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2022
Flag → Flag
Exports $344kRnk 120 / 158
2022
Flag → Flag
Exports $2.75MRnk 105 / 188
2022
Flag → Flag
Top Product $1.89MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
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GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $6,153CURRENT US$
Rnk 102 / 186
2012-2022
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GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Paraguay-Estonia Trade: In 2022, Paraguay exported $344k to Estonia. The main products that Paraguay exported to Estonia were N/A. Over the past 5 years the exports of Paraguay to Estonia have increased at an annualized rate of 233%, from $835 in 2017 to $344k in 2022.

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

Estonia-Paraguay Trade: In 2022, Estonia exported $2.75M to Paraguay. The main products that Estonia exported to Paraguay were Refined Petroleum ($1.89M), Delivery Trucks ($165k), and Fishing and Hunting Equipment ($128k). Over the past 5 years the exports of Estonia to Paraguay have increased at an annualized rate of 11.8%,  from $1.57M in 2017 to $2.75M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $344k to Estonia. There were not main exports from Paraguay to Estonia in 2022. During the last 5 years the exports of Paraguay to Estonia have increased at an annualized rate of 233%, from $835 in 2017 to $344k in 2022.

In 2017, Estonia exported $2.75M to Paraguay. The main products exported from Estonia to Paraguay were Refined Petroleum ($1.89M), Delivery Trucks ($165k), and Fishing and Hunting Equipment ($128k). During the last 5 years the exports of Estonia to Paraguay have increased at an annualized rate of 11.8%, from $1.57M in 2022 to $2.75M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Estonia (Flag)

Paraguay Exports

Date

Estonia Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Paraguay included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Paraguay - Estonia

Flow
Scale

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

During 2022, Paraguay had a large net trade with Estonia in the exports of Vegetable Products ($279k), Wood Products ($57.5k), and Foodstuffs ($6.84k).

During 2017, Estonia had a large net trade with Paraguay in the exports of Mineral Products ($2.01M), Transportation ($269k), and Machines ($157k).

Economic Complexity

Competitive Landscape

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

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

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