2023
Flag  
GDP
$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 154 / 195
2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC 
$1,233CURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP PC GROWTH
2.84%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

Burma-Paraguay Trade: In 2023, Burma exported $382k to Paraguay. The main products that Burma exported to Paraguay were Non-Knit Men's Shirts ($161k), Non-Knit Women's Suits ($47.3k), and Non-Knit Women's Coats ($27.9k). Over the past 5 years the exports of Burma to Paraguay have decreased at an annualized rate of 2.17%, from $427k in 2018 to $382k in 2023.

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

Paraguay-Burma Trade: In 2023, Paraguay exported $25.3M to Burma. The main products that Paraguay exported to Burma were Soybean Meal ($25.3M). Over the past 5 years the exports of Paraguay to Burma have increased at an annualized rate of 10.8%,  from $7.38M in 2018 to $25.3M in 2023.

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

Comparison: In 2023,  Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B). 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
Value

In 2023, Burma exported $382k to Paraguay. The main products exported from Burma to Paraguay were Non-Knit Men's Shirts ($161k), Non-Knit Women's Suits ($47.3k), and Non-Knit Women's Coats ($27.9k). During the last 5 years the exports of Burma to Paraguay have decreased at an annualized rate of 2.17%, from $427k in 2018 to $382k in 2023.

In 2018, Paraguay exported $25.3M to Burma. The main products exported from Paraguay to Burma were Soybean Meal ($25.3M). During the last 5 years the exports of Paraguay to Burma have increased at an annualized rate of 10.8%, from $7.38M in 2023 to $25.3M in 2018.

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

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

Latest Data

Trade between Burma (Flag) and Paraguay (Flag)

Burma Exports

Paraguay Exports

Market Competitiveness

Color
Burma
Top Destination
China$6.97B
Paraguay
Top Destination
Argentina$4B

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 2023, countries that imported more from Burma than Paraguay included China ($6.97B), Thailand ($3.44B), and Japan ($1.61B).

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

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

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 2023, Burma had a large net trade with Paraguay in the exports of Textiles ($334k), Footwear and Headwear ($18.2k), and Animal Hides ($14.3k).

During 2018, Paraguay had a large net trade with Burma in the exports of Foodstuffs ($25.3M).

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) (2023)

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