Paraguay (PRY) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Paraguay-Angola Trade: In 2022, Paraguay exported $31.2M to Angola. The main products that Paraguay exported to Angola were Soybean Oil ($15.2M), Frozen Bovine Meat ($12.9M), and Poultry Meat ($1.6M). Over the past 5 years the exports of Paraguay to Angola have increased at an annualized rate of 21.2%, from $11.9M in 2017 to $31.2M in 2022.

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

Angola-Paraguay Trade: In 2022, Angola exported $2 to Paraguay. The main products that Angola exported to Paraguay were Navigation Equipment ($2). Over the past 5 years the exports of Angola to Paraguay have decreased at an annualized rate of 89.2%, from $139k in 2017 to $2 in 2022.

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

Comparison: In 2022, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $31.2M to Angola. The main products exported from Paraguay to Angola were Soybean Oil ($15.2M), Frozen Bovine Meat ($12.9M), and Poultry Meat ($1.6M). During the last 5 years the exports of Paraguay to Angola have increased at an annualized rate of 21.2%, from $11.9M in 2017 to $31.2M in 2022.

In 2017, Angola exported $2 to Paraguay. The main products exported from Angola to Paraguay were Navigation Equipment ($2). During the last 5 years the exports of Angola to Paraguay have decreased at an annualized rate of 89.2%, from $139k in 2022 to $2 in 2017.

Exports from Paraguay () to Angola () (2022)

Exports from Angola () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Angola ()

Paraguay Exports

Date

Angola Exports

Date

Dec 2018

Oct 2018

Sep 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Angola
Top DestinationChina$21.8B

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

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

In 2022, countries that imported more from Angola than Paraguay included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

Comparative Advantage Paraguay - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Angola in the exports of Animal Products ($15.7M), Animal and Vegetable Bi-Products ($15.2M), and Foodstuffs ($125k).

During 2017, Angola had a large net trade with Paraguay in the exports of Machines ($2).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Angola+$377kEdible Offal

Top Product Potential Angola Paraguay+$4.17kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Angola () (2022)

Exports from Angola () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Angola ()

Paraguay Exports

Angola Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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