Paraguay (PRY) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Paraguay-Ghana Trade: In 2022, Paraguay exported $10.3M to Ghana. The main products that Paraguay exported to Ghana were Frozen Bovine Meat ($6.8M), Animal Organs ($2.39M), and Edible Offal ($747k). Over the past 5 years the exports of Paraguay to Ghana have increased at an annualized rate of 67.2%, from $789k in 2017 to $10.3M in 2022.

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

Ghana-Paraguay In N/A, Ghana did not export any products to Paraguay.

In 2022, Ghana 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, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $10.3M to Ghana. The main products exported from Paraguay to Ghana were Frozen Bovine Meat ($6.8M), Animal Organs ($2.39M), and Edible Offal ($747k). During the last 5 years the exports of Paraguay to Ghana have increased at an annualized rate of 24.9%, from $8.97M in 2017 to $10.3M in 2022.

Ghana does not register exports to Paraguay.

Exports from Paraguay () to Ghana () (2022)

Exports from Ghana () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ghana ()

Paraguay Exports

Date

Ghana Exports

Date

Aug 2019

Oct 2018

Jun 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

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

In 2022, countries that imported more from Ghana than Paraguay included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

Difference in imports from Ghana () and Paraguay () (2022)

Comparative Advantage Paraguay - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Ghana in the exports of Animal Products ($10.2M) and Animal and Vegetable Bi-Products ($105k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Ghana+$508kEdible Offal

Top Product Potential Ghana Paraguay+$3.21kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Ghana () (2022)

Exports from Ghana () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ghana ()

Paraguay Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Paraguay () (2022)

Comparative Advantage Paraguay - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Ghana () (2022)

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