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2023
Flag → Flag
Exports $1.29MRnk 88 / 153
2023
Flag → Flag
Top Product $1.01MPoultry Meat
2023
Flag → Flag
Exports $9.8kRnk 62 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $6,276CURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP PC GROWTH-2.48%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Paraguay-Bahamas Trade: In 2023, Paraguay exported $1.29M to Bahamas. The main products that Paraguay exported to Bahamas were Poultry Meat ($1.01M), Frozen Bovine Meat ($106k), and Bovine Meat ($90.2k). Over the past 5 years the exports of Paraguay to Bahamas have increased at an annualized rate of 648%, from $55 in 2018 to $1.29M in 2023.

In 2023, Paraguay did not export any services to Bahamas.

Bahamas-Paraguay Trade: In 2023, Bahamas exported $9.8k to Paraguay. The main products that Bahamas exported to Paraguay were N/A. Over the past 5 years the exports of Bahamas to Paraguay have increased at an annualized rate of 315%,  from $8 in 2018 to $9.8k in 2023.

In 2023, Bahamas did not export any services to Paraguay.

Comparison In 2023,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42),  and 94 in total exports ($12.2B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Paraguay exported $1.29M to Bahamas. The main products exported from Paraguay to Bahamas were Poultry Meat ($1.01M), Frozen Bovine Meat ($106k), and Bovine Meat ($90.2k). During the last 5 years the exports of Paraguay to Bahamas have increased at an annualized rate of 648%, from $55 in 2018 to $1.29M in 2023.

In 2017, Bahamas exported $9.8k to Paraguay. There were not main exports from Bahamas to Paraguay in 2017. During the last 5 years the exports of Bahamas to Paraguay have increased at an annualized rate of 315%, from $8 in 2022 to $9.8k in 2017.

Exports from Paraguay (Flag) to Bahamas (Flag) (2023)

Exports from Bahamas (Flag) to Paraguay (Flag) (2023)

Latest Data

Trade between Paraguay (Flag) and Bahamas (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top DestinationArgentina$4B
Bahamas
Top DestinationUnited States$1.07B

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 2023, countries that imported more from Paraguay than Bahamas included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

In 2023, countries that imported more from Bahamas than Paraguay included United States ($1.07B), Zimbabwe ($469M), and Cote d'Ivoire ($418M).

Difference in imports from Bahamas (Flag) and Paraguay (Flag) (2023)

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 2023, Paraguay had a large net trade with Bahamas in the exports of Animal Products ($1.29M) and Textiles ($622).

During 2017, Bahamas had a large net trade with Paraguay in the exports of .

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) (2023)

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