2023
Flag  
GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$6,276CURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Paraguay-Kazakhstan Trade: In 2023, Paraguay exported $210k to Kazakhstan. The main products that Paraguay exported to Kazakhstan were Animal Organs ($159k), Other Oily Seeds ($44.8k), and Non-Knit Women's Suits ($4.32k). Over the past 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 50.8%, from $7.28M in 2018 to $210k in 2023.

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

Kazakhstan-Paraguay Trade: In 2023, Kazakhstan exported $8.95M to Paraguay. The main products that Kazakhstan exported to Paraguay were Petroleum Coke ($7.53M), Sulphur ($782k), and Sulfur ($594k). Over the past 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 333%,  from $5.86k in 2018 to $8.95M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Paraguay exported $210k to Kazakhstan. The main products exported from Paraguay to Kazakhstan were Animal Organs ($159k), Other Oily Seeds ($44.8k), and Non-Knit Women's Suits ($4.32k). During the last 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 50.8%, from $7.28M in 2018 to $210k in 2023.

In 2018, Kazakhstan exported $8.95M to Paraguay. The main products exported from Kazakhstan to Paraguay were Petroleum Coke ($7.53M), Sulphur ($782k), and Sulfur ($594k). During the last 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 333%, from $5.86k in 2023 to $8.95M in 2018.

Exports from Paraguay (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Paraguay (Flag) (2023)

Latest Data

Trade between Paraguay (Flag) and Kazakhstan (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Argentina$4B
Kazakhstan
Top Destination
China$15.2B

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

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

In 2023, countries that imported more from Kazakhstan than Paraguay included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Paraguay (Flag) (2023)

Comparative Advantage Paraguay - Kazakhstan

Flow
Scale

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

During 2023, Paraguay had a large net trade with Kazakhstan in the exports of Animal Products ($159k), Vegetable Products ($44.8k), and Textiles ($4.32k).

During 2018, Kazakhstan had a large net trade with Paraguay in the exports of Mineral Products ($8.32M), Chemical Products ($594k), and Textiles ($27.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Kazakhstan+$368kFrozen Bovine Meat
Top Product Potential Kazakhstan Paraguay+$4.6MRefined 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

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

Product Space of Paraguay (Flag) and Kazakhstan (Flag) (2023)

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