British Virgin Islands (VGB) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

British Virgin Islands-Paraguay Trade: In 2022, British Virgin Islands exported $14.6k to Paraguay. The main products that British Virgin Islands exported to Paraguay were Ornamental Ceramics ($11.3k) and Low-voltage Protection Equipment ($3.33k). Over the past 7 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 21.1%, from $76.6k in 2015 to $14.6k in 2022.

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

Paraguay-British Virgin Islands In N/A, Paraguay did not export any products to British Virgin Islands.

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

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. 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, British Virgin Islands exported $14.6k to Paraguay. The main products exported from British Virgin Islands to Paraguay were Ornamental Ceramics ($11.3k) and Low-voltage Protection Equipment ($3.33k). During the last 7 years the exports of British Virgin Islands to Paraguay have decreased at an annualized rate of 21.1%, from $76.6k in 2015 to $14.6k in 2022.

Paraguay does not register exports to British Virgin Islands. The main products exported from Paraguay to British Virgin Islands were Rolled Tobacco ($694k).

Exports from British Virgin Islands () to Paraguay () (2022)

Exports from Paraguay () to British Virgin Islands () (2022)

Latest Data

Trade between British Virgin Islands () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Paraguay
Top DestinationBrazil$3.67B

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 2022, countries that imported more from British Virgin Islands than Paraguay included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

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

Difference in imports from Paraguay () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 Stone And Glass ($11.3k) and Machines ($3.33k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Paraguay () (2022)

Exports from Paraguay () to British Virgin Islands () (2022)

Latest Data

Trade between British Virgin Islands () and Paraguay ()

Paraguay Exports

Market Competitiveness

Difference in imports from Paraguay () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Paraguay () (2022)

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