NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $97.8kRnk 110 / 130
2023
Flag → Flag
Top Product $88.1kKnotted Carpets
2023
Flag → Flag
Exports $25.6kRnk 25 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH-2.48%CURRENT US$
Rnk 157 / 195

About

Iran-Paraguay Trade: In 2023, Iran exported $97.8k to Paraguay. The main products that Iran exported to Paraguay were Knotted Carpets ($88.1k) and Vegetable Alkaloids ($9.77k). Over the past 6 years the exports of Iran to Paraguay have decreased at an annualized rate of 16.6%, from $290k in 2017 to $97.8k in 2023.

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

Paraguay-Iran Trade: In 2023, Paraguay exported $25.6k to Iran. The main products that Paraguay exported to Iran were N/A. Over the past 6 years the exports of Paraguay to Iran have decreased at an annualized rate of 77.4%,  from $43.7M in 2017 to $25.6k in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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
Value

In 2023, Iran exported $97.8k to Paraguay. The main products exported from Iran to Paraguay were Knotted Carpets ($88.1k) and Vegetable Alkaloids ($9.77k). During the last 6 years the exports of Iran to Paraguay have decreased at an annualized rate of 16.6%, from $290k in 2017 to $97.8k in 2023.

In 2017, Paraguay exported $25.6k to Iran. There were not main exports from Paraguay to Iran in 2017. During the last 5 years the exports of Paraguay to Iran have decreased at an annualized rate of 77.4%, from $43.7M in 2022 to $25.6k in 2017.

Exports from Iran (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Iran (Flag) (2023)

Latest Data

Trade between Iran (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Iran than Paraguay included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

Difference in imports from Paraguay (Flag) and Iran (Flag) (2023)

Comparative Advantage Iran - Paraguay

Flow
Scale

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

During 2023, Iran had a large net trade with Paraguay in the exports of Textiles ($88.1k) and Chemical Products ($9.77k).

During 2017, Paraguay had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Paraguay+$3.1kRefined Petroleum
Top Product Potential Paraguay Iran+$165kRice

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iran and Paraguay. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Iran.

Product Space of Iran (Flag) and Paraguay (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms