Paraguay (PRY) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Paraguay-South Africa Trade: In 2022, Paraguay exported $2.46M to South Africa. The main products that Paraguay exported to South Africa were Other Uncoated Paper ($1.1M), Animal Meal and Pellets ($701k), and Other Oily Seeds ($203k). Over the past 5 years the exports of Paraguay to South Africa have decreased at an annualized rate of 5.72%, from $3.3M in 2017 to $2.46M in 2022.

In 2022, Paraguay did not export any services to South Africa.

South Africa-Paraguay Trade: In 2022, South Africa exported $9.75M to Paraguay. The main products that South Africa exported to Paraguay were Hard Liquor ($2.58M), Propylene Polymers ($2.06M), and Rubber Tires ($1.06M). Over the past 5 years the exports of South Africa to Paraguay have decreased at an annualized rate of 1.64%, from $10.6M in 2017 to $9.75M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $2.46M to South Africa. The main products exported from Paraguay to South Africa were Other Uncoated Paper ($1.1M), Animal Meal and Pellets ($701k), and Other Oily Seeds ($203k). During the last 5 years the exports of Paraguay to South Africa have decreased at an annualized rate of 5.72%, from $3.3M in 2017 to $2.46M in 2022.

In 2017, South Africa exported $9.75M to Paraguay. The main products exported from South Africa to Paraguay were Hard Liquor ($2.58M), Propylene Polymers ($2.06M), and Rubber Tires ($1.06M). During the last 5 years the exports of South Africa to Paraguay have decreased at an annualized rate of 1.64%, from $10.6M in 2022 to $9.75M in 2017.

Exports from Paraguay () to South Africa () (2022)

Exports from South Africa () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and South Africa ()

Paraguay Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

South Africa
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from South Africa than Paraguay included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa () and Paraguay () (2022)

Comparative Advantage Paraguay - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with South Africa in the exports of Paper Goods ($1.17M), Foodstuffs ($730k), and Animal Products ($237k).

During 2017, South Africa had a large net trade with Paraguay in the exports of Plastics and Rubbers ($4.08M), Foodstuffs ($2.68M), and Chemical Products ($2.09M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay South Africa+$247kOther Uncoated Paper

Top Product Potential South Africa Paraguay+$1.32MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to South Africa () (2022)

Exports from South Africa () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and South Africa ()

Paraguay Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Paraguay () (2022)

Comparative Advantage Paraguay - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and South Africa () (2022)

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