Paraguay (PRY) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Paraguay-Tanzania Trade: In 2022, Paraguay exported $62.5k to Tanzania. The main products that Paraguay exported to Tanzania were Edible Offal ($62.3k) and Insulated Wire ($201). Over the past 7 years the exports of Paraguay to Tanzania have increased at an annualized rate of 5.03%, from $44.3k in 2015 to $62.5k in 2022.

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

Tanzania-Paraguay Trade: In 2022, Tanzania exported $1.36k to Paraguay. The main products that Tanzania exported to Paraguay were Centrifuges ($713), Air Pumps ($615), and Glass Mirrors ($36). Over the past 7 years the exports of Tanzania to Paraguay have decreased at an annualized rate of 72.5%, from $862k in 2015 to $1.36k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $62.5k to Tanzania. The main products exported from Paraguay to Tanzania were Edible Offal ($62.3k) and Insulated Wire ($201). During the last 7 years the exports of Paraguay to Tanzania have increased at an annualized rate of 5.03%, from $44.3k in 2015 to $62.5k in 2022.

In 2017, Tanzania exported $1.36k to Paraguay. The main products exported from Tanzania to Paraguay were Centrifuges ($713), Air Pumps ($615), and Glass Mirrors ($36). During the last 5 years the exports of Tanzania to Paraguay have decreased at an annualized rate of 72.5%, from $862k in 2022 to $1.36k in 2017.

Exports from Paraguay () to Tanzania () (2022)

Exports from Tanzania () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Tanzania ()

Paraguay Exports

Date

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Tanzania
Top DestinationIndia$2.73B

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

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

In 2022, countries that imported more from Tanzania than Paraguay included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Paraguay - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Tanzania in the exports of Animal Products ($62.3k) and Machines ($201).

During 2017, Tanzania had a large net trade with Paraguay in the exports of Machines ($1.33k) and Stone And Glass ($36).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Tanzania+$9.6kEdible Offal

Top Product Potential Tanzania Paraguay+$3.25kAir Pumps

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

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Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Tanzania () (2022)

Exports from Tanzania () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Tanzania ()

Paraguay Exports

Tanzania Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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