Malawi (MWI) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Malawi-Paraguay Trade: In 2023, Malawi exported $573k to Paraguay. The main products that Malawi exported to Paraguay were Raw Tobacco ($573k). Over the past 5 years the exports of Malawi to Paraguay have decreased at an annualized rate of 15.6%, from $1.33M in 2018 to $573k in 2023.

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

Paraguay-Malawi Trade: In 2023, Paraguay exported $3.3k to Malawi. The main products that Paraguay exported to Malawi were Animal Meal and Pellets ($2.2k) and Animal Food ($1.11k). Over the past 5 years the exports of Paraguay to Malawi have decreased at an annualized rate of 42.7%, from $53.3k in 2018 to $3.3k in 2023.

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

Comparison In 2023, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. 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, Malawi exported $573k to Paraguay. The main products exported from Malawi to Paraguay were Raw Tobacco ($573k). During the last 5 years the exports of Malawi to Paraguay have decreased at an annualized rate of 15.6%, from $1.33M in 2018 to $573k in 2023.

In 2018, Paraguay exported $3.3k to Malawi. The main products exported from Paraguay to Malawi were Animal Meal and Pellets ($2.2k) and Animal Food ($1.11k). During the last 5 years the exports of Paraguay to Malawi have decreased at an annualized rate of 42.7%, from $53.3k in 2023 to $3.3k in 2018.

Exports from Malawi () to Paraguay () (2023)

Exports from Paraguay () to Malawi () (2023)

Latest Data

Trade between Malawi () and Paraguay ()

Paraguay Exports

Date

Sep 2017

Aug 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Malawi than Paraguay included Zimbabwe ($52.4M), South Africa ($48.2M), and Germany ($99.1M).

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

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

Comparative Advantage Malawi - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Paraguay in the exports of Foodstuffs ($573k).

During 2018, Paraguay had a large net trade with Malawi in the exports of Foodstuffs ($3.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Paraguay+$325kRaw Tobacco

Top Product Potential Paraguay Malawi+$1.48kElectricity

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 Malawi and Paraguay. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Malawi.

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Paraguay () (2023)

Exports from Paraguay () to Malawi () (2023)

Latest Data

Trade between Malawi () and Paraguay ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Malawi - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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