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Pricing

2022
Flag → Flag
Exports $76.3kRnk 97 / 149
2022
Flag → Flag
Top Product $33.9kVideo Recording Equipment
2022
Flag → Flag
Exports $105kRnk 133 / 158
2022
Flag → Flag
Top Product $40kOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI -0.37Rnk 79 / 124
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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 $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Trinidad and Tobago-Paraguay In 2022, Trinidad and Tobago exported $76.3k to Paraguay. The main products that Trinidad and Tobago exported to Paraguay are Video Recording Equipment ($33.9k), Sauces and Seasonings ($19.2k), and Scales ($7.05k). During the last 27 years the exports of Trinidad and Tobago to Paraguay have decreased at an annualized rate of 0.38%, from $84.5k in 1995 to $76.3k in 2022.

In 2022, Trinidad and Tobago did not export any services to Paraguay.

Paraguay-Trinidad and Tobago In 2022, Paraguay exported $105k to Trinidad and Tobago. The main products that Paraguay exported to Trinidad and Tobago were Other Oily Seeds ($40k), Buckwheat ($33.6k), and Cars ($20.8k). During the last 27 years the exports of Paraguay to Trinidad and Tobago have increased at an annualized rate of 2.12%, from $59.7k in 1995 to $105k in 2022.

In 2022, Paraguay did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 79 in the Economic Complexity Index (ECI -0.37), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $76.3k to Paraguay. The main products exported from Trinidad and Tobago to Paraguay were Video Recording Equipment ($33.9k), Sauces and Seasonings ($19.2k), and Scales ($7.05k). During the last 27 years the exports of Trinidad and Tobago to Paraguay have decreased at an annualized rate of 0.38%, from $84.5k in 1995 to $76.3k in 2022.

In 2022, Paraguay exported $105k to Trinidad and Tobago. The main products exported from Paraguay to Trinidad and Tobago were Other Oily Seeds ($40k), Buckwheat ($33.6k), and Cars ($20.8k). During the last 27 years the exports of Paraguay to Trinidad and Tobago have increased at an annualized rate of 2.12%, from $59.7k in 1995 to $105k in 2022.

Exports from Trinidad and Tobago (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Paraguay
Top DestinationBrazil$3.67B

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

In 2021, countries that imported more from Trinidad and Tobago than Paraguay were United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2021, countries that imported more from Paraguay than Trinidad and Tobago were Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

Difference in imports from Paraguay (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Paraguay

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Paraguay in the exports of Machines ($46.7k), Foodstuffs ($22.6k), and Chemical Products ($6.45k).

During 2022, Paraguay had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($76.3k), Transportation ($20.8k), and Foodstuffs ($8.06k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Trinidad and Tobago has comparative advantage over Paraguay. Similarly, the more yellow a dot/product is, the more Paraguay has comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Paraguay (Flag) (2022)

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