Paraguay (PRY) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Paraguay-Netherlands Trade: In 2023, Paraguay exported $249M to Netherlands. The main products that Paraguay exported to Netherlands were Alcohol > 80% ABV ($110M), Soybean Meal ($92.5M), and Other Oily Seeds ($13.4M). Over the past 5 years the exports of Paraguay to Netherlands have increased at an annualized rate of 9.04%, from $162M in 2018 to $249M in 2023.

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

Netherlands-Paraguay Trade: In 2023, Netherlands exported $107M to Paraguay. The main products that Netherlands exported to Paraguay were Refined Petroleum ($34.4M), Beer ($22.1M), and Tractors ($6.82M). Over the past 5 years the exports of Netherlands to Paraguay have decreased at an annualized rate of 9.39%, from $471M in 2018 to $107M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Paraguay exported $249M to Netherlands. The main products exported from Paraguay to Netherlands were Alcohol > 80% ABV ($110M), Soybean Meal ($92.5M), and Other Oily Seeds ($13.4M). During the last 5 years the exports of Paraguay to Netherlands have increased at an annualized rate of 9.04%, from $162M in 2018 to $249M in 2023.

In 2018, Netherlands exported $107M to Paraguay. The main products exported from Netherlands to Paraguay were Refined Petroleum ($34.4M), Beer ($22.1M), and Tractors ($6.82M). During the last 5 years the exports of Netherlands to Paraguay have decreased at an annualized rate of 9.39%, from $471M in 2023 to $107M in 2018.

Exports from Paraguay () to Netherlands () (2023)

Exports from Netherlands () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Netherlands ()

Paraguay Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationArgentina$4B

Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Paraguay than Netherlands included Argentina ($4B), Chile ($1.26B), and Uruguay ($274M).

In 2023, countries that imported more from Netherlands than Paraguay included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Paraguay - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Paraguay had a large net trade with Netherlands in the exports of Foodstuffs ($207M), Vegetable Products ($19.9M), and Animal Products ($8.09M).

During 2018, Netherlands had a large net trade with Paraguay in the exports of Mineral Products ($34.8M), Foodstuffs ($30.2M), and Transportation ($12.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Netherlands+$6.79MBovine Meat

Top Product Potential Netherlands Paraguay+$32.2MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Netherlands () (2023)

Exports from Netherlands () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Netherlands ()

Paraguay Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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