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2023
Flag → Flag
Exports $54.5MRnk 109 / 221
2023
Flag → Flag
Top Product $24.9MOther Electrical Machinery
2023
Flag → Flag
Exports $5.27MRnk 65 / 153
2023
Flag → Flag
Top Product $1.1MScrap Aluminium
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 81 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH-2.48%CURRENT US$
Rnk 157 / 195

About

Malaysia-Paraguay Trade: In 2023, Malaysia exported $54.5M to Paraguay. The main products that Malaysia exported to Paraguay were Other Electrical Machinery ($24.9M), Integrated Circuits ($8.01M), and Passenger and Cargo Ships ($4.31M). Over the past 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 20.6%, from $21.3M in 2018 to $54.5M in 2023.

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

Paraguay-Malaysia Trade: In 2023, Paraguay exported $5.27M to Malaysia. The main products that Paraguay exported to Malaysia were Scrap Aluminium ($1.1M), Copper Powder ($680k), and Poultry Meat ($626k). Over the past 5 years the exports of Paraguay to Malaysia have increased at an annualized rate of 34%,  from $283k in 2018 to $5.27M in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR10.3M and imported MYR261k from Paraguay, resulting in a positive trade balance of MYR10M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR7.95M (342%) from MYR2.33M to MYR10.3M, while imports decreased by MYR-768k (-74.7%) from MYR1.03M to MYR261k.

Trade In November 2024, the top exports of Malaysia to Paraguay were Medical Instruments (MYR646k), Float Glass (MYR178k), Rubber Tires (MYR144k), Other Rubber Products (MYR99.6k), and Knit Sweaters (MYR88.4k). In November 2024 the top imports of Malaysia from Paraguay were Aluminium Powder (MYR360k), Other Oily Seeds (MYR39.3k), Precious Metal Scraps (MYR27.7k), Non-Knit Women's Suits (MYR2.12k), and Knit T-shirts (MYR561).

Growth In November 2024, the increase in Malaysia's year-by-year exports to Paraguay was explained primarily by an increase in product exports in Knit T-shirts (MYR7.88k or 150%). In November 2024, the decrease in Malaysia's year-by-year imports  from Paraguay was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR7.95M(342%)
IMPORT GROWTH (November 2023 - November 2024)MYR-768k(-74.7%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Paraguay and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Paraguay and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $54.5M to Paraguay. The main products exported from Malaysia to Paraguay were Other Electrical Machinery ($24.9M), Integrated Circuits ($8.01M), and Passenger and Cargo Ships ($4.31M). During the last 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 20.6%, from $21.3M in 2018 to $54.5M in 2023.

In 2018, Paraguay exported $5.27M to Malaysia. The main products exported from Paraguay to Malaysia were Scrap Aluminium ($1.1M), Copper Powder ($680k), and Poultry Meat ($626k). During the last 5 years the exports of Paraguay to Malaysia have increased at an annualized rate of 34%, from $283k in 2023 to $5.27M in 2018.

Exports from Malaysia (Flag) to Paraguay (Flag) (2023)

Exports from Paraguay (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Malaysia than Paraguay included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from Paraguay than Malaysia included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

Difference in imports from Paraguay (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Paraguay

Flow
Scale

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

During 2023, Malaysia had a large net trade with Paraguay in the exports of Machines ($39.3M), Transportation ($7.29M), and Instruments ($2.15M).

During 2018, Paraguay had a large net trade with Malaysia in the exports of Metals ($2.83M), Animal Products ($1.54M), and Vegetable Products ($613k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Paraguay+$5.8MTelephones
Top Product Potential Paraguay Malaysia+$776kScrap Aluminium

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

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

Product Space of Malaysia (Flag) and Paraguay (Flag) (2023)

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