Sign In
Pricing

2022
Flag → Flag
Exports $109MRnk 12 / 158
2022
Flag → Flag
Top Product $66.5MSoybean Meal
2022
Flag → Flag
Exports $57.2MRnk 120 / 224
2022
Flag → Flag
Top Product $25.2MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Paraguay-United Kingdom Trade: In 2022, Paraguay exported $109M to United Kingdom. The main products that Paraguay exported to United Kingdom were Soybean Meal ($66.5M), Alcohol > 80% ABV ($12.4M), and Wood Charcoal ($11.3M). Over the past 5 years the exports of Paraguay to United Kingdom have increased at an annualized rate of 2.1%, from $98.5M in 2017 to $109M in 2022.

In 2022, Paraguay did not export any services to United Kingdom.

United Kingdom-Paraguay Trade: In 2022, United Kingdom exported $57.2M to Paraguay. The main products that United Kingdom exported to Paraguay were Hard Liquor ($25.2M), Soybean Meal ($3.64M), and Cars ($2.81M). Over the past 5 years the exports of United Kingdom to Paraguay have increased at an annualized rate of 3.6%,  from $47.9M in 2017 to $57.2M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $109M to United Kingdom. The main products exported from Paraguay to United Kingdom were Soybean Meal ($66.5M), Alcohol > 80% ABV ($12.4M), and Wood Charcoal ($11.3M). During the last 5 years the exports of Paraguay to United Kingdom have increased at an annualized rate of 2.1%, from $98.5M in 2017 to $109M in 2022.

In 2017, United Kingdom exported $57.2M to Paraguay. The main products exported from United Kingdom to Paraguay were Hard Liquor ($25.2M), Soybean Meal ($3.64M), and Cars ($2.81M). During the last 5 years the exports of United Kingdom to Paraguay have increased at an annualized rate of 3.6%, from $47.9M in 2022 to $57.2M in 2017.

Exports from Paraguay (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and United Kingdom (Flag)

Paraguay Exports

United Kingdom Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
United Kingdom
Top DestinationUnited States$61.8B

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

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

In 2022, countries that imported more from United Kingdom than Paraguay included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - United Kingdom

Flow
Scale

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

During 2022, Paraguay had a large net trade with United Kingdom in the exports of Foodstuffs ($79.6M), Wood Products ($16.9M), and Vegetable Products ($6.85M).

During 2017, United Kingdom had a large net trade with Paraguay in the exports of Foodstuffs ($29.7M), Chemical Products ($6.51M), and Machines ($4.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay United Kingdom+$4.01MAlcohol > 80% ABV
Top Product Potential United Kingdom Paraguay+$10MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Paraguay (Flag) and United Kingdom (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms