2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH
52.3%CURRENT US$
Rnk 70 / 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
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Paraguay-Togo Trade: In 2022, Paraguay exported $2.41k to Togo. The main products that Paraguay exported to Togo were N/A. Over the past 6 years the exports of Paraguay to Togo have decreased at an annualized rate of 47.9%, from $121k in 2016 to $2.41k in 2022.

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

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

In 2022, Togo 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, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $2.41k to Togo. There were not main exports from Paraguay to Togo in 2022. During the last 6 years the exports of Paraguay to Togo have decreased at an annualized rate of 47.9%, from $121k in 2016 to $2.41k in 2022.

Togo does not register exports to Paraguay. The main products exported from Togo to Paraguay were Padlocks ($17).

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

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

Latest Data

Trade between Paraguay (Flag) and Togo (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Togo
Top Destination
United Arab Emirates$2.65B

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

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

In 2023, countries that imported more from Togo than Paraguay included United Arab Emirates ($2.65B), Angola ($856M), and India ($859M).

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

Comparative Advantage Paraguay - Togo

Flow
Scale

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

During 2022, Paraguay had a large net trade with Togo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Togo+$2.24kRice
Top Product Potential Togo Paraguay+$727kRefined Petroleum

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

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

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