Tunisia (TUN) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Tunisia-Paraguay Trade: In 2023, Tunisia exported $1.2M to Paraguay. The main products that Tunisia exported to Paraguay were Phosphinates (hypophosphites) and phosphonates (phosphites) ($441k), Other Plastic Products ($278k), and Centrifuges ($73.3k). Over the past 5 years the exports of Tunisia to Paraguay have increased at an annualized rate of 4.25%, from $974k in 2018 to $1.2M in 2023.

In 2023, Tunisia did not export any services to Paraguay.

Paraguay-Tunisia Trade: In 2023, Paraguay exported $10M to Tunisia. The main products that Paraguay exported to Tunisia were Corn ($8.14M), Frozen Bovine Meat ($1.24M), and Butter ($398k). Over the past 5 years the exports of Paraguay to Tunisia have decreased at an annualized rate of 11.1%, from $18.1M in 2018 to $10M in 2023.

In 2023, Paraguay did not export any services to Tunisia.

Comparison: In 2023, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tunisia exported $1.2M to Paraguay. The main products exported from Tunisia to Paraguay were Phosphinates (hypophosphites) and phosphonates (phosphites) ($441k), Other Plastic Products ($278k), and Centrifuges ($73.3k). During the last 5 years the exports of Tunisia to Paraguay have increased at an annualized rate of 4.25%, from $974k in 2018 to $1.2M in 2023.

In 2018, Paraguay exported $10M to Tunisia. The main products exported from Paraguay to Tunisia were Corn ($8.14M), Frozen Bovine Meat ($1.24M), and Butter ($398k). During the last 5 years the exports of Paraguay to Tunisia have decreased at an annualized rate of 11.1%, from $18.1M in 2023 to $10M in 2018.

Exports from Tunisia () to Paraguay () (2023)

Exports from Paraguay () to Tunisia () (2023)

Latest Data

Trade between Tunisia () and Paraguay ()

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tunisia
Top DestinationFrance$5.19B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Tunisia than Paraguay included France ($5.19B), Italy ($3.87B), and Germany ($3.09B).

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

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

Comparative Advantage Tunisia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tunisia had a large net trade with Paraguay in the exports of Chemical Products ($441k), Plastics and Rubbers ($341k), and Machines ($194k).

During 2018, Paraguay had a large net trade with Tunisia in the exports of Vegetable Products ($8.14M), Animal Products ($1.73M), and Foodstuffs ($119k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tunisia Paraguay+$298kOther Plastic Products

Top Product Potential Paraguay Tunisia+$204kFrozen Bovine Meat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tunisia () to Paraguay () (2023)

Exports from Paraguay () to Tunisia () (2023)

Latest Data

Trade between Tunisia () and Paraguay ()

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Tunisia - Paraguay

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring