Czechia (CZE) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Czechia-Paraguay Trade: In 2023, Czechia exported $8.74M to Paraguay. The main products that Czechia exported to Paraguay were Other Firearms ($617k), Rubber Tires ($531k), and Insulated Wire ($526k). Over the past 5 years the exports of Czechia to Paraguay have increased at an annualized rate of 4.67%, from $6.96M in 2018 to $8.74M in 2023.

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

Paraguay-Czechia Trade: In 2023, Paraguay exported $1.07M to Czechia. The main products that Paraguay exported to Czechia were Other Oily Seeds ($262k), Vaccines, blood, antisera, toxins and cultures ($248k), and Mate ($110k). Over the past 5 years the exports of Paraguay to Czechia have increased at an annualized rate of 8.86%, from $592k in 2018 to $1.07M in 2023.

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

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $8.74M to Paraguay. The main products exported from Czechia to Paraguay were Other Firearms ($617k), Rubber Tires ($531k), and Insulated Wire ($526k). During the last 5 years the exports of Czechia to Paraguay have increased at an annualized rate of 4.67%, from $6.96M in 2018 to $8.74M in 2023.

In 2018, Paraguay exported $1.07M to Czechia. The main products exported from Paraguay to Czechia were Other Oily Seeds ($262k), Vaccines, blood, antisera, toxins and cultures ($248k), and Mate ($110k). During the last 5 years the exports of Paraguay to Czechia have increased at an annualized rate of 8.86%, from $592k in 2023 to $1.07M in 2018.

Exports from Czechia () to Paraguay () (2023)

Exports from Paraguay () to Czechia () (2023)

Latest Data

Trade between Czechia () and Paraguay ()

Czechia Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Czechia than Paraguay included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

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

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

Comparative Advantage Czechia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Paraguay in the exports of Machines ($3.69M), Weapons ($1.49M), and Plastics and Rubbers ($1.13M).

During 2018, Paraguay had a large net trade with Czechia in the exports of Vegetable Products ($464k), Chemical Products ($255k), and Foodstuffs ($170k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Paraguay+$1.49MRubber Tires

Top Product Potential Paraguay Czechia+$204kOther 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 Czechia and Paraguay. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Czechia.

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Paraguay () (2023)

Exports from Paraguay () to Czechia () (2023)

Latest Data

Trade between Czechia () and Paraguay ()

Czechia Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Czechia - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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