2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
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GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 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
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Paraguay-United Arab Emirates Trade: In 2022, Paraguay exported $41.3M to United Arab Emirates. The main products that Paraguay exported to United Arab Emirates were Soybean Meal ($19.6M), Corn ($11.4M), and Soybeans ($3.4M). Over the past 5 years the exports of Paraguay to United Arab Emirates have increased at an annualized rate of 0.55%, from $40.2M in 2017 to $41.3M in 2022.

In 2022, Paraguay did not export any services to United Arab Emirates.

United Arab Emirates-Paraguay Trade: In 2022, United Arab Emirates exported $191M to Paraguay. The main products that United Arab Emirates exported to Paraguay were Refined Petroleum ($176M), Float Glass ($4.34M), and Flat Flat-Rolled Steel ($1.94M). Over the past 5 years the exports of United Arab Emirates to Paraguay have increased at an annualized rate of 21.8%,  from $71.3M in 2017 to $191M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $41.3M to United Arab Emirates. The main products exported from Paraguay to United Arab Emirates were Soybean Meal ($19.6M), Corn ($11.4M), and Soybeans ($3.4M). During the last 5 years the exports of Paraguay to United Arab Emirates have increased at an annualized rate of 0.55%, from $40.2M in 2017 to $41.3M in 2022.

In 2017, United Arab Emirates exported $191M to Paraguay. The main products exported from United Arab Emirates to Paraguay were Refined Petroleum ($176M), Float Glass ($4.34M), and Flat Flat-Rolled Steel ($1.94M). During the last 5 years the exports of United Arab Emirates to Paraguay have increased at an annualized rate of 21.8%, from $71.3M in 2022 to $191M in 2017.

Exports from Paraguay (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and United Arab Emirates (Flag)

Paraguay Exports

United Arab Emirates Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
United Arab Emirates
Top Destination
India$51B

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

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

In 2022, countries that imported more from United Arab Emirates than Paraguay included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - United Arab Emirates

Flow
Scale

This chart compares trade between Paraguay and United Arab Emirates by product, considering products traded by both, Paraguay and United Arab Emirates.

During 2022, Paraguay had a large net trade with United Arab Emirates in the exports of Foodstuffs ($19.9M), Vegetable Products ($16.8M), and Precious Metals ($1.74M).

During 2017, United Arab Emirates had a large net trade with Paraguay in the exports of Mineral Products ($176M), Stone And Glass ($4.55M), and Metals ($3.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay United Arab Emirates+$1.93MGold
Top Product Potential United Arab Emirates Paraguay+$4.88MRefined 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 United Arab Emirates. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Paraguay.

Product Space of Paraguay (Flag) and United Arab Emirates (Flag) (2022)

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