Ethiopia (ETH) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Ethiopia-Paraguay Trade: In 2023, Ethiopia exported $7.06k to Paraguay. The main products that Ethiopia exported to Paraguay were Electrical Transformers ($6.93k), Carbonates ($87), and Knit Sweaters ($49). Over the past 10 years the exports of Ethiopia to Paraguay have decreased at an annualized rate of 9.53%, from $19.2k in 2013 to $7.06k in 2023.

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

Paraguay-Ethiopia In N/A, Paraguay did not export any products to Ethiopia.

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

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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, Ethiopia exported $7.06k to Paraguay. The main products exported from Ethiopia to Paraguay were Electrical Transformers ($6.93k), Carbonates ($87), and Knit Sweaters ($49). During the last 10 years the exports of Ethiopia to Paraguay have decreased at an annualized rate of 9.53%, from $19.2k in 2013 to $7.06k in 2023.

Paraguay does not register exports to Ethiopia.

Exports from Ethiopia () to Paraguay () (2023)

Exports from Paraguay () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Paraguay ()

Ethiopia Exports

Date

Dec 2015

Nov 2015

Aug 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Ethiopia than Paraguay included China ($402M), Saudi Arabia ($304M), and United States ($487M).

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

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

Comparative Advantage Ethiopia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Paraguay in the exports of Machines ($6.93k), Chemical Products ($87), and Textiles ($49).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Paraguay+$5.94kKnit Sweaters

Top Product Potential Paraguay Ethiopia+$3.2kWheat

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Paraguay () (2023)

Exports from Paraguay () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Paraguay ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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