2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Paraguay-Algeria Trade: In 2022, Paraguay exported $20.9M to Algeria. The main products that Paraguay exported to Algeria were Corn ($20.4M), Starches ($410k), and Other Oily Seeds ($89.2k). Over the past 5 years the exports of Paraguay to Algeria have decreased at an annualized rate of 13.5%, from $43.3M in 2017 to $20.9M in 2022.

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

Algeria-Paraguay Trade: In 2022, Algeria exported $8.37M to Paraguay. The main products that Algeria exported to Paraguay were Refined Petroleum ($8.2M), Float Glass ($166k), and Liquid Pumps ($698). Over the past 5 years the exports of Algeria to Paraguay have increased at an annualized rate of 827%,  from $122 in 2017 to $8.37M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $20.9M to Algeria. The main products exported from Paraguay to Algeria were Corn ($20.4M), Starches ($410k), and Other Oily Seeds ($89.2k). During the last 5 years the exports of Paraguay to Algeria have decreased at an annualized rate of 13.5%, from $43.3M in 2017 to $20.9M in 2022.

In 2017, Algeria exported $8.37M to Paraguay. The main products exported from Algeria to Paraguay were Refined Petroleum ($8.2M), Float Glass ($166k), and Liquid Pumps ($698). During the last 5 years the exports of Algeria to Paraguay have increased at an annualized rate of 827%, from $122 in 2022 to $8.37M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Algeria (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Algeria
Top Destination
Italy$16.9B

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

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

In 2022, countries that imported more from Algeria than Paraguay included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Paraguay - Algeria

Flow
Scale

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

During 2022, Paraguay had a large net trade with Algeria in the exports of Vegetable Products ($20.9M) and Foodstuffs ($75.7k).

During 2017, Algeria had a large net trade with Paraguay in the exports of Mineral Products ($8.2M), Stone And Glass ($166k), and Machines ($1.25k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Algeria+$140kOther Oily Seeds
Top Product Potential Algeria Paraguay+$9.07MRefined Petroleum

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

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

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