2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 65 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 6 / 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
$2,183CURRENT US$
Rnk 153 / 196
2013-2023
Flag
GDP PC GROWTH
91.8%CURRENT US$
Rnk 12 / 195

About

Paraguay-Sudan Trade: In 2018, Paraguay exported $399k to Sudan. The main products that Paraguay exported to Sudan were N/A. Over the past 8 years the exports of Paraguay to Sudan have decreased at an annualized rate of 14.8%, from $1.44M in 2010 to $399k in 2018.

In 2018, Paraguay did not export any services to Sudan.

Sudan-Paraguay Trade: In 2018, Sudan exported $5.35k to Paraguay. The main products that Sudan exported to Paraguay were Insect Resins ($5.35k). Over the past 8 years the exports of Sudan to Paraguay have decreased at an annualized rate of 13.4%,  from $12.7k in 2010 to $5.35k in 2018.

In 2018, Sudan 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, Sudan ranked 121 in the Economic Complexity Index (ECI -1.24), and 128 in total exports ($5.09B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Paraguay exported $399k to Sudan. There were not main exports from Paraguay to Sudan in 2018. During the last 8 years the exports of Paraguay to Sudan have decreased at an annualized rate of 14.8%, from $1.44M in 2010 to $399k in 2018.

In 2018, Sudan exported $5.35k to Paraguay. The main products exported from Sudan to Paraguay were Insect Resins ($5.35k). During the last 5 years the exports of Sudan to Paraguay have decreased at an annualized rate of 13.4%, from $12.7k in 2023 to $5.35k in 2018.

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

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

Latest Data

Trade between Paraguay (Flag) and Sudan (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Sudan
Top Destination
United Arab Emirates$1.09B

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

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

In 2023, countries that imported more from Sudan than Paraguay included United Arab Emirates ($1.09B), China ($882M), and Saudi Arabia ($802M).

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

Comparative Advantage Paraguay - Sudan

Flow
Scale

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

During 2018, Paraguay had a large net trade with Sudan in the exports of .

During 2018, Sudan had a large net trade with Paraguay in the exports of Vegetable Products ($5.35k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Sudan+$2.38kWheat
Top Product Potential Sudan Paraguay+$7.84kInsect Resins

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

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

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