2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$6,276CURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Paraguay-Croatia Trade: In 2023, Paraguay exported $445k to Croatia. The main products that Paraguay exported to Croatia were Other Oily Seeds ($417k), Raw Sugar ($25.7k), and Non-Knit Women's Suits ($1.72k). Over the past 5 years the exports of Paraguay to Croatia have increased at an annualized rate of 8.89%, from $291k in 2018 to $445k in 2023.

In 2023, Paraguay did not export any services to Croatia.

Croatia-Paraguay Trade: In 2023, Croatia exported $2.52M to Paraguay. The main products that Croatia exported to Paraguay were Electric Motor Parts ($1.08M), Raw Tobacco ($790k), and Petroleum Coke ($424k). Over the past 5 years the exports of Croatia to Paraguay have increased at an annualized rate of 0.65%,  from $2.44M in 2018 to $2.52M in 2023.

In 2023, Croatia did not export any services to Paraguay.

Comparison: In 2023,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Latest Data

Trade between Paraguay (Flag) and Croatia (Flag)

Paraguay Exports

Croatia Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Paraguay than Croatia included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

In 2023, countries that imported more from Croatia than Paraguay included Italy ($3.05B), Germany ($2.58B), and Slovenia ($2.45B).

Difference in imports from Croatia (Flag) and Paraguay (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Croatia+$91.4kOther Oily Seeds
Top Product Potential Croatia Paraguay+$102kRaw Tobacco

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

Product Space of Paraguay (Flag) and Croatia (Flag) (NaN)

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