Paraguay-Bolivia (Plurinational State of) Bilateral Trade Analysis 2023
Complete trade statistics: $112.45M total volume •Paraguay surplus: $112.45M
Paraguay → Bolivia (Plurinational State of)
$112.45M
Exports (2023)
Bolivia (Plurinational State of) → Paraguay
$0
Imports (2023)
Trade Balance
$112.45M
Surplus for Paraguay
Total Trade
$112.45M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Paraguay and Bolivia (Plurinational State of). Green line shows exports from Paraguay, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Paraguay-Bolivia (Plurinational State of) commercial relationship and competitive positioning in global markets.
Paraguay → Bolivia (Plurinational State of) Exports
Export Market Intelligence
🎯 Strategic Export Focus
Paraguay's export portfolio to Bolivia (Plurinational State of) demonstrates strategic specialization, with herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles representing a key competitive advantage in this bilateral market.
Bolivia (Plurinational State of) → Paraguay Imports
Import Dependency Profile
📦 Import Strategy Analysis
Paraguay's import pattern from Bolivia (Plurinational State of) reveals significant dependencyin fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Paraguay demonstrates competitive strength in exportingherbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles to Bolivia (Plurinational State of), leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $112.45M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Paraguay-Bolivia (Plurinational State of) Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $112.45 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Paraguay maintains a surplus of $112.45 million
- Export Focus: Paraguay's primary exports include herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles, aluminium: casks, drums, cans, boxes and the like for any material (not compressed or liquefied gas), 300l capacity or less, whether or not lined or heat-insulated, no mechanical or thermal equipment, cereals: wheat and meslin, durum wheat, other than seed
- Import Dependencies: Key imports from Bolivia (Plurinational State of) include fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, petroleum gases and other gaseous hydrocarbons: liquefied, n.e.c. in heading no. 2711, electric accumulators: lead-acid, of a kind used for starting piston engines, including separators, whether or not rectangular (including square)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $112.45M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Paraguay leveraging its comparative advantages in herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Paraguay's specialization in herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articlescomplements Bolivia (Plurinational State of)'s demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $112.45M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $112.45M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $112.45 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles and fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Paraguay's trade surplus of $112.45 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Paraguay and Bolivia (Plurinational State of) represents a total trade volume of $112.45 million in 2023. This partnership demonstrates a favorable trade balance for Paraguay, with exports exceeding importsby $112.45 million.
Export Strengths
Paraguay's exports to Bolivia (Plurinational State of) total $112.45 million, with competitive advantages in herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles, representing $11.71M or10.4% of bilateral exports.
Import Dependencies
Imports from Bolivia (Plurinational State of) amount to $0.00, highlighting economic interdependence in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, with Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Paraguay's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Paraguay and Bolivia (Plurinational State of) in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023