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Pricing

2022
Flag → Flag
Exports $4.93MRnk 61 / 158
2022
Flag → Flag
Top Product $4.5MCorn
2022
Flag → Flag
Exports $24.5MRnk 95 / 186
2022
Flag → Flag
Top Product $18.1MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Paraguay-Morocco Trade: In 2022, Paraguay exported $4.93M to Morocco. The main products that Paraguay exported to Morocco were Corn ($4.5M), Shaped Wood ($95.2k), and Sawn Wood ($94.9k). Over the past 5 years the exports of Paraguay to Morocco have decreased at an annualized rate of 13.8%, from $10.4M in 2017 to $4.93M in 2022.

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

Morocco-Paraguay Trade: In 2022, Morocco exported $24.5M to Paraguay. The main products that Morocco exported to Paraguay were Mixed Mineral or Chemical Fertilizers ($18.1M), Perfumes ($1.59M), and Low-voltage Protection Equipment ($761k). Over the past 5 years the exports of Morocco to Paraguay have increased at an annualized rate of 34.7%,  from $5.51M in 2017 to $24.5M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Paraguay exported $4.93M to Morocco. The main products exported from Paraguay to Morocco were Corn ($4.5M), Shaped Wood ($95.2k), and Sawn Wood ($94.9k). During the last 5 years the exports of Paraguay to Morocco have decreased at an annualized rate of 13.8%, from $10.4M in 2017 to $4.93M in 2022.

In 2017, Morocco exported $24.5M to Paraguay. The main products exported from Morocco to Paraguay were Mixed Mineral or Chemical Fertilizers ($18.1M), Perfumes ($1.59M), and Low-voltage Protection Equipment ($761k). During the last 5 years the exports of Morocco to Paraguay have increased at an annualized rate of 34.7%, from $5.51M in 2022 to $24.5M in 2017.

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

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

Latest Data

Trade between Paraguay (Flag) and Morocco (Flag)

Paraguay Exports

Morocco Exports

Market Competitiveness

Color
Paraguay
Top DestinationBrazil$3.67B
Morocco
Top DestinationSpain$8.55B

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

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

In 2022, countries that imported more from Morocco than Paraguay included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Paraguay - Morocco

Flow
Scale

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

During 2022, Paraguay had a large net trade with Morocco in the exports of Vegetable Products ($4.57M), Wood Products ($190k), and Instruments ($49.7k).

During 2017, Morocco had a large net trade with Paraguay in the exports of Chemical Products ($20.5M), Machines ($1.59M), and Textiles ($1.54M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Morocco+$2.83MCorn
Top Product Potential Morocco Paraguay+$5.3MMixed Mineral or Chemical Fertilizers

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

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

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