Paraguay / Germany

Paraguay-Germany Trade: In 2022, Paraguay exported $51.8M to Germany. The main products that Paraguay exported to Germany were Bovine Meat ($9M), Other Oily Seeds ($7.78M), and Wood Charcoal ($6.01M). Over the past 5 years the exports of Paraguay to Germany have decreased at an annualized rate of 23.1%, from $192M in 2017 to $51.8M in 2022.

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

Germany-Paraguay Trade: In 2022, Germany exported $248M to Paraguay. The main products that Germany exported to Paraguay were Vaccines, blood, antisera, toxins and cultures ($20.6M), Cars ($18.1M), and Packaged Medicaments ($15M). Over the past 5 years the exports of Germany to Paraguay have increased at an annualized rate of 3.07%,  from $214M in 2017 to $248M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).