Paraguay (PRY) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Paraguay-Zimbabwe Trade: In 2022, Paraguay exported $58.4k to Zimbabwe. The main products that Paraguay exported to Zimbabwe were Animal Meal and Pellets ($58.4k). Over the past 5 years the exports of Paraguay to Zimbabwe have decreased at an annualized rate of 41.7%, from $870k in 2017 to $58.4k in 2022.

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

Zimbabwe-Paraguay Trade: In 2022, Zimbabwe exported $343k to Paraguay. The main products that Zimbabwe exported to Paraguay were Collector's Items ($226k), Sowing Seeds ($116k), and Knit Women's Undergarments ($1.6k). Over the past 5 years the exports of Zimbabwe to Paraguay have decreased at an annualized rate of 38.9%, from $4.02M in 2017 to $343k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $58.4k to Zimbabwe. The main products exported from Paraguay to Zimbabwe were Animal Meal and Pellets ($58.4k). During the last 5 years the exports of Paraguay to Zimbabwe have decreased at an annualized rate of 41.7%, from $870k in 2017 to $58.4k in 2022.

In 2017, Zimbabwe exported $343k to Paraguay. The main products exported from Zimbabwe to Paraguay were Collector's Items ($226k), Sowing Seeds ($116k), and Knit Women's Undergarments ($1.6k). During the last 5 years the exports of Zimbabwe to Paraguay have decreased at an annualized rate of 38.9%, from $4.02M in 2022 to $343k in 2017.

Exports from Paraguay () to Zimbabwe () (2022)

Exports from Zimbabwe () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Zimbabwe ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Paraguay included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

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

Comparative Advantage Paraguay - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Zimbabwe in the exports of Foodstuffs ($58.4k).

During 2017, Zimbabwe had a large net trade with Paraguay in the exports of Arts and Antiques ($226k), Vegetable Products ($116k), and Textiles ($1.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Paraguay Zimbabwe+$2.64kElectricity

Top Product Potential Zimbabwe Paraguay+$8.78kSowing Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Zimbabwe () (2022)

Exports from Zimbabwe () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Zimbabwe ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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