2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 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
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Paraguay-Bahamas Trade: In 2022, Paraguay exported $1.08M to Bahamas. The main products that Paraguay exported to Bahamas were Poultry Meat ($816k), Frozen Bovine Meat ($144k), and Edible Offal ($120k). Over the past 5 years the exports of Paraguay to Bahamas have increased at an annualized rate of 320%, from $824 in 2017 to $1.08M in 2022.

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

Bahamas-Paraguay Trade: In 2022, Bahamas exported $9.79k to Paraguay. The main products that Bahamas exported to Paraguay were Audio Alarms ($7.96k), Broadcasting Equipment ($1.56k), and Plastic Lids ($240). Over the past 5 years the exports of Bahamas to Paraguay have increased at an annualized rate of 315%,  from $8 in 2017 to $9.79k in 2022.

In 2022, Bahamas 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, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $1.08M to Bahamas. The main products exported from Paraguay to Bahamas were Poultry Meat ($816k), Frozen Bovine Meat ($144k), and Edible Offal ($120k). During the last 5 years the exports of Paraguay to Bahamas have increased at an annualized rate of 320%, from $824 in 2017 to $1.08M in 2022.

In 2017, Bahamas exported $9.79k to Paraguay. The main products exported from Bahamas to Paraguay were Audio Alarms ($7.96k), Broadcasting Equipment ($1.56k), and Plastic Lids ($240). During the last 5 years the exports of Bahamas to Paraguay have increased at an annualized rate of 315%, from $8 in 2022 to $9.79k in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Bahamas (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Bahamas
Top Destination
United States$1.4B

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

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

In 2022, countries that imported more from Bahamas than Paraguay included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

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

Comparative Advantage Paraguay - Bahamas

Flow
Scale

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

During 2022, Paraguay had a large net trade with Bahamas in the exports of Animal Products ($1.08M), Foodstuffs ($873), and Machines ($829).

During 2017, Bahamas had a large net trade with Paraguay in the exports of Machines ($9.54k), Plastics and Rubbers ($240), and Miscellaneous ($12).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Paraguay and Bahamas. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over Bahamas. Similarly, a dot/product with the flag of Bahamas indicates it has a comparative advantage over Paraguay.

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

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