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Flag → Flag
Exports $663Rnk 61 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

In N/A, Rwanda did not export any services to Paraguay.

Paraguay-Rwanda Trade: In N/A, Paraguay exported $663 to Rwanda. The main products that Paraguay exported to Rwanda were N/A. Over the past N/A years the exports of Paraguay to Rwanda have decreased at an annualized rate of 2.51%,  from $877 in N/A to $663 in N/A.

In N/A, Paraguay did not export any services to Rwanda.

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

Rwanda does not register exports to Paraguay.

In 2015, Paraguay exported $663 to Rwanda. There were not main exports from Paraguay to Rwanda in 2015. During the last 5 years the exports of Paraguay to Rwanda have decreased at an annualized rate of 2.51%, from $877 in 2020 to $663 in 2015.

Exports from Rwanda (Flag) to Paraguay (Flag) (2020)

Exports from Paraguay (Flag) to Rwanda (Flag) (2020)

Latest Data

Trade between Rwanda (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Rwanda than Paraguay included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

Difference in imports from Paraguay (Flag) and Rwanda (Flag) (2022)

Comparative Advantage Rwanda - Paraguay

Flow
Scale

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

During 2015, Paraguay had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Paraguay+$1.32kTelephones
Top Product Potential Paraguay Rwanda+$1.79kCorn

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

Product Space of Rwanda (Flag) and Paraguay (Flag) (2020)

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