2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Paraguay-Cyprus Trade: In 2022, Paraguay exported $414k to Cyprus. The main products that Paraguay exported to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). Over the past 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%, from $296k in 2017 to $414k in 2022.

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

Cyprus-Paraguay Trade: In 2022, Cyprus exported $477k to Paraguay. The main products that Cyprus exported to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). Over the past 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 62.9%,  from $41.5k in 2017 to $477k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $414k to Cyprus. The main products exported from Paraguay to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). During the last 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%, from $296k in 2017 to $414k in 2022.

In 2017, Cyprus exported $477k to Paraguay. The main products exported from Cyprus to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). During the last 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 62.9%, from $41.5k in 2022 to $477k in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Cyprus (Flag)

Paraguay Exports

Cyprus Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Cyprus
Top Destination
Hong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Paraguay included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

Difference in imports from Cyprus (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - Cyprus

Flow
Scale

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

During 2022, Paraguay had a large net trade with Cyprus in the exports of Wood Products ($413k), Textiles ($1.01k), and Machines ($65).

During 2017, Cyprus had a large net trade with Paraguay in the exports of Machines ($214k), Plastics and Rubbers ($156k), and Transportation ($47.5k).

Economic Complexity

Competitive Landscape

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

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

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