2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Paraguay-Kazakhstan Trade: In 2022, Paraguay exported $801k to Kazakhstan. The main products that Paraguay exported to Kazakhstan were Frozen Bovine Meat ($369k), Butter ($226k), and Concentrated Milk ($173k). Over the past 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 29%, from $4.42M in 2017 to $801k in 2022.

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

Kazakhstan-Paraguay Trade: In 2022, Kazakhstan exported $16.4M to Paraguay. The main products that Kazakhstan exported to Paraguay were Refined Petroleum ($16.3M), Ferroalloys ($23.7k), and Knit Men's Suits ($2.12k). Over the past 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 686%,  from $547 in 2017 to $16.4M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $801k to Kazakhstan. The main products exported from Paraguay to Kazakhstan were Frozen Bovine Meat ($369k), Butter ($226k), and Concentrated Milk ($173k). During the last 5 years the exports of Paraguay to Kazakhstan have decreased at an annualized rate of 29%, from $4.42M in 2017 to $801k in 2022.

In 2017, Kazakhstan exported $16.4M to Paraguay. The main products exported from Kazakhstan to Paraguay were Refined Petroleum ($16.3M), Ferroalloys ($23.7k), and Knit Men's Suits ($2.12k). During the last 5 years the exports of Kazakhstan to Paraguay have increased at an annualized rate of 686%, from $547 in 2022 to $16.4M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Kazakhstan (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Kazakhstan than Paraguay included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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 2022, Paraguay had a large net trade with Kazakhstan in the exports of Animal Products ($769k), Animal and Vegetable Bi-Products ($20.1k), and Textiles ($5.75k).

During 2017, Kazakhstan had a large net trade with Paraguay in the exports of Mineral Products ($16.3M), Metals ($23.7k), and Textiles ($4.31k).

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) (2022)

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