2022
Flag  
GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

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
Value

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 (Flag) to Paraguay (Flag) (2022)

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

Latest Data

Trade between Pakistan (Flag) and Paraguay (Flag)

Pakistan Exports

Paraguay Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$6.47B
Paraguay
Top Destination
Brazil$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 (Flag) and Pakistan (Flag) (2022)

Comparative Advantage Pakistan - Paraguay

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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