Sweden (SWE) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Sweden-Paraguay Trade: In 2022, Sweden exported $32M to Paraguay. The main products that Sweden exported to Paraguay were Tractors ($8.1M), Cars ($3.16M), and Special purpose motor vehicles ($3.08M). Over the past 5 years the exports of Sweden to Paraguay have increased at an annualized rate of 22.5%, from $11.6M in 2017 to $32M in 2022.

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

Paraguay-Sweden Trade: In 2022, Paraguay exported $9.22M to Sweden. The main products that Paraguay exported to Sweden were Other Oily Seeds ($390k), Wood Charcoal ($86.6k), and High-voltage Protection Equipment ($28.5k). Over the past 5 years the exports of Paraguay to Sweden have increased at an annualized rate of 215%, from $29.6k in 2017 to $9.22M in 2022.

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

Comparison: In 2022, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Latest Trends

February, 2024

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Overview In February 2024, Sweden exported SEK10.3M and imported SEK802k from Paraguay, resulting in a positive trade balance of SEK9.5M. Between February 2023 and February 2024 the exports of Sweden have increased by SEK9M (690%) from SEK1.3M to SEK10.3M, while imports increased by SEK471k (142%) from SEK331k to SEK802k.

Trade In February 2024, the top exports of Sweden to Paraguay were Other Edible Preparations (SEK1.75M), Cars (SEK1.41M), Flat Flat-Rolled Steel (SEK1.18M), Motor-working Tools (SEK473k), and Motor vehicles; parts and accessories (8701... (SEK259k). In February 2024 the top imports of Sweden from Paraguay were Wood Charcoal (SEK339k).

Growth In February 2024, the increase in Sweden's year-by-year exports to Paraguay was explained primarily by an increase in product exports in Other Edible Preparations (SEK1.41M or 410%), Motor vehicles; parts and accessories (8701... (SEK169k or 188%), and Engine Parts (SEK150k or 3.75k%). In February 2024, the increase in Sweden's year-by-year imports from Paraguay was explained primarily by an increase in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sweden exported $32M to Paraguay. The main products exported from Sweden to Paraguay were Tractors ($8.1M), Cars ($3.16M), and Special purpose motor vehicles ($3.08M). During the last 5 years the exports of Sweden to Paraguay have increased at an annualized rate of 22.5%, from $11.6M in 2017 to $32M in 2022.

In 2017, Paraguay exported $9.22M to Sweden. The main products exported from Paraguay to Sweden were Other Oily Seeds ($390k), Wood Charcoal ($86.6k), and High-voltage Protection Equipment ($28.5k). During the last 22 years the exports of Paraguay to Sweden have increased at an annualized rate of 215%, from $29.6k in 1995 to $9.22M in 2017.

Exports from Sweden () to Paraguay () (2022)

Exports from Paraguay () to Sweden () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sweden
Top DestinationGermany$19.2B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Sweden than Paraguay included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sweden had a large net trade with Paraguay in the exports of Transportation ($17.4M), Machines ($13.1M), and Chemical Products ($1.8M).

During 2017, Paraguay had a large net trade with Sweden in the exports of Vegetable Products ($390k), Wood Products ($89k), and Machines ($58.5k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Sweden () to Paraguay () (2022)

Exports from Paraguay () to Sweden () (2022)

Market Competitiveness

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

Comparative Advantage Sweden - Paraguay

Economic Complexity

Competitive Landscape

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

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Sweden () to Paraguay () (2022)

Exports from Paraguay () to Sweden () (2022)

Market Competitiveness

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

Comparative Advantage Sweden - Paraguay

Economic Complexity

Competitive Landscape

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

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