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2022
Flag → Flag
Exports $477kRnk 132 / 194
2022
Flag → Flag
Top Product $153kOther Plastic Products
2022
Flag → Flag
Exports $414kRnk 114 / 158
2022
Flag → Flag
Top Product $413kWood Charcoal
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Cyprus-Paraguay Trade: In 2022, Cyprus exported $477k to Paraguay. The main products that Cyprus exported to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). Over the past 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 62.9%, from $41.5k in 2017 to $477k in 2022.

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

Paraguay-Cyprus Trade: In 2022, Paraguay exported $414k to Cyprus. The main products that Paraguay exported to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). Over the past 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%,  from $296k in 2017 to $414k in 2022.

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

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $477k to Paraguay. The main products exported from Cyprus to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). During the last 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 62.9%, from $41.5k in 2017 to $477k in 2022.

In 2017, Paraguay exported $414k to Cyprus. The main products exported from Paraguay to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). During the last 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%, from $296k in 2022 to $414k in 2017.

Exports from Cyprus (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Paraguay (Flag)

Cyprus Exports

Paraguay Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Cyprus than Paraguay included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Difference in imports from Paraguay (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Paraguay

Flow
Scale

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

During 2022, Cyprus had a large net trade with Paraguay in the exports of Machines ($214k), Plastics and Rubbers ($156k), and Transportation ($47.5k).

During 2017, Paraguay had a large net trade with Cyprus in the exports of Wood Products ($413k), Textiles ($1.01k), and Machines ($65).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Paraguay (Flag) (2022)

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