Paraguay (PRY) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Paraguay-Ukraine Trade: In 2022, Paraguay exported $197k to Ukraine. The main products that Paraguay exported to Ukraine were Rice ($102k), Other Oily Seeds ($53.3k), and Processed Tobacco ($30k). Over the past 5 years the exports of Paraguay to Ukraine have increased at an annualized rate of 47.1%, from $28.7k in 2017 to $197k in 2022.

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

Ukraine-Paraguay Trade: In 2022, Ukraine exported $2.06M to Paraguay. The main products that Ukraine exported to Paraguay were Passenger and Cargo Ships ($1.32M), Large Flat-Rolled Iron ($526k), and Hydraulic Brake Fluid ($46.3k). Over the past 5 years the exports of Ukraine to Paraguay have increased at an annualized rate of 32.9%, from $496k in 2017 to $2.06M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $197k to Ukraine. The main products exported from Paraguay to Ukraine were Rice ($102k), Other Oily Seeds ($53.3k), and Processed Tobacco ($30k). During the last 5 years the exports of Paraguay to Ukraine have increased at an annualized rate of 47.1%, from $28.7k in 2017 to $197k in 2022.

In 2017, Ukraine exported $2.06M to Paraguay. The main products exported from Ukraine to Paraguay were Passenger and Cargo Ships ($1.32M), Large Flat-Rolled Iron ($526k), and Hydraulic Brake Fluid ($46.3k). During the last 5 years the exports of Ukraine to Paraguay have increased at an annualized rate of 32.9%, from $496k in 2022 to $2.06M in 2017.

Exports from Paraguay () to Ukraine () (2022)

Exports from Ukraine () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ukraine ()

Paraguay Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Paraguay included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine () and Paraguay () (2022)

Comparative Advantage Paraguay - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Ukraine in the exports of Vegetable Products ($158k), Foodstuffs ($32.3k), and Chemical Products ($5.9k).

During 2017, Ukraine had a large net trade with Paraguay in the exports of Transportation ($1.32M), Metals ($553k), and Machines ($66.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Ukraine+$68.8kOther Oily Seeds

Top Product Potential Ukraine Paraguay+$97.5kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Ukraine () (2022)

Exports from Ukraine () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Ukraine ()

Paraguay Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Paraguay () (2022)

Comparative Advantage Paraguay - Ukraine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Ukraine () (2022)

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