Ukraine (UKR) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Ukraine-Paraguay Trade: In 2023, Ukraine exported $184k to Paraguay. The main products that Ukraine exported to Paraguay were Photo Lab Equipment ($40.4k), Mill Machinery ($37k), and Packaged Medicaments ($28k). Over the past 5 years the exports of Ukraine to Paraguay have decreased at an annualized rate of 27.3%, from $906k in 2018 to $184k in 2023.

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

Paraguay-Ukraine Trade: In 2023, Paraguay exported $247k to Ukraine. The main products that Paraguay exported to Ukraine were Other Oily Seeds ($131k), Ground Nuts ($79.6k), and Non-Knit Women's Suits ($10.9k). Over the past 5 years the exports of Paraguay to Ukraine have decreased at an annualized rate of 0.26%, from $253k in 2018 to $247k in 2023.

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

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $184k to Paraguay. The main products exported from Ukraine to Paraguay were Photo Lab Equipment ($40.4k), Mill Machinery ($37k), and Packaged Medicaments ($28k). During the last 5 years the exports of Ukraine to Paraguay have decreased at an annualized rate of 27.3%, from $906k in 2018 to $184k in 2023.

In 2018, Paraguay exported $247k to Ukraine. The main products exported from Paraguay to Ukraine were Other Oily Seeds ($131k), Ground Nuts ($79.6k), and Non-Knit Women's Suits ($10.9k). During the last 5 years the exports of Paraguay to Ukraine have decreased at an annualized rate of 0.26%, from $253k in 2023 to $247k in 2018.

Exports from Ukraine () to Paraguay () (2023)

Exports from Paraguay () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Paraguay ()

Ukraine Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Ukraine than Paraguay included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

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

Comparative Advantage Ukraine - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Paraguay in the exports of Machines ($56k), Instruments ($41.2k), and Chemical Products ($33.1k).

During 2018, Paraguay had a large net trade with Ukraine in the exports of Vegetable Products ($214k), Textiles ($14.2k), and Chemical Products ($12.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Paraguay+$97.5kTelephones

Top Product Potential Paraguay Ukraine+$68.8kOther Oily Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Paraguay () (2023)

Exports from Paraguay () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Paraguay ()

Ukraine Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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