Burma (MMR) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Burma-Paraguay Trade: In 2022, Burma exported $303k to Paraguay. The main products that Burma exported to Paraguay were Leather Footwear ($130k), Non-Knit Men's Shirts ($54k), and Knit Babies' Garments ($24.3k). Over the past 5 years the exports of Burma to Paraguay have increased at an annualized rate of 3.84%, from $251k in 2017 to $303k in 2022.

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

Paraguay-Burma Trade: In 2022, Paraguay exported $4.9M to Burma. The main products that Paraguay exported to Burma were Soybean Meal ($4.32M) and Other Oily Seeds ($585k). Over the past 5 years the exports of Paraguay to Burma have decreased at an annualized rate of 26.5%, from $22.8M in 2017 to $4.9M in 2022.

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

Comparison: In 2022, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). 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, Burma exported $303k to Paraguay. The main products exported from Burma to Paraguay were Leather Footwear ($130k), Non-Knit Men's Shirts ($54k), and Knit Babies' Garments ($24.3k). During the last 5 years the exports of Burma to Paraguay have increased at an annualized rate of 3.84%, from $251k in 2017 to $303k in 2022.

In 2017, Paraguay exported $4.9M to Burma. The main products exported from Paraguay to Burma were Soybean Meal ($4.32M) and Other Oily Seeds ($585k). During the last 5 years the exports of Paraguay to Burma have decreased at an annualized rate of 26.5%, from $22.8M in 2022 to $4.9M in 2017.

Exports from Burma () to Paraguay () (2022)

Exports from Paraguay () to Burma () (2022)

Latest Data

Trade between Burma () and Paraguay ()

Burma Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burma
Top DestinationChina$9.62B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Burma than Paraguay included China ($9.62B), Thailand ($3.48B), and Germany ($1.68B).

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

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

Comparative Advantage Burma - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burma had a large net trade with Paraguay in the exports of Footwear and Headwear ($133k), Textiles ($123k), and Animal Hides ($14.2k).

During 2017, Paraguay had a large net trade with Burma in the exports of Foodstuffs ($4.32M) and Vegetable Products ($585k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Burma () to Paraguay () (2022)

Exports from Paraguay () to Burma () (2022)

Latest Data

Trade between Burma () and Paraguay ()

Burma Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Burma - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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