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2020
Flag → Flag
Exports $663Rnk 18 / 0
2020
Flag → Flag
Exports $1.33MRnk 199 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 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$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Paraguay-Rwanda Trade: In 2020, Paraguay exported $663 to Rwanda. The main products that Paraguay exported to Rwanda were N/A. Over the past 8 years the exports of Paraguay to Rwanda have decreased at an annualized rate of 63.6%, from $2.17M in 2012 to $663 in 2020.

In 2020, Paraguay did not export any services to Rwanda.

Rwanda-Paraguay In N/A, Rwanda did not export any products to Paraguay.

In 2020, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Paraguay exported $663 to Rwanda. There were not main exports from Paraguay to Rwanda in 2020. During the last 8 years the exports of Paraguay to Rwanda have decreased at an annualized rate of 63.6%, from $2.17M in 2012 to $663 in 2020.

Rwanda does not register exports to Paraguay.

Exports from Paraguay (Flag) to Rwanda (Flag) (2020)

Exports from Rwanda (Flag) to Paraguay (Flag) (2020)

Latest Data

Trade between Paraguay (Flag) and Rwanda (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Paraguay included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

Comparative Advantage Paraguay - Rwanda

Flow
Scale

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

During 2020, Paraguay had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Rwanda+$1.79kCorn
Top Product Potential Rwanda Paraguay+$1.32kTelephones

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

Product Space of Paraguay (Flag) and Rwanda (Flag) (2020)

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