Micronesia (FSM) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Micronesia-Paraguay Trade: In 2022, Micronesia exported $10.9k to Paraguay. The main products that Micronesia exported to Paraguay were Raw Iron Bars ($7.84k) and Interchangeable Tool Parts ($3.07k). Over the past 13 years the exports of Micronesia to Paraguay have increased at an annualized rate of 23.6%, from $693 in 2009 to $10.9k in 2022.

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

Paraguay-Micronesia In false, Paraguay did not export any products to Micronesia.

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

Comparison In 2022, Micronesia ranked 191 in total exports ($183M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Micronesia exported $10.9k to Paraguay. The main products exported from Micronesia to Paraguay were Raw Iron Bars ($7.84k) and Interchangeable Tool Parts ($3.07k). During the last 13 years the exports of Micronesia to Paraguay have increased at an annualized rate of 23.6%, from $693 in 2009 to $10.9k in 2022.

Paraguay does not register exports to Micronesia.

Exports from Micronesia () to Paraguay () (2022)

Exports from Paraguay () to Micronesia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Micronesia than Paraguay included Thailand ($143M), Philippines ($22.7M), and Fiji ($1.5M).

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

Difference in imports from Paraguay () and Micronesia () (2022)

Comparative Advantage Micronesia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with Paraguay in the exports of Metals ($10.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Paraguay () (2022)

Exports from Paraguay () to Micronesia () (2022)

Market Competitiveness

Difference in imports from Paraguay () and Micronesia () (2022)

Comparative Advantage Micronesia - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Paraguay () (2022)

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