Paraguay (PRY) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Paraguay-Greece Trade: In 2023, Paraguay exported $8.69M to Greece. The main products that Paraguay exported to Greece were Soybean Meal ($4.04M), Other Oily Seeds ($2.53M), and Wood Charcoal ($1.44M). Over the past 5 years the exports of Paraguay to Greece have decreased at an annualized rate of 22.4%, from $30.8M in 2018 to $8.69M in 2023.

In 2023, Paraguay did not export any services to Greece.

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

In 2023, Greece did not export any services to Paraguay.

Comparison: In 2023, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Paraguay exported $8.69M to Greece. The main products exported from Paraguay to Greece were Soybean Meal ($4.04M), Other Oily Seeds ($2.53M), and Wood Charcoal ($1.44M). During the last 5 years the exports of Paraguay to Greece have decreased at an annualized rate of 22.4%, from $30.8M in 2018 to $8.69M in 2023.

Greece does not register exports to Paraguay. The main products exported from Greece to Paraguay were Pesticides ($2.78M), Packaged Medicaments ($1.34M), and Aluminium Foil ($235k).

Exports from Paraguay () to Greece () (2023)

Exports from Greece () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Greece ()

Paraguay Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationArgentina$4B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Paraguay than Greece included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

In 2023, countries that imported more from Greece than Paraguay included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

Difference in imports from Greece () and Paraguay () (2023)

Comparative Advantage Paraguay - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Paraguay had a large net trade with Greece in the exports of Foodstuffs ($4.04M), Vegetable Products ($2.92M), and Wood Products ($1.48M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Greece+$355kScrap Aluminium

Top Product Potential Greece Paraguay+$1.36MPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Greece () (2023)

Exports from Greece () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Greece ()

Paraguay Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Paraguay () (2023)

Comparative Advantage Paraguay - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Greece () (2023)

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