2022
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GDP
$41.7BCURRENT US$
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2012-2022
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GDP GROWTH
25.3%CURRENT US$
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2022
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 GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$6,153CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
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2022
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GDP PC
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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About

Paraguay-Kuwait In 2022, Paraguay exported $36M to Kuwait. The main products that Paraguay exported to Kuwait are Frozen Bovine Meat ($32.4M), Wood Charcoal ($2.88M), and Edible Offal ($250k). During the last 22 years the exports of Paraguay to Kuwait have increased at an annualized rate of 55%, from $2.35k in 2000 to $36M in 2022.

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

Kuwait-Paraguay In 2022, Kuwait exported $37M to Paraguay. The main products that Kuwait exported to Paraguay were Refined Petroleum ($36.9M), Ethylene Polymers ($67.6k), and Electrical Transformers ($22.9k). During the last 22 years the exports of Kuwait to Paraguay have increased at an annualized rate of 38.8%, from $27.1k in 2000 to $37M in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $36M to Kuwait. The main products exported from Paraguay to Kuwait were Frozen Bovine Meat ($32.4M), Wood Charcoal ($2.88M), and Edible Offal ($250k). During the last 22 years the exports of Paraguay to Kuwait have increased at an annualized rate of 55%, from $2.35k in 2000 to $36M in 2022.

In 2022, Kuwait exported $37M to Paraguay. The main products exported from Kuwait to Paraguay were Refined Petroleum ($36.9M), Ethylene Polymers ($67.6k), and Electrical Transformers ($22.9k). During the last 26 years the exports of Kuwait to Paraguay have increased at an annualized rate of 38.8%, from $27.1k in 1996 to $37M in 2022.

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

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

Latest Data

Trade between Paraguay (Flag) and Kuwait (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Paraguay than Kuwait were Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

In 2021, countries that imported more from Kuwait than Paraguay were China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Paraguay - Kuwait

Flow
Scale

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

During 2022, Paraguay had a large net trade with Kuwait in the exports of Animal Products ($32.6M), Wood Products ($2.92M), and Chemical Products ($241k).

During 2022, Kuwait had a large net trade with Paraguay in the exports of Mineral Products ($36.9M), Plastics and Rubbers ($67.6k), and Machines ($22.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Paraguay has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over Paraguay.

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

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