Paraguay (PRY) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Paraguay-Chinese Taipei Trade: In 2022, Paraguay exported $223M to Chinese Taipei. The main products that Paraguay exported to Chinese Taipei were Frozen Bovine Meat ($204M), Edible Offal ($10M), and Animal Organs ($4.18M). Over the past 5 years the exports of Paraguay to Chinese Taipei have increased at an annualized rate of 40.8%, from $40.2M in 2017 to $223M in 2022.

In 2022, Paraguay did not export any services to Chinese Taipei.

Chinese Taipei-Paraguay Trade: In 2022, Chinese Taipei exported $40M to Paraguay. The main products that Chinese Taipei exported to Paraguay were Office Machine Parts ($5.23M), Self-adhesive Plastics ($2.93M), and Motor vehicles; parts and accessories (8701 to 8705) ($2.19M). Over the past 5 years the exports of Chinese Taipei to Paraguay have decreased at an annualized rate of 0.76%, from $41.6M in 2017 to $40M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $223M to Chinese Taipei. The main products exported from Paraguay to Chinese Taipei were Frozen Bovine Meat ($204M), Edible Offal ($10M), and Animal Organs ($4.18M). During the last 5 years the exports of Paraguay to Chinese Taipei have increased at an annualized rate of 40.8%, from $40.2M in 2017 to $223M in 2022.

In 2017, Chinese Taipei exported $40M to Paraguay. The main products exported from Chinese Taipei to Paraguay were Office Machine Parts ($5.23M), Self-adhesive Plastics ($2.93M), and Motor vehicles; parts and accessories (8701 to 8705) ($2.19M). During the last 5 years the exports of Chinese Taipei to Paraguay have decreased at an annualized rate of 0.76%, from $41.6M in 2022 to $40M in 2017.

Exports from Paraguay () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Paraguay () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Paraguay included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Paraguay () (2022)

Comparative Advantage Paraguay - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Chinese Taipei in the exports of Animal Products ($218M), Vegetable Products ($1.72M), and Wood Products ($1.28M).

During 2017, Chinese Taipei had a large net trade with Paraguay in the exports of Machines ($17.7M), Plastics and Rubbers ($5.4M), and Textiles ($3.55M).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Paraguay () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Paraguay () (2022)

Comparative Advantage Paraguay - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Chinese Taipei () (2022)

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