Merchandise exports to high-income economies in Paraguay
Paraguay: Merchandise exports to high-income economies was 27.3% in 2023. ▼ Falling
Merchandise exports to high-income economies in Paraguay, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Paraguay recorded 27.3% for merchandise exports to high-income economies in 2023.
That represents a change of down 15.5% on the previous year and down 34.7% over ten years.
Over the whole period, merchandise exports to high-income economies in Paraguay peaked at 81.6% in 1976 and was at its lowest, 18.2%, in 2002.
That places Paraguay 181st out of 206 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Paraguay, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 67.0% | — |
| 1961 | 65.7% | -1.9% |
| 1962 | 64.7% | -1.6% |
| 1963 | 72.7% | +12.4% |
| 1964 | 71.6% | -1.5% |
| 1965 | 69.4% | -3.1% |
| 1966 | 63.3% | -8.8% |
| 1967 | 72.8% | +15.1% |
| 1968 | 69.6% | -4.4% |
| 1969 | 65.8% | -5.4% |
| 1970 | 64.1% | -2.5% |
| 1971 | 62.8% | -2.1% |
| 1972 | 73.4% | +16.9% |
| 1973 | 78.7% | +7.1% |
| 1974 | 69.5% | -11.6% |
| 1975 | 64.0% | -8.0% |
| 1976 | 81.6% | +27.5% |
| 1977 | 79.0% | -3.1% |
| 1978 | 81.1% | +2.6% |
| 1979 | 71.4% | -12.0% |
| 1980 | 58.5% | -18.0% |
| 1981 | 53.8% | -8.1% |
| 1982 | 48.7% | -9.4% |
| 1983 | 61.0% | +25.1% |
| 1984 | 62.3% | +2.2% |
| 1985 | 71.4% | +14.6% |
| 1986 | 40.7% | -43.1% |
| 1987 | 62.2% | +53.0% |
| 1988 | 62.7% | +0.8% |
| 1989 | 59.8% | -4.7% |
| 1990 | 57.7% | -3.5% |
| 1991 | 61.5% | +6.6% |
| 1992 | 58.4% | -5.0% |
| 1993 | 58.2% | -0.3% |
| 1994 | 46.5% | -20.2% |
| 1995 | 39.6% | -14.9% |
| 1996 | 36.3% | -8.3% |
| 1997 | 43.3% | +19.5% |
| 1998 | 41.7% | -3.7% |
| 1999 | 39.0% | -6.6% |
| 2000 | 42.0% | +7.8% |
| 2001 | 20.2% | -51.9% |
| 2002 | 18.2% | -9.9% |
| 2003 | 23.1% | +27.0% |
| 2004 | 30.0% | +29.6% |
| 2005 | 29.2% | -2.5% |
| 2006 | 30.4% | +3.8% |
| 2007 | 25.1% | -17.3% |
| 2008 | 28.4% | +13.1% |
| 2009 | 29.0% | +2.1% |
| 2010 | 39.8% | +37.2% |
| 2011 | 40.8% | +2.6% |
| 2012 | 36.1% | -11.5% |
| 2013 | 41.9% | +16.0% |
| 2014 | 42.2% | +0.6% |
| 2015 | 42.5% | +0.7% |
| 2016 | 37.0% | -12.9% |
| 2017 | 37.3% | +1.0% |
| 2018 | 31.2% | -16.4% |
| 2019 | 32.7% | +4.8% |
| 2020 | 30.0% | -8.2% |
| 2021 | 30.8% | +2.5% |
| 2022 | 32.3% | +5.0% |
| 2023 | 27.3% | -15.5% |
Paraguay compared with similar countries
- Paraguay's 27.3% is below the median for upper middle income countries, which is 65.7%, 42% of the median. (59 countries reporting)
- Paraguay's 27.3% is below the median for Latin America & Caribbean, which is 66.4%, 41% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 68.2% | 63.3% | 72.8% | 10 |
| 1970s | 72.6% | 62.8% | 81.6% | 10 |
| 1980s | 58.1% | 40.7% | 71.4% | 10 |
| 1990s | 48.2% | 36.3% | 61.5% | 10 |
| 2000s | 27.6% | 18.2% | 42.0% | 10 |
| 2010s | 38.1% | 31.2% | 42.5% | 10 |
| 2020s | 30.1% | 27.3% | 32.3% | 4 |
Countries ranked near Paraguay
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.86 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Paraguay?
- Merchandise exports to high-income economies in Paraguay was 27.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Paraguay?
- The highest recorded value was 81.6% in 1976.
- What is the lowest merchandise exports to high-income economies recorded in Paraguay?
- The lowest recorded value was 18.2% in 2002.
- How does Paraguay rank for merchandise exports to high-income economies?
- Paraguay ranks 181st out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Paraguay?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is falling.
- Where does this Paraguay data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.