2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Paraguay-Angola Trade: In 2022, Paraguay exported $31.2M to Angola. The main products that Paraguay exported to Angola were Soybean Oil ($15.2M), Frozen Bovine Meat ($12.9M), and Poultry Meat ($1.6M). Over the past 5 years the exports of Paraguay to Angola have increased at an annualized rate of 21.2%, from $11.9M in 2017 to $31.2M in 2022.

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

Angola-Paraguay Trade: In 2022, Angola exported $2 to Paraguay. The main products that Angola exported to Paraguay were Navigation Equipment ($2). Over the past 5 years the exports of Angola to Paraguay have decreased at an annualized rate of 89.2%,  from $139k in 2017 to $2 in 2022.

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

Comparison: In 2022,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $31.2M to Angola. The main products exported from Paraguay to Angola were Soybean Oil ($15.2M), Frozen Bovine Meat ($12.9M), and Poultry Meat ($1.6M). During the last 5 years the exports of Paraguay to Angola have increased at an annualized rate of 21.2%, from $11.9M in 2017 to $31.2M in 2022.

In 2017, Angola exported $2 to Paraguay. The main products exported from Angola to Paraguay were Navigation Equipment ($2). During the last 5 years the exports of Angola to Paraguay have decreased at an annualized rate of 89.2%, from $139k in 2022 to $2 in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Angola (Flag)

Paraguay Exports

Angola Exports

Date

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Angola
Top Destination
China$21.8B

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

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

In 2022, countries that imported more from Angola than Paraguay included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

Comparative Advantage Paraguay - Angola

Flow
Scale

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

During 2022, Paraguay had a large net trade with Angola in the exports of Animal Products ($15.7M), Animal and Vegetable Bi-Products ($15.2M), and Foodstuffs ($125k).

During 2017, Angola had a large net trade with Paraguay in the exports of Machines ($2).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Angola+$377kEdible Offal
Top Product Potential Angola Paraguay+$4.17kRefined Petroleum

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

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

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