Paraguay - Trade Openness 2024
76.83%
−5.57% from 2023
Paraguay's trade openness was 76.83% in 2024, decreased +5.57% from 82.41% in 2023. This was the 71st highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.00% | -19.3% |
| 2nd | Haiti | 22.25% | -27.7% |
| 3rd | United States | 25.38% | 0.3% |
| 4th | Bangladesh | 26.78% | -13.6% |
| 5th | Pakistan | 27.58% | -3.1% |
| 6th | Argentina | 27.93% | 4.7% |
| 7th | Turkmenistan | 28.73% | -15.7% |
| 8th | Cameroon | 34.40% | -9.2% |
| 9th | Brazil | 35.58% | 5.7% |
| 10th | Colombia | 37.03% | -8.3% |
| 11th | China | 37.20% | 3.0% |
| 12th | Guinea-Bissau | 38.81% | -4.1% |
| 13th | Russian Federation | 39.51% | -3.2% |
| 14th | Egypt, Arab Republic of | 39.60% | -2.1% |
| 15th | Algeria | 40.13% | -8.2% |
| 16th | Kenya | 40.19% | -2.3% |
| 17th | New Caledonia | 40.37% | -21.8% |
| 18th | Nepal | 40.53% | -2.5% |
| 19th | Sierra Leone | 40.55% | -26.7% |
| 20th | Benin | 40.64% | -9.0% |
| 21st | Zimbabwe | 41.49% | 3.0% |
| 22nd | Tanzania | 41.51% | 8.6% |
| 23rd | Gambia, The | 42.17% | 5.5% |
| 24th | Sri Lanka | 42.40% | -2.6% |
| 25th | Indonesia | 42.57% | 3.0% |
| 26th | Uganda | 42.65% | 27.9% |
| 27th | Comoros | 44.37% | -2.9% |
| 28th | India | 44.65% | -0.8% |
| 29th | Japan | 46.41% | 2.8% |
| 30th | Central African Republic | 46.43% | 6.8% |
| 31st | Bolivia, Plurinational State of | 46.98% | -5.3% |
| 32nd | Australia | 47.15% | -3.9% |
| 33rd | Guatemala | 47.34% | -2.0% |
| 34th | Chad | 47.87% | 2.1% |
| 35th | Mali | 49.90% | -13.3% |
| 36th | Niger | 49.98% | 7.5% |
| 37th | Angola | 50.84% | -4.1% |
| 38th | New Zealand | 51.22% | 1.6% |
| 39th | Côte d'Ivoire | 51.26% | 5.0% |
| 40th | Peru | 51.48% | 1.4% |
| 41st | Dominican Republic | 51.78% | 3.9% |
| 42nd | Iran, Islamic Republic of | 52.06% | 5.4% |
| 43rd | Uruguay | 52.46% | -0.8% |
| 44th | Israel | 54.45% | -6.1% |
| 45th | Türkiye | 54.60% | -16.9% |
| 46th | Saudi Arabia | 54.68% | 0.9% |
| 47th | Madagascar | 54.98% | -10.1% |
| 48th | Kazakhstan | 57.16% | -8.3% |
| 49th | Ecuador | 57.20% | 0.4% |
| 50th | Burkina Faso | 60.50% | -4.2% |
| 51st | Equatorial Guinea | 60.54% | -1.5% |
| 52nd | Uzbekistan | 60.73% | -8.1% |
| 53rd | South Africa | 61.65% | -6.1% |
| 54th | Zambia | 62.53% | -20.1% |
| 55th | Italy | 62.82% | -3.5% |
| 56th | United Kingdom | 62.84% | -3.3% |
| 57th | Chile | 63.86% | 5.2% |
| 58th | French Polynesia | 64.47% | -10.1% |
| 59th | Canada | 65.15% | -2.2% |
| 60th | Philippines | 65.89% | -2.3% |
| 61st | France | 68.11% | -3.6% |
| 62nd | Senegal | 68.14% | -4.6% |
| 63rd | Ghana | 69.79% | 8.4% |
| 64th | Spain | 69.95% | -2.6% |
| 65th | Rwanda | 69.95% | 7.8% |
| 66th | Iraq | 70.71% | 1.8% |
| 67th | Botswana | 71.11% | 3.3% |
| 68th | Costa Rica | 71.33% | -1.6% |
| 69th | Mexico | 74.59% | 1.4% |
| 70th | Bermuda | 75.29% | 2.3% |
| 71st | Paraguay | 76.83% | -6.8% |
| 72nd | Romania | 77.21% | -7.4% |
| 73rd | Ukraine | 77.75% | 0.3% |
| 74th | Germany | 79.09% | -3.5% |
| 75th | Bahamas, The | 79.24% | 3.5% |
| 76th | Albania | 79.45% | -3.5% |
| 77th | Samoa | 79.52% | -1.6% |
| 78th | West Bank and Gaza | 81.31% | 2.2% |
| 79th | Norway | 81.36% | 1.2% |
| 80th | Azerbaijan | 82.69% | -1.0% |
| 81st | Finland | 83.46% | -2.5% |
| 82nd | Panama | 83.67% | -5.3% |
| 83rd | Korea | 84.64% | 2.9% |
| 84th | El Salvador | 84.66% | 3.6% |
| 85th | Iceland | 85.97% | -1.6% |
| 86th | Moldova | 88.67% | -5.7% |
| 87th | Portugal | 89.70% | -3.7% |
| 88th | Greece | 89.78% | -2.9% |
| 89th | Honduras | 91.11% | -7.8% |
| 90th | European Union | 91.65% | -3.7% |
| 91st | Gabon | 92.05% | 0.6% |
