Paraguay (PRY) and Cameroon (CMR) Trade | The Observatory of Economic Complexity

About

Paraguay-Cameroon Trade: In 2022, Paraguay exported $4.83M to Cameroon. The main products that Paraguay exported to Cameroon were Corn ($2.38M), Concentrated Milk ($1.39M), and Passenger and Cargo Ships ($1.06M). Over the past 5 years the exports of Paraguay to Cameroon have increased at an annualized rate of 120%, from $93.6k in 2017 to $4.83M in 2022.

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

Cameroon-Paraguay Trade: In 2022, Cameroon exported $607 to Paraguay. The main products that Cameroon exported to Paraguay were Trunks and Cases ($583), Worked Ivory and Bone ($13), and Other Plastic Products ($6). Over the past 5 years the exports of Cameroon to Paraguay have decreased at an annualized rate of 23.7%, from $2.34k in 2017 to $607 in 2022.

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

Comparison: In 2022, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $4.83M to Cameroon. The main products exported from Paraguay to Cameroon were Corn ($2.38M), Concentrated Milk ($1.39M), and Passenger and Cargo Ships ($1.06M). During the last 5 years the exports of Paraguay to Cameroon have increased at an annualized rate of 120%, from $93.6k in 2017 to $4.83M in 2022.

In 2017, Cameroon exported $607 to Paraguay. The main products exported from Cameroon to Paraguay were Trunks and Cases ($583), Worked Ivory and Bone ($13), and Other Plastic Products ($6). During the last 5 years the exports of Cameroon to Paraguay have decreased at an annualized rate of 23.7%, from $2.34k in 2022 to $607 in 2017.

Exports from Paraguay () to Cameroon () (2022)

Exports from Cameroon () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cameroon ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Cameroon
Top DestinationNetherlands$1.31B

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

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

In 2022, countries that imported more from Cameroon than Paraguay included Netherlands ($1.31B), France ($1.02B), and India ($974M).

Difference in imports from Cameroon () and Paraguay () (2022)

Comparative Advantage Paraguay - Cameroon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Cameroon in the exports of Vegetable Products ($2.38M), Animal Products ($1.4M), and Transportation ($1.06M).

During 2017, Cameroon had a large net trade with Paraguay in the exports of Animal Hides ($583), Miscellaneous ($15), and Plastics and Rubbers ($6).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Cameroon+$11.8kPoultry Meat

Top Product Potential Cameroon Paraguay+$2.75kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Cameroon () (2022)

Exports from Cameroon () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cameroon ()

Paraguay Exports

Market Competitiveness

Difference in imports from Cameroon () and Paraguay () (2022)

Comparative Advantage Paraguay - Cameroon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Cameroon () (2022)

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