Gabon (GAB) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Gabon-Paraguay Trade: In 2023, Gabon exported $1.17k to Paraguay. The main products that Gabon exported to Paraguay were Other Printed Material ($981), Paper Notebooks ($102), and Electromagnets ($84). Over the past 8 years the exports of Gabon to Paraguay have decreased at an annualized rate of 34.4%, from $34.2k in 2015 to $1.17k in 2023.

In 2023, Gabon did not export any services to Paraguay.

Paraguay-Gabon Trade: In 2023, Paraguay exported $4.85M to Gabon. The main products that Paraguay exported to Gabon were Edible Offal ($3.32M), Frozen Bovine Meat ($916k), and Poultry Meat ($410k). Over the past 8 years the exports of Paraguay to Gabon have decreased at an annualized rate of 7.44%, from $7.14M in 2015 to $4.85M in 2023.

In 2023, Paraguay did not export any services to Gabon.

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $1.17k to Paraguay. The main products exported from Gabon to Paraguay were Other Printed Material ($981), Paper Notebooks ($102), and Electromagnets ($84). During the last 8 years the exports of Gabon to Paraguay have decreased at an annualized rate of 34.4%, from $34.2k in 2015 to $1.17k in 2023.

In 2018, Paraguay exported $4.85M to Gabon. The main products exported from Paraguay to Gabon were Edible Offal ($3.32M), Frozen Bovine Meat ($916k), and Poultry Meat ($410k). During the last 5 years the exports of Paraguay to Gabon have decreased at an annualized rate of 7.44%, from $7.14M in 2023 to $4.85M in 2018.

Exports from Gabon () to Paraguay () (2023)

Exports from Paraguay () to Gabon () (2023)

Latest Data

Trade between Gabon () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Gabon than Paraguay included China ($2.77B), Indonesia ($875M), and Spain ($739M).

In 2023, countries that imported more from Paraguay than Gabon included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay () and Gabon () (2023)

Comparative Advantage Gabon - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Paraguay in the exports of Paper Goods ($1.08k) and Machines ($84).

During 2018, Paraguay had a large net trade with Gabon in the exports of Animal Products ($4.83M), Foodstuffs ($17.8k), and Vegetable Products ($766).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Paraguay+$2.82kRefined Petroleum

Top Product Potential Paraguay Gabon+$38.2kPoultry 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 Gabon and Paraguay. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Paraguay () (2023)

Exports from Paraguay () to Gabon () (2023)

Latest Data

Trade between Gabon () and Paraguay ()

Paraguay Exports

Market Competitiveness

Difference in imports from Paraguay () and Gabon () (2023)

Comparative Advantage Gabon - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Paraguay () (2023)

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