France (FRA) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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France-Paraguay Trade: In 2023, France exported $133M to Paraguay. The main products that France exported to Paraguay were Perfumes ($30.1M), Vaccines, blood, antisera, toxins and cultures ($16.6M), and Beauty Products ($8.01M). Over the past 5 years the exports of France to Paraguay have increased at an annualized rate of 3.86%, from $110M in 2018 to $133M in 2023.

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

Paraguay-France Trade: In 2023, Paraguay exported $24.8M to France. The main products that Paraguay exported to France were Soybean Meal ($8.86M), Other Inedible Animal Products ($3.1M), and Vaccines, blood, antisera, toxins and cultures ($2.78M). Over the past 5 years the exports of Paraguay to France have decreased at an annualized rate of 7.64%, from $37M in 2018 to $24.8M in 2023.

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

Comparison: In 2023, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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, France exported $133M to Paraguay. The main products exported from France to Paraguay were Perfumes ($30.1M), Vaccines, blood, antisera, toxins and cultures ($16.6M), and Beauty Products ($8.01M). During the last 5 years the exports of France to Paraguay have increased at an annualized rate of 3.86%, from $110M in 2018 to $133M in 2023.

In 2018, Paraguay exported $24.8M to France. The main products exported from Paraguay to France were Soybean Meal ($8.86M), Other Inedible Animal Products ($3.1M), and Vaccines, blood, antisera, toxins and cultures ($2.78M). During the last 5 years the exports of Paraguay to France have decreased at an annualized rate of 7.64%, from $37M in 2023 to $24.8M in 2018.

Exports from France () to Paraguay () (2023)

Exports from Paraguay () to France () (2023)

Latest Data

Trade between France () and Paraguay ()

France Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$72.8B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from France than Paraguay included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

In 2023, countries that imported more from Paraguay than France included Argentina ($4B), Uruguay ($274M), and Bolivia ($167M).

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

Comparative Advantage France - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, France had a large net trade with Paraguay in the exports of Chemical Products ($74.4M), Transportation ($15.7M), and Machines ($14.6M).

During 2018, Paraguay had a large net trade with France in the exports of Foodstuffs ($14.2M), Chemical Products ($4.44M), and Animal Products ($3.18M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential France Paraguay+$8.75MCars

Top Product Potential Paraguay France+$5.04MSoybean Meal

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

About

Historical Data

Bilateral Trade by Products

Exports from France () to Paraguay () (2023)

Exports from Paraguay () to France () (2023)

Latest Data

Trade between France () and Paraguay ()

France Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage France - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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