2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 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

Poland-Paraguay Trade: In 2022, Poland exported $18.2M to Paraguay. The main products that Poland exported to Paraguay were Documents of title (bonds etc) and unused stamps ($2.23M), Other Inedible Animal Products ($1.43M), and Harvesting Machinery ($1.28M). Over the past 5 years the exports of Poland to Paraguay have decreased at an annualized rate of 6.59%, from $25.7M in 2017 to $18.2M in 2022.

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

Paraguay-Poland Trade: In 2022, Paraguay exported $141M to Poland. The main products that Paraguay exported to Poland were Soybean Meal ($130M), Wood Charcoal ($3.78M), and Other Oily Seeds ($2.84M). Over the past 5 years the exports of Paraguay to Poland have increased at an annualized rate of 1.17%,  from $133M in 2017 to $141M in 2022.

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

Comparison: In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). 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, Poland exported $18.2M to Paraguay. The main products exported from Poland to Paraguay were Documents of title (bonds etc) and unused stamps ($2.23M), Other Inedible Animal Products ($1.43M), and Harvesting Machinery ($1.28M). During the last 5 years the exports of Poland to Paraguay have decreased at an annualized rate of 6.59%, from $25.7M in 2017 to $18.2M in 2022.

In 2017, Paraguay exported $141M to Poland. The main products exported from Paraguay to Poland were Soybean Meal ($130M), Wood Charcoal ($3.78M), and Other Oily Seeds ($2.84M). During the last 5 years the exports of Paraguay to Poland have increased at an annualized rate of 1.17%, from $133M in 2022 to $141M in 2017.

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

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

Latest Data

Trade between Poland (Flag) and Paraguay (Flag)

Poland Exports

Paraguay Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Poland than Paraguay included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

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

Comparative Advantage Poland - Paraguay

Flow
Scale

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

During 2022, Poland had a large net trade with Paraguay in the exports of Machines ($5.67M), Paper Goods ($2.58M), and Chemical Products ($1.61M).

During 2017, Paraguay had a large net trade with Poland in the exports of Foodstuffs ($132M), Vegetable Products ($5.07M), and Wood Products ($3.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Paraguay+$1.01MDelivery Trucks
Top Product Potential Paraguay Poland+$970kRice

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

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

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