2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC 
$6,276CURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Paraguay-Malta Trade: In 2023, Paraguay exported $47k to Malta. The main products that Paraguay exported to Malta were Wood Charcoal ($44.2k), Musical Instrument Parts ($2.06k), and Medical Instruments ($558). Over the past 5 years the exports of Paraguay to Malta have increased at an annualized rate of 29.3%, from $13k in 2018 to $47k in 2023.

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

Malta-Paraguay Trade: In 2023, Malta exported $1.25M to Paraguay. The main products that Malta exported to Paraguay were Self-adhesive Plastics ($1.18M), Packaged Medicaments ($45k), and Blank Audio Media ($15.3k). Over the past 5 years the exports of Malta to Paraguay have increased at an annualized rate of 66.9%,  from $96.9k in 2018 to $1.25M in 2023.

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

Comparison In 2023,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42),  and 94 in total exports ($12.2B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Paraguay exported $47k to Malta. The main products exported from Paraguay to Malta were Wood Charcoal ($44.2k), Musical Instrument Parts ($2.06k), and Medical Instruments ($558). During the last 5 years the exports of Paraguay to Malta have increased at an annualized rate of 29.3%, from $13k in 2018 to $47k in 2023.

In 2018, Malta exported $1.25M to Paraguay. The main products exported from Malta to Paraguay were Self-adhesive Plastics ($1.18M), Packaged Medicaments ($45k), and Blank Audio Media ($15.3k). During the last 5 years the exports of Malta to Paraguay have increased at an annualized rate of 66.9%, from $96.9k in 2023 to $1.25M in 2018.

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

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

Latest Data

Trade between Paraguay (Flag) and Malta (Flag)

Paraguay Exports

Malta Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Malta
Top Destination
Nigeria$2.26B

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

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

In 2023, countries that imported more from Malta than Paraguay included Nigeria ($2.26B), Germany ($849M), and China ($494M).

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

Comparative Advantage Paraguay - Malta

Flow
Scale

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

During 2023, Paraguay had a large net trade with Malta in the exports of Wood Products ($44.2k), Instruments ($2.62k), and Chemical Products ($208).

During 2018, Malta had a large net trade with Paraguay in the exports of Plastics and Rubbers ($1.18M), Chemical Products ($46.7k), and Machines ($24.4k).

Economic Complexity

Competitive Landscape

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

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

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