El Salvador (SLV) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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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.

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 2.82%, from $3.47M in 2017 to $4.1M in 2022.

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

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $851k in 2022.

In 2017, 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 2.82%, from $3.47M in 2022 to $4.1M in 2017.

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

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

Latest Data

Trade between El Salvador () and Paraguay ()

El Salvador Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Paraguay
Top DestinationBrazil$3.67B

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

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

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

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

Comparative Advantage El Salvador - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Paraguay in the exports of Miscellaneous ($281k), Plastics and Rubbers ($211k), and Metals ($113k).

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential El Salvador Paraguay+$190kPackaged Medicaments

Top Product Potential Paraguay El Salvador+$495kPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Paraguay ()

El Salvador Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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