2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

British Virgin Islands-Paraguay Trade: In 2022, British Virgin Islands exported $14.8k to Paraguay. The main products that British Virgin Islands exported to Paraguay were N/A. Over the past 7 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 21.3%, from $79.5k in 2015 to $14.8k in 2022.

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

Paraguay-British Virgin Islands Trade: In 2022, Paraguay exported $89.1k to British Virgin Islands. The main products that Paraguay exported to British Virgin Islands were Rolled Tobacco ($88k) and Other Vegetable Residues ($1.08k). Over the past 7 years the exports of Paraguay to British Virgin Islands have decreased at an annualized rate of 27.8%,  from $454k in 2015 to $89.1k in 2022.

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

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $14.8k to Paraguay. There were not main exports from British Virgin Islands to Paraguay in 2022. During the last 7 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 21.3%, from $79.5k in 2015 to $14.8k in 2022.

In 2018, Paraguay exported $89.1k to British Virgin Islands. The main products exported from Paraguay to British Virgin Islands were Rolled Tobacco ($88k) and Other Vegetable Residues ($1.08k). During the last 5 years the exports of Paraguay to British Virgin Islands have decreased at an annualized rate of 27.8%, from $454k in 2023 to $89.1k in 2018.

Exports from British Virgin Islands (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

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

Paraguay Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Paraguay
Top Destination
Argentina$4B

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

In 2023, countries that imported more from British Virgin Islands than Paraguay included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

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

Difference in imports from Paraguay (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Paraguay

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Paraguay in the exports of .

During 2018, Paraguay had a large net trade with British Virgin Islands in the exports of Foodstuffs ($89.1k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Paraguay (Flag) (2023)

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