2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 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
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Paraguay-Cameroon Trade: In 2022, Paraguay exported $4.83M to Cameroon. The main products that Paraguay exported to Cameroon were Corn ($2.38M), Concentrated Milk ($1.39M), and Passenger and Cargo Ships ($1.06M). Over the past 5 years the exports of Paraguay to Cameroon have increased at an annualized rate of 120%, from $93.6k in 2017 to $4.83M in 2022.

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

Cameroon-Paraguay Trade: In 2022, Cameroon exported $607 to Paraguay. The main products that Cameroon exported to Paraguay were Trunks and Cases ($583), Worked Ivory and Bone ($13), and Other Plastic Products ($6). Over the past 5 years the exports of Cameroon to Paraguay have decreased at an annualized rate of 23.7%,  from $2.34k in 2017 to $607 in 2022.

In 2022, Cameroon 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, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $4.83M to Cameroon. The main products exported from Paraguay to Cameroon were Corn ($2.38M), Concentrated Milk ($1.39M), and Passenger and Cargo Ships ($1.06M). During the last 5 years the exports of Paraguay to Cameroon have increased at an annualized rate of 120%, from $93.6k in 2017 to $4.83M in 2022.

In 2017, Cameroon exported $607 to Paraguay. The main products exported from Cameroon to Paraguay were Trunks and Cases ($583), Worked Ivory and Bone ($13), and Other Plastic Products ($6). During the last 5 years the exports of Cameroon to Paraguay have decreased at an annualized rate of 23.7%, from $2.34k in 2022 to $607 in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Cameroon (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Cameroon
Top Destination
Netherlands$1.31B

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

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

In 2022, countries that imported more from Cameroon than Paraguay included Netherlands ($1.31B), France ($1.02B), and India ($974M).

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

Comparative Advantage Paraguay - Cameroon

Flow
Scale

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

During 2022, Paraguay had a large net trade with Cameroon in the exports of Vegetable Products ($2.38M), Animal Products ($1.4M), and Transportation ($1.06M).

During 2017, Cameroon had a large net trade with Paraguay in the exports of Animal Hides ($583), Miscellaneous ($15), and Plastics and Rubbers ($6).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Cameroon+$11.8kPoultry Meat
Top Product Potential Cameroon Paraguay+$2.75kPetroleum Gas

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

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

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