| 92nd | Morocco | 92.19% | -1.0% |
| 93rd | Congo, Republic of | 93.19% | -3.1% |
| 94th | Mauritania | 93.60% | 1.6% |
| 95th | Puerto Rico (US) | 94.62% | -6.9% |
| 96th | Bosnia and Herzegovina | 95.16% | -4.5% |
| 97th | Timor-Leste | 95.45% | 6.9% |
| 98th | Mozambique | 95.66% | -9.8% |
| 99th | Cabo Verde | 96.51% | 1.5% |
| 100th | Guinea | 97.78% | 2.0% |
| 101st | Micronesia, Federated States of | 98.42% | 0.6% |
| 102nd | Nicaragua | 98.53% | -6.2% |
| 103rd | Jordan | 99.68% | -0.7% |
| 104th | Poland | 100.36% | -8.8% |
| 105th | Congo, Democratic Republic of | 100.55% | 15.9% |
| 106th | Georgia | 103.46% | -3.4% |
| 107th | Croatia | 104.91% | -2.2% |
| 108th | Faroe Islands | 105.75% | -6.7% |
| 109th | Sweden | 105.88% | -1.6% |
| 110th | Tunisia | 106.30% | -5.2% |
| 111th | Eswatini | 107.48% | 7.8% |
| 112th | Austria | 108.83% | -5.5% |
| 113th | Belize | 108.97% | 2.4% |
| 114th | Namibia | 109.63% | -1.0% |
| 115th | Montenegro | 109.94% | -5.9% |
| 116th | Bulgaria | 110.23% | -8.1% |
| 117th | Solomon Islands | 111.35% | 10.1% |
| 118th | Serbia | 111.73% | -2.4% |
| 119th | Kosovo | 113.79% | 3.5% |
| 120th | Oman | 114.85% | 7.9% |
| 121st | Marshall Islands | 123.81% | 4.5% |
| 122nd | Cuba | 124.86% | 3.6% |
| 123rd | Kyrgyz Republic | 127.65% | -3.6% |
| 124th | Libya | 128.82% | -19.2% |
| 125th | Somalia, Fed. Rep. | 130.33% | 26.4% |
| 126th | Czechia | 131.48% | -0.3% |
| 127th | Denmark | 131.77% | 1.7% |
| 128th | Belarus | 131.92% | 0.3% |
| 129th | Latvia | 132.26% | -2.5% |
| 130th | Brunei Darussalam | 132.59% | -3.1% |
| 131st | Switzerland | 134.10% | -0.9% |
| 132nd | North Macedonia | 136.32% | -7.8% |
| 133rd | Thailand | 136.75% | 6.2% |
| 134th | Malaysia | 137.36% | 3.6% |
| 135th | Mongolia | 138.45% | -3.1% |
| 136th | Macao SAR, China | 142.08% | -2.6% |
| 137th | Lithuania | 143.05% | -4.0% |
| 138th | Cambodia | 143.45% | 6.9% |
| 139th | Mauritius | 145.42% | -1.3% |
| 140th | Hungary | 146.50% | -7.5% |
| 141st | Armenia | 150.06% | 21.6% |
| 142nd | Estonia | 151.04% | -2.3% |
| 143rd | Netherlands | 153.83% | -6.8% |
| 144th | Slovenia | 155.66% | -2.8% |
| 145th | Maldives | 156.47% | 4.8% |
| 146th | Bahrain | 157.82% | 0.2% |
| 147th | Belgium | 158.93% | -4.2% |
| 148th | Aruba | 160.37% | 0.8% |
| 149th | Nauru | 165.85% | 15.2% |
| 150th | Slovak Republic | 171.21% | -5.6% |
| 151st | Viet Nam | 173.86% | 5.5% |
| 152nd | Seychelles | 188.37% | 4.2% |
| 153rd | Cyprus | 190.40% | -0.2% |
| 154th | Malta | 218.17% | -1.3% |
| 155th | Djibouti | 241.24% | -15.6% |
| 156th | Ireland | 246.17% | 2.7% |
| 157th | Singapore | 322.37% | -1.0% |
| 158th | Luxembourg | 351.27% | -12.7% |
| 159th | Hong Kong SAR, China | 359.51% | 1.8% |
FAQ
What was Paraguay's trade openness in 2024?▾
Paraguay's trade openness in 2024 was 76.83%. This ranked 71st globally.
How did Paraguay's trade openness change in 2024?▾
Paraguay's trade openness decreased by 6.8% in 2024 compared to 2023.
Which country had the highest trade openness in 2024?▾
Hong Kong SAR, China had the highest trade openness in 2024 at 359.51%.
What is the trade openness of Paraguay in 2024?▾
The trade openness of Paraguay in 2024 was 76.83%. This ranked 71st globally.
How does 2024 compare to 2023 for Paraguay's trade openness?▾
Paraguay's trade openness went from 82.41% in 2023 to 76.83% in 2024, a 6.8% decrease.
Related
2023
2025
All years
Full ranking 2024
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 1994
Lowest: 1963
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Fiji
vs Suriname
vs Libya
vs South Africa
Mercosur Trade Openness
Global Ranking