Kazakhstan (KAZ) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Kazakhstan-Paraguay Trade: In 2022, Kazakhstan exported $16.4M to Paraguay. The main products that Kazakhstan exported to Paraguay were Refined Petroleum ($16.3M), Ferroalloys ($23.7k), and Knit Men's Suits ($2.12k). Over the past 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 686%, from $547 in 2017 to $16.4M in 2022.

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

Paraguay-Kazakhstan Trade: In 2022, Paraguay exported $801k to Kazakhstan. The main products that Paraguay exported to Kazakhstan were Frozen Bovine Meat ($369k), Butter ($226k), and Concentrated Milk ($173k). Over the past 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 29%, from $4.42M in 2017 to $801k in 2022.

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

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $16.4M to Paraguay. The main products exported from Kazakhstan to Paraguay were Refined Petroleum ($16.3M), Ferroalloys ($23.7k), and Knit Men's Suits ($2.12k). During the last 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 686%, from $547 in 2017 to $16.4M in 2022.

In 2017, Paraguay exported $801k to Kazakhstan. The main products exported from Paraguay to Kazakhstan were Frozen Bovine Meat ($369k), Butter ($226k), and Concentrated Milk ($173k). During the last 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 29%, from $4.42M in 2022 to $801k in 2017.

Exports from Kazakhstan () to Paraguay () (2022)

Exports from Paraguay () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Kazakhstan than Paraguay included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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

Comparative Advantage Kazakhstan - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Paraguay in the exports of Mineral Products ($16.3M), Metals ($23.7k), and Textiles ($4.31k).

During 2017, Paraguay had a large net trade with Kazakhstan in the exports of Animal Products ($769k), Animal and Vegetable Bi-Products ($20.1k), and Textiles ($5.75k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Paraguay+$4.6MRefined Petroleum

Top Product Potential Paraguay Kazakhstan+$368kFrozen 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 Kazakhstan and Paraguay. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Kazakhstan.

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Paraguay () (2022)

Exports from Paraguay () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Paraguay ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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