2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
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GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
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About

Paraguay-British Virgin Islands Trade: In 2022, Paraguay exported $694k to British Virgin Islands. The main products that Paraguay exported to British Virgin Islands were Rolled Tobacco ($694k). Over the past 8 years the exports of Paraguay to British Virgin Islands have increased at an annualized rate of 44.5%, from $36.5k in 2014 to $694k in 2022.

In 2022, Paraguay did not export any services to British Virgin Islands.

British Virgin Islands-Paraguay Trade: In 2022, British Virgin Islands exported $14.6k to Paraguay. The main products that British Virgin Islands exported to Paraguay were Ornamental Ceramics ($11.3k) and Low-voltage Protection Equipment ($3.33k). Over the past 8 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 35.5%,  from $131k in 2014 to $14.6k in 2022.

In 2022, British Virgin Islands 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, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $694k to British Virgin Islands. The main products exported from Paraguay to British Virgin Islands were Rolled Tobacco ($694k). During the last 8 years the exports of Paraguay to British Virgin Islands have increased at an annualized rate of 44.5%, from $36.5k in 2014 to $694k in 2022.

In 2017, British Virgin Islands exported $14.6k to Paraguay. The main products exported from British Virgin Islands to Paraguay were Ornamental Ceramics ($11.3k) and Low-voltage Protection Equipment ($3.33k). During the last 5 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 35.5%, from $131k in 2022 to $14.6k in 2017.

Exports from Paraguay (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and British Virgin Islands (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
British Virgin Islands
Top Destination
Malta$85.8M

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

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

In 2022, countries that imported more from British Virgin Islands than Paraguay included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

Difference in imports from British Virgin Islands (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - British Virgin Islands

Flow
Scale

This chart compares trade between Paraguay and British Virgin Islands by product, considering products traded by both, Paraguay and British Virgin Islands.

During 2022, Paraguay had a large net trade with British Virgin Islands in the exports of Foodstuffs ($694k).

During 2017, British Virgin Islands had a large net trade with Paraguay in the exports of Stone And Glass ($11.3k) and Machines ($3.33k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Paraguay and British Virgin Islands. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over British Virgin Islands. Similarly, a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Paraguay.

Product Space of Paraguay (Flag) and British Virgin Islands (Flag) (2022)

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