2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Malaysia-Paraguay Trade: In 2022, Malaysia exported $27.5M to Paraguay. The main products that Malaysia exported to Paraguay were Integrated Circuits ($7.42M), Broadcasting Equipment ($2.87M), and Rubber Apparel ($2.32M). Over the past 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 11.4%, from $16.1M in 2017 to $27.5M in 2022.

In 2022, Malaysia did not export any services to Paraguay.

Paraguay-Malaysia Trade: In 2022, Paraguay exported $4.67M to Malaysia. The main products that Paraguay exported to Malaysia were Combustion Engines ($1.05M), Poultry Meat ($727k), and Scrap Aluminium ($643k). Over the past 5 years the exports of Paraguay to Malaysia have decreased at an annualized rate of 12.6%,  from $9.13M in 2017 to $4.67M in 2022.

In 2022, Paraguay did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $27.5M to Paraguay. The main products exported from Malaysia to Paraguay were Integrated Circuits ($7.42M), Broadcasting Equipment ($2.87M), and Rubber Apparel ($2.32M). During the last 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 11.4%, from $16.1M in 2017 to $27.5M in 2022.

In 2017, Paraguay exported $4.67M to Malaysia. The main products exported from Paraguay to Malaysia were Combustion Engines ($1.05M), Poultry Meat ($727k), and Scrap Aluminium ($643k). During the last 5 years the exports of Paraguay to Malaysia have decreased at an annualized rate of 12.6%, from $9.13M in 2022 to $4.67M in 2017.

Exports from Malaysia (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Malaysia than Paraguay included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Paraguay than Malaysia included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

Difference in imports from Paraguay (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Paraguay

Flow
Scale

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

During 2022, Malaysia had a large net trade with Paraguay in the exports of N/A.

During 2017, Paraguay had a large net trade with Malaysia in the exports of Metals ($1.9M), Machines ($1.08M), and Animal Products ($909k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Paraguay+$5.8MTelephones
Top Product Potential Paraguay Malaysia+$776kScrap Aluminium

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

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

Product Space of Malaysia (Flag) and Paraguay (Flag) (2022)

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