2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 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
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Paraguay-El Salvador Trade: In 2022, Paraguay exported $4.1M to El Salvador. The main products that Paraguay exported to El Salvador were Soybean Oil ($1.8M), Packaged Medicaments ($1.23M), and Starches ($463k). Over the past 5 years the exports of Paraguay to El Salvador have increased at an annualized rate of 3.39%, from $3.47M in 2017 to $4.1M in 2022.

In 2022, Paraguay did not export any services to El Salvador.

El Salvador-Paraguay Trade: In 2022, El Salvador exported $851k to Paraguay. The main products that El Salvador exported to Paraguay were Scrap Plastic ($200k), Other Furniture ($185k), and Fishing and Hunting Equipment ($95k). Over the past 5 years the exports of El Salvador to Paraguay have increased at an annualized rate of 21.3%,  from $324k in 2017 to $851k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $4.1M to El Salvador. The main products exported from Paraguay to El Salvador were Soybean Oil ($1.8M), Packaged Medicaments ($1.23M), and Starches ($463k). During the last 5 years the exports of Paraguay to El Salvador have increased at an annualized rate of 3.39%, from $3.47M in 2017 to $4.1M in 2022.

In 2017, El Salvador exported $851k to Paraguay. The main products exported from El Salvador to Paraguay were Scrap Plastic ($200k), Other Furniture ($185k), and Fishing and Hunting Equipment ($95k). During the last 5 years the exports of El Salvador to Paraguay have increased at an annualized rate of 21.3%, from $324k in 2022 to $851k in 2017.

Exports from Paraguay (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and El Salvador (Flag)

Paraguay Exports

El Salvador Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
El Salvador
Top Destination
United States$2.87B

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

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

In 2022, countries that imported more from El Salvador than Paraguay included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

Difference in imports from El Salvador (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - El Salvador

Flow
Scale

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

During 2022, Paraguay had a large net trade with El Salvador in the exports of Animal and Vegetable Bi-Products ($1.8M), Chemical Products ($1.25M), and Vegetable Products ($897k).

During 2017, El Salvador had a large net trade with Paraguay in the exports of Miscellaneous ($281k), Plastics and Rubbers ($211k), and Metals ($113k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay El Salvador+$495kPackaged Medicaments
Top Product Potential El Salvador Paraguay+$190kPackaged Medicaments

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

Product Space of Paraguay (Flag) and El Salvador (Flag) (2022)

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