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Pricing

2022
Flag → Flag
Exports $193kRnk 126 / 158
2022
Flag → Flag
Exports $3.39MRnk 113 / 205
2022
Flag → Flag
Top Product $936kOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Paraguay-Philippines Trade: In 2022, Paraguay exported $193k to Philippines. The main products that Paraguay exported to Philippines were N/A. Over the past 5 years the exports of Paraguay to Philippines have decreased at an annualized rate of 10.5%, from $335k in 2017 to $193k in 2022.

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

Philippines-Paraguay Trade: In 2022, Philippines exported $3.39M to Paraguay. The main products that Philippines exported to Paraguay were Office Machine Parts ($936k), Electrical Transformers ($330k), and Metalworking Machine Parts ($212k). Over the past 5 years the exports of Philippines to Paraguay have decreased at an annualized rate of 6.86%,  from $4.84M in 2017 to $3.39M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $193k to Philippines. There were not main exports from Paraguay to Philippines in 2022. During the last 5 years the exports of Paraguay to Philippines have decreased at an annualized rate of 10.5%, from $335k in 2017 to $193k in 2022.

In 2017, Philippines exported $3.39M to Paraguay. The main products exported from Philippines to Paraguay were Office Machine Parts ($936k), Electrical Transformers ($330k), and Metalworking Machine Parts ($212k). During the last 5 years the exports of Philippines to Paraguay have decreased at an annualized rate of 6.86%, from $4.84M in 2022 to $3.39M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Philippines (Flag)

Paraguay Exports

Philippines Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Paraguay included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

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

Comparative Advantage Paraguay - Philippines

Flow
Scale

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

During 2022, Paraguay had a large net trade with Philippines in the exports of Vegetable Products ($180k), Machines ($12.1k), and Textiles ($897).

During 2017, Philippines had a large net trade with Paraguay in the exports of Machines ($1.98M), Instruments ($358k), and Footwear and Headwear ($214k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Philippines+$145kOther Oily Seeds
Top Product Potential Philippines Paraguay+$972kIndustrial Printers

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

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

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