Paraguay (PRY) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Paraguay-Malaysia Trade: In 2023, Paraguay exported $5.27M to Malaysia. The main products that Paraguay exported to Malaysia were Scrap Aluminium ($1.1M), Copper Powder ($680k), and Poultry Meat ($626k). Over the past 5 years the exports of Paraguay to Malaysia have increased at an annualized rate of 79.5%, from $283k in 2018 to $5.27M in 2023.

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

Malaysia-Paraguay Trade: In 2023, Malaysia exported $54.5M to Paraguay. The main products that Malaysia exported to Paraguay were Other Electrical Machinery ($24.9M), Integrated Circuits ($8.01M), and Passenger and Cargo Ships ($4.31M). Over the past 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 20.6%, from $21.3M in 2018 to $54.5M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Paraguay exported $5.27M to Malaysia. The main products exported from Paraguay to Malaysia were Scrap Aluminium ($1.1M), Copper Powder ($680k), and Poultry Meat ($626k). During the last 5 years the exports of Paraguay to Malaysia have increased at an annualized rate of 79.5%, from $283k in 2018 to $5.27M in 2023.

In 2018, Malaysia exported $54.5M to Paraguay. The main products exported from Malaysia to Paraguay were Other Electrical Machinery ($24.9M), Integrated Circuits ($8.01M), and Passenger and Cargo Ships ($4.31M). During the last 5 years the exports of Malaysia to Paraguay have increased at an annualized rate of 20.6%, from $21.3M in 2023 to $54.5M in 2018.

Exports from Paraguay () to Malaysia () (2023)

Exports from Malaysia () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Malaysia ()

Paraguay Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationArgentina$4B

Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Paraguay included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Paraguay - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Paraguay had a large net trade with Malaysia in the exports of Metals ($2.83M), Animal Products ($1.54M), and Vegetable Products ($613k).

During 2018, Malaysia had a large net trade with Paraguay in the exports of Machines ($39.3M), Transportation ($7.29M), and Instruments ($2.15M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Malaysia+$776kScrap Aluminium

Top Product Potential Malaysia Paraguay+$5.8MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Malaysia () (2023)

Exports from Malaysia () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Malaysia ()

Paraguay Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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