Paraguay

-0.57

Econ Complexity 91st of 184
1980
2015

$8.33B

Exports 93rd of 221
1980
2015

$10.1B

Imports 96th of 221
1980
2015

$9.2k

GDP Per Capita 105th of 184
1990
2015

Paraguay is the 93rd largest export economy in the world and the 91st most complex economy according to the Economic Complexity Index (ECI). In 2015, Paraguay exported $8.33B and imported $10.1B, resulting in a negative trade balance of $1.82B. In 2015 the GDP of Paraguay was $27.1B and its GDP per capita was $9.2k.

The top exports of Paraguay are Electricity ($2.01B), Soybeans ($1.57B), Soybean Meal ($845M), Frozen Bovine Meat ($653M) and Bovine Meat ($462M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($905M), Cars ($481M), Pesticides ($339M), Broadcasting Equipment ($316M) and Mixed Mineral or Chemical Fertilizers ($312M).

The top export destinations of Paraguay are Brazil ($2.62B), Russia ($760M), Chile ($638M), Argentina ($540M) and Italy ($314M). The top import origins are Brazil ($2.56B), China ($2.38B), Argentina ($1.21B), the United States ($830M) and Chile ($418M).

Paraguay borders Argentina, Bolivia and Brazil.

Economic Complexity of Paraguay

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