Pakistan (PAK) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Pakistan-Paraguay Trade: In 2022, Pakistan exported $13.4M to Paraguay. The main products that Pakistan exported to Paraguay were Light Pure Woven Cotton ($4.2M), Light Synthetic Cotton Fabrics ($2.89M), and Terry Fabric ($949k). Over the past 5 years the exports of Pakistan to Paraguay have increased at an annualized rate of 0.61%, from $13M in 2017 to $13.4M in 2022.

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

Paraguay-Pakistan Trade: In 2022, Paraguay exported $55.3M to Pakistan. The main products that Paraguay exported to Pakistan were Soybean Oil ($54M), Animal Food ($467k), and Animal Meal and Pellets ($462k). Over the past 5 years the exports of Paraguay to Pakistan have increased at an annualized rate of 6.99%, from $39.4M in 2017 to $55.3M in 2022.

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

Comparison: In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). 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, Pakistan exported $13.4M to Paraguay. The main products exported from Pakistan to Paraguay were Light Pure Woven Cotton ($4.2M), Light Synthetic Cotton Fabrics ($2.89M), and Terry Fabric ($949k). During the last 5 years the exports of Pakistan to Paraguay have increased at an annualized rate of 0.61%, from $13M in 2017 to $13.4M in 2022.

In 2017, Paraguay exported $55.3M to Pakistan. The main products exported from Paraguay to Pakistan were Soybean Oil ($54M), Animal Food ($467k), and Animal Meal and Pellets ($462k). During the last 5 years the exports of Paraguay to Pakistan have increased at an annualized rate of 6.99%, from $39.4M in 2022 to $55.3M in 2017.

Exports from Pakistan () to Paraguay () (2022)

Exports from Paraguay () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Paraguay ()

Pakistan Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Pakistan than Paraguay included United States ($6.47B), China ($2.79B), and Germany ($2.8B).

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

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

Comparative Advantage Pakistan - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Pakistan had a large net trade with Paraguay in the exports of Textiles ($11.6M), Miscellaneous ($818k), and Stone And Glass ($463k).

During 2017, Paraguay had a large net trade with Pakistan in the exports of Animal and Vegetable Bi-Products ($54M), Foodstuffs ($929k), and Metals ($143k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Paraguay+$643kHeavy Pure Woven Cotton

Top Product Potential Paraguay Pakistan+$307kAnimal Food

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

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Paraguay () (2022)

Exports from Paraguay () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Paraguay ()

Pakistan Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Pakistan - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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