







Market Competitiveness
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.
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Difference in imports from El Salvador (
) and Paraguay (
) (2023)
Comparative Advantage Paraguay - El Salvador
This chart compares trade between Paraguay and El Salvador by product, considering products traded by both, Paraguay and El Salvador.
During 2023, Paraguay had a large net trade with El Salvador in the exports of Vegetable Products ($3.54M), Chemical Products ($1.28M), and Animal and Vegetable Bi-Products ($629k).
During 2018, El Salvador had a large net trade with Paraguay in the exports of Textiles ($165k), Foodstuffs ($134k), and Machines ($115k).
Potential Exports
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.
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.