43.7M), and does not have data regarding Economic Complexity Index. 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, Saint Kitts and Nevis exported $92.4k to Paraguay. The main products exported from Saint Kitts and Nevis to Paraguay were Low-voltage Protection Equipment ($83k) and Non-Knit Women's Suits ($9.41k). During the last 10 years the exports of Saint Kitts and Nevis to Paraguay have increased at an annualized rate of 27.2%, from $8.33k in 2012 to $92.4k in 2022.

In 2010, Paraguay exported $851 to Saint Kitts and Nevis. There were not main exports from Paraguay to Saint Kitts and Nevis in 2010. During the last 5 years the exports of Paraguay to Saint Kitts and Nevis have increased at an annualized rate of 41.9%, from $148 in 2015 to $851 in 2010.

Exports from Saint Kitts and Nevis (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Saint Kitts and Nevis (Flag) (2022)

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Saint Kitts and Nevis than Paraguay included Trinidad and Tobago ($2.03M), Grenada ($416k), and Madagascar ($257k).

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

Difference in imports from Paraguay (Flag) and Saint Kitts and Nevis (Flag) (2022)

Comparative Advantage Saint Kitts and Nevis - Paraguay

Flow
Scale

This chart compares trade between Saint Kitts and Nevis and Paraguay by product, considering products traded by both, Saint Kitts and Nevis and Paraguay.

During 2022, Saint Kitts and Nevis had a large net trade with Paraguay in the exports of Machines ($83k) and Textiles ($9.41k).

During 2010, Paraguay had a large net trade with Saint Kitts and Nevis in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Saint Kitts and Nevis (Flag) and Paraguay (Flag) (2022)

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