Paraguay (PRY) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Paraguay-Ethiopia Trade: In 2022, Paraguay exported $497 to Ethiopia. The main products that Paraguay exported to Ethiopia were Jams ($497). Over the past 21 years the exports of Paraguay to Ethiopia have decreased at an annualized rate of 22.1%, from $94k in 2001 to $497 in 2022.

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

Ethiopia-Paraguay In N/A, Ethiopia did not export any products to Paraguay.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $497 to Ethiopia. The main products exported from Paraguay to Ethiopia were Jams ($497). During the last 21 years the exports of Paraguay to Ethiopia have decreased at an annualized rate of 22.1%, from $94k in 2001 to $497 in 2022.

Ethiopia does not register exports to Paraguay. The main products exported from Ethiopia to Paraguay were Office Machine Parts ($8.52k), Industrial Printers ($1.6k), and Knit Sweaters ($953).

Exports from Paraguay () to Ethiopia () (2022)

Exports from Ethiopia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ethiopia ()

Ethiopia Exports

Date

Dec 2015

Nov 2015

Aug 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Paraguay included United Arab Emirates ($723M), United States ($557M), and Somalia ($265M).

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

Comparative Advantage Paraguay - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Ethiopia in the exports of Foodstuffs ($497).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Ethiopia+$3.2kWheat

Top Product Potential Ethiopia Paraguay+$5.94kKnit Sweaters

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

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Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Ethiopia () (2022)

Exports from Ethiopia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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