Slovenia (SVN) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Slovenia-Paraguay Trade: In 2023, Slovenia exported $3.26M to Paraguay. The main products that Slovenia exported to Paraguay were Video and Card Games ($1.26M), Knit Sweaters ($505k), and Wood Carpentry ($444k). Over the past 5 years the exports of Slovenia to Paraguay have increased at an annualized rate of 1.49%, from $3.03M in 2018 to $3.26M in 2023.

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

Paraguay-Slovenia Trade: In 2023, Paraguay exported $1.02M to Slovenia. The main products that Paraguay exported to Slovenia were Other Oily Seeds ($474k), Frozen Bovine Meat ($241k), and Bovine Meat ($145k). Over the past 5 years the exports of Paraguay to Slovenia have increased at an annualized rate of 29.4%, from $282k in 2018 to $1.02M in 2023.

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

Comparison: In 2023, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovenia exported $3.26M to Paraguay. The main products exported from Slovenia to Paraguay were Video and Card Games ($1.26M), Knit Sweaters ($505k), and Wood Carpentry ($444k). During the last 5 years the exports of Slovenia to Paraguay have increased at an annualized rate of 1.49%, from $3.03M in 2018 to $3.26M in 2023.

In 2018, Paraguay exported $1.02M to Slovenia. The main products exported from Paraguay to Slovenia were Other Oily Seeds ($474k), Frozen Bovine Meat ($241k), and Bovine Meat ($145k). During the last 5 years the exports of Paraguay to Slovenia have increased at an annualized rate of 29.4%, from $282k in 2023 to $1.02M in 2018.

Exports from Slovenia () to Paraguay () (2023)

Exports from Paraguay () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Paraguay ()

Slovenia Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$13.5B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Slovenia than Paraguay included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Difference in imports from Paraguay () and Slovenia () (2023)

Comparative Advantage Slovenia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovenia had a large net trade with Paraguay in the exports of Miscellaneous ($1.27M), Textiles ($752k), and Wood Products ($444k).

During 2018, Paraguay had a large net trade with Slovenia in the exports of Vegetable Products ($476k), Animal Products ($389k), and Foodstuffs ($124k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Paraguay+$428kPackaged Medicaments

Top Product Potential Paraguay Slovenia+$249kFrozen Bovine Meat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Paraguay () (2023)

Exports from Paraguay () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Paraguay ()

Slovenia Exports

Paraguay Exports

Market Competitiveness

Difference in imports from Paraguay () and Slovenia () (2023)

Comparative Advantage Slovenia - Paraguay

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Paraguay () (2023)

Keep Exploring