2022
Flag  
GDP
$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP GROWTH
1.79%CURRENT US$
Rnk 163 / 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 
$1,096CURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 155 / 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

Burma-Paraguay Trade: In 2022, Burma exported $303k to Paraguay. The main products that Burma exported to Paraguay were Leather Footwear ($130k), Non-Knit Men's Shirts ($54k), and Knit Babies' Garments ($24.3k). Over the past 5 years the exports of Burma to Paraguay have increased at an annualized rate of 3.84%, from $251k in 2017 to $303k in 2022.

In 2022, Burma did not export any services to Paraguay.

Paraguay-Burma Trade: In 2022, Paraguay exported $4.9M to Burma. The main products that Paraguay exported to Burma were Soybean Meal ($4.32M) and Other Oily Seeds ($585k). Over the past 5 years the exports of Paraguay to Burma have decreased at an annualized rate of 26.5%,  from $22.8M in 2017 to $4.9M in 2022.

In 2022, Paraguay did not export any services to Burma.

Comparison: In 2022,  Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). 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 2022, Burma exported $303k to Paraguay. The main products exported from Burma to Paraguay were Leather Footwear ($130k), Non-Knit Men's Shirts ($54k), and Knit Babies' Garments ($24.3k). During the last 5 years the exports of Burma to Paraguay have increased at an annualized rate of 3.84%, from $251k in 2017 to $303k in 2022.

In 2017, Paraguay exported $4.9M to Burma. The main products exported from Paraguay to Burma were Soybean Meal ($4.32M) and Other Oily Seeds ($585k). During the last 5 years the exports of Paraguay to Burma have decreased at an annualized rate of 26.5%, from $22.8M in 2022 to $4.9M in 2017.

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

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

Latest Data

Trade between Burma (Flag) and Paraguay (Flag)

Burma Exports

Paraguay Exports

Market Competitiveness

Color
Burma
Top Destination
China$9.62B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Burma than Paraguay included China ($9.62B), Thailand ($3.48B), and Germany ($1.68B).

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

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

Comparative Advantage Burma - Paraguay

Flow
Scale

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

During 2022, Burma had a large net trade with Paraguay in the exports of Footwear and Headwear ($133k), Textiles ($123k), and Animal Hides ($14.2k).

During 2017, Paraguay had a large net trade with Burma in the exports of Foodstuffs ($4.32M) and Vegetable Products ($585k).

Economic Complexity

Competitive Landscape

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

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

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