Paraguay (PRY) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Paraguay-Nepal Trade: In 2022, Paraguay exported $29.4M to Nepal. The main products that Paraguay exported to Nepal were N/A. Over the past 5 years the exports of Paraguay to Nepal have increased at an annualized rate of 6.87%, from $21.1M in 2017 to $29.4M in 2022.

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

Nepal-Paraguay In N/A, Nepal did not export any products to Paraguay.

In 2022, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $29.4M to Nepal. There were not main exports from Paraguay to Nepal in 2022. During the last 5 years the exports of Paraguay to Nepal have increased at an annualized rate of 6.87%, from $21.1M in 2017 to $29.4M in 2022.

Nepal does not register exports to Paraguay. The main products exported from Nepal to Paraguay were Imitation Jewellery ($2.79k), Copper Housewares ($588), and Bells and Other Metal Ornaments ($560).

Exports from Paraguay () to Nepal () (2023)

Exports from Nepal () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Nepal ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationArgentina$4B

Nepal
Top DestinationIndia$811M

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

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

In 2023, countries that imported more from Nepal than Paraguay included India ($811M), Denmark ($7.42M), and Australia ($12.5M).

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

Comparative Advantage Paraguay - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Nepal in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Nepal+$3.13kElectricity

Top Product Potential Nepal Paraguay+$1.77kCoated Flat-Rolled Iron

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Nepal () (2023)

Exports from Nepal () to Paraguay () (2023)

Latest Data

Trade between Paraguay () and Nepal ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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