Georgia (GEO) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Georgia-Paraguay Trade: In 2022, Georgia exported $12.9k to Paraguay. The main products that Georgia exported to Paraguay were Non-Knit Women's Suits ($4.64k), Safety Glass ($3.66k), and Knit Men's Suits ($3.11k). Over the past 5 years the exports of Georgia to Paraguay have increased at an annualized rate of 86.8%, from $567 in 2017 to $12.9k in 2022.

In 2022, Georgia did not export any services to Paraguay.

Paraguay-Georgia In N/A, Paraguay did not export any products to Georgia.

In 2022, Paraguay did not export any services to Georgia.

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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, Georgia exported $12.9k to Paraguay. The main products exported from Georgia to Paraguay were Non-Knit Women's Suits ($4.64k), Safety Glass ($3.66k), and Knit Men's Suits ($3.11k). During the last 5 years the exports of Georgia to Paraguay have increased at an annualized rate of 86.8%, from $567 in 2017 to $12.9k in 2022.

Paraguay does not register exports to Georgia. The main products exported from Paraguay to Georgia were Butter ($5.01M), Edible Offal ($1.5M), and Frozen Bovine Meat ($1.09M).

Exports from Georgia () to Paraguay () (2022)

Exports from Paraguay () to Georgia () (2022)

Latest Data

Trade between Georgia () and Paraguay ()

Georgia Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Georgia than Paraguay included China ($759M), Azerbaijan ($668M), and Armenia ($571M).

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

Difference in imports from Paraguay () and Georgia () (2022)

Comparative Advantage Georgia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Paraguay in the exports of Textiles ($8.38k), Stone And Glass ($3.66k), and Machines ($543).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Paraguay+$11.4kNon-Knit Women's Suits

Top Product Potential Paraguay Georgia+$566kFrozen Bovine Meat

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 Georgia and Paraguay. This means that a dot/product with the flag of Georgia indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Georgia.

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Paraguay () (2022)

Exports from Paraguay () to Georgia () (2022)

Latest Data

Trade between Georgia () and Paraguay ()

Georgia Exports

Paraguay Exports

Market Competitiveness

Difference in imports from Paraguay () and Georgia () (2022)

Comparative Advantage Georgia - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Georgia () and Paraguay () (2022)

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