2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH
33.2%CURRENT US$
Rnk 107 / 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
$1,706CURRENT US$
Rnk 163 / 196
2013-2023
Flag
GDP PC GROWTH
17%CURRENT US$
Rnk 112 / 195

About

Paraguay-Haiti Trade: In 2023, Paraguay exported $266k to Haiti. The main products that Paraguay exported to Haiti were Poultry Meat ($235k), Packaged Medicaments ($23.3k), and Pesticides ($6.63k). Over the past 5 years the exports of Paraguay to Haiti have decreased at an annualized rate of 27.1%, from $1.29M in 2018 to $266k in 2023.

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

Haiti-Paraguay Trade: In 2023, Haiti exported $45.2k to Paraguay. The main products that Haiti exported to Paraguay were Polyacetals ($45.2k). Over the past 5 years the exports of Haiti to Paraguay have increased at an annualized rate of 54.8%,  from $5.1k in 2018 to $45.2k in 2023.

In 2023, Haiti 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, Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Paraguay exported $266k to Haiti. The main products exported from Paraguay to Haiti were Poultry Meat ($235k), Packaged Medicaments ($23.3k), and Pesticides ($6.63k). During the last 5 years the exports of Paraguay to Haiti have decreased at an annualized rate of 27.1%, from $1.29M in 2018 to $266k in 2023.

In 2018, Haiti exported $45.2k to Paraguay. The main products exported from Haiti to Paraguay were Polyacetals ($45.2k). During the last 5 years the exports of Haiti to Paraguay have increased at an annualized rate of 54.8%, from $5.1k in 2023 to $45.2k in 2018.

Exports from Paraguay (Flag) to Haiti (Flag) (2023)

Exports from Haiti (Flag) to Paraguay (Flag) (2023)

Latest Data

Trade between Paraguay (Flag) and Haiti (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Haiti
Top Destination
United States$844M

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

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

In 2023, countries that imported more from Haiti than Paraguay included United States ($844M), Canada ($36.4M), and Dominican Republic ($14.9M).

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

Comparative Advantage Paraguay - Haiti

Flow
Scale

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

During 2023, Paraguay had a large net trade with Haiti in the exports of Animal Products ($235k) and Chemical Products ($30.7k).

During 2018, Haiti had a large net trade with Paraguay in the exports of Plastics and Rubbers ($45.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Haiti+$58.1kPoultry Meat
Top Product Potential Haiti Paraguay+$7.38kKnit Men's Undergarments

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

Product Space of Paraguay (Flag) and Haiti (Flag) (2023)

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