2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

In N/A, Paraguay did not export any services to Bhutan.

Bhutan-Paraguay In N/A, Bhutan did not export any products to Paraguay.

In N/A, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Paraguay does not register exports to Bhutan.

Bhutan does not register exports to Paraguay. The main products exported from Bhutan to Paraguay were Electrical Lighting and Signalling Equipment ($118), Motor vehicles; parts and accessories (8701 to 8705) ($104), and Rubber Pipes ($23).

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

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

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Bhutan
Top Destination
India$343M

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

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

In 2022, countries that imported more from Bhutan than Paraguay included India ($343M), Malawi ($109k), and Zambia ($6.34k).

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

Comparative Advantage Paraguay - Bhutan

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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