2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Paraguay-Namibia Trade: In 2022, Paraguay exported $91.4k to Namibia. The main products that Paraguay exported to Namibia were Animal Organs ($83.5k), Video Displays ($7.92k), and Rice ($14). Over the past 12 years the exports of Paraguay to Namibia have decreased at an annualized rate of 4.55%, from $160k in 2010 to $91.4k in 2022.

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

Namibia-Paraguay Trade: In 2022, Namibia exported $541 to Paraguay. The main products that Namibia exported to Paraguay were N/A. Over the past 12 years the exports of Namibia to Paraguay have decreased at an annualized rate of 33.4%,  from $4.11k in 2010 to $541 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $91.4k to Namibia. The main products exported from Paraguay to Namibia were Animal Organs ($83.5k), Video Displays ($7.92k), and Rice ($14). During the last 12 years the exports of Paraguay to Namibia have decreased at an annualized rate of 4.55%, from $160k in 2010 to $91.4k in 2022.

In 2016, Namibia exported $541 to Paraguay. There were not main exports from Namibia to Paraguay in 2016. During the last 5 years the exports of Namibia to Paraguay have decreased at an annualized rate of 33.4%, from $4.11k in 2021 to $541 in 2016.

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

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

Latest Data

Trade between Paraguay (Flag) and Namibia (Flag)

Paraguay Exports

Date

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Namibia
Top Destination
South Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Paraguay included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Paraguay - Namibia

Flow
Scale

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

During 2022, Paraguay had a large net trade with Namibia in the exports of Animal Products ($83.5k), Machines ($7.92k), and Vegetable Products ($14).

During 2016, Namibia had a large net trade with Paraguay in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Namibia+$13.7kTelephones
Top Product Potential Namibia Paraguay+$3.25kRefined 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

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

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

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