Iraq (IRQ) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Iraq-Paraguay Trade: In 2018, Iraq exported $18.7k to Paraguay. The main products that Iraq exported to Paraguay were N/A. Over the past 22 years the exports of Iraq to Paraguay have increased at an annualized rate of 0.41%, from $17.1k in 1996 to $18.7k in 2018.

In 2018, Iraq did not export any services to Paraguay.

Paraguay-Iraq Trade: In 2018, Paraguay exported $2.7M to Iraq. The main products that Paraguay exported to Iraq were Frozen Bovine Meat ($2.59M), Poultry Meat ($70.2k), and Other Oily Seeds ($39.9k). Over the past 22 years the exports of Paraguay to Iraq have decreased at an annualized rate of 26.4%, from $12.5M in 1996 to $2.7M in 2018.

In 2018, Paraguay did not export any services to Iraq.

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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 2018, Iraq exported $18.7k to Paraguay. There were not main exports from Iraq to Paraguay in 2018. During the last 22 years the exports of Iraq to Paraguay have increased at an annualized rate of 0.41%, from $17.1k in 1996 to $18.7k in 2018.

In 2017, Paraguay exported $2.7M to Iraq. The main products exported from Paraguay to Iraq were Frozen Bovine Meat ($2.59M), Poultry Meat ($70.2k), and Other Oily Seeds ($39.9k). During the last 5 years the exports of Paraguay to Iraq have decreased at an annualized rate of 26.4%, from $12.5M in 2022 to $2.7M in 2017.

Exports from Iraq () to Paraguay () (2022)

Exports from Paraguay () to Iraq () (2022)

Latest Data

Trade between Iraq () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Iraq than Paraguay included India ($38.8B), China ($34B), and United States ($10.3B).

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

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

Comparative Advantage Iraq - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Iraq had a large net trade with Paraguay in the exports of .

During 2017, Paraguay had a large net trade with Iraq in the exports of Animal Products ($2.66M) and Vegetable Products ($39.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Paraguay+$6.08kRefined Petroleum

Top Product Potential Paraguay Iraq+$1.35MFrozen Bovine Meat

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Paraguay () (2022)

Exports from Paraguay () to Iraq () (2022)

Latest Data

Trade between Iraq () and Paraguay ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Iraq - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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