Portugal-Paraguay Trade: In 2022, Portugal exported $10.9M to Paraguay. The main products that Portugal exported to Paraguay were Motor vehicles; parts and accessories (8701 to 8705) ($1.61M), Wine ($798k), and Low-voltage Protection Equipment ($737k). Over the past 5 years the exports of Portugal to Paraguay have decreased at an annualized rate of 15%, from $24.6M in 2017 to $10.9M in 2022.
In 2022, Portugal did not export any services to Paraguay.
Paraguay-Portugal Trade: In 2022, Paraguay exported $8.98M to Portugal. The main products that Paraguay exported to Portugal were Rice ($2.33M), Gold ($1.96M), and Bovine Meat ($1.91M). Over the past 5 years the exports of Paraguay to Portugal have decreased at an annualized rate of 36.2%, from $84.9M in 2017 to $8.98M in 2022.
In 2022, Paraguay did not export any services to Portugal.
Comparison: In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).