Guyana (GUY) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Guyana-Paraguay Trade: In 2022, Guyana exported $1.19k to Paraguay. The main products that Guyana exported to Paraguay were Harvesting Machinery ($1.11k), Engine Parts ($74), and Other Plastic Products ($3). Over the past 10 years the exports of Guyana to Paraguay have decreased at an annualized rate of 34.9%, from $87.6k in 2012 to $1.19k in 2022.

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

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

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), 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, Guyana exported $1.19k to Paraguay. The main products exported from Guyana to Paraguay were Harvesting Machinery ($1.11k), Engine Parts ($74), and Other Plastic Products ($3). During the last 10 years the exports of Guyana to Paraguay have decreased at an annualized rate of 34.9%, from $87.6k in 2012 to $1.19k in 2022.

Paraguay does not register exports to Guyana. The main products exported from Paraguay to Guyana were Centrifuges ($509k), Other Iron Products ($424k), and Tractors ($326k).

Exports from Guyana () to Paraguay () (2022)

Exports from Paraguay () to Guyana () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Guyana than Paraguay included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

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

Comparative Advantage Guyana - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Paraguay in the exports of Machines ($1.19k) and Plastics and Rubbers ($3).

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Paraguay () (2022)

Exports from Paraguay () to Guyana () (2022)

Market Competitiveness

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

Comparative Advantage Guyana - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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