Tanzania (TZA) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

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Tanzania-Paraguay Trade: In 2023, Tanzania exported $727 to Paraguay. The main products that Tanzania exported to Paraguay were Raw Tobacco ($727). Over the past 6 years the exports of Tanzania to Paraguay have decreased at an annualized rate of 69.4%, from $879k in 2017 to $727 in 2023.

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

Paraguay-Tanzania Trade: In 2023, Paraguay exported $111k to Tanzania. The main products that Paraguay exported to Tanzania were Edible Offal ($87.5k), Animal Meal and Pellets ($23.7k), and Perfume Plants ($20). Over the past 6 years the exports of Paraguay to Tanzania have increased at an annualized rate of 69%, from $8.07k in 2017 to $111k in 2023.

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

Comparison: In 2023, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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, Tanzania exported $727 to Paraguay. The main products exported from Tanzania to Paraguay were Raw Tobacco ($727). During the last 6 years the exports of Tanzania to Paraguay have decreased at an annualized rate of 69.4%, from $879k in 2017 to $727 in 2023.

In 2018, Paraguay exported $111k to Tanzania. The main products exported from Paraguay to Tanzania were Edible Offal ($87.5k), Animal Meal and Pellets ($23.7k), and Perfume Plants ($20). During the last 5 years the exports of Paraguay to Tanzania have increased at an annualized rate of 69%, from $8.07k in 2023 to $111k in 2018.

Exports from Tanzania () to Paraguay () (2023)

Exports from Paraguay () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Paraguay ()

Tanzania Exports

Date

Paraguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$1.74B

Paraguay
Top DestinationArgentina$4B

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

In 2023, countries that imported more from Tanzania than Paraguay included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

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

Comparative Advantage Tanzania - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tanzania had a large net trade with Paraguay in the exports of Foodstuffs ($727).

During 2018, Paraguay had a large net trade with Tanzania in the exports of Animal Products ($87.5k), Foodstuffs ($23.7k), and Vegetable Products ($20).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Paraguay+$3.25kAir Pumps

Top Product Potential Paraguay Tanzania+$9.6kEdible Offal

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Paraguay () (2023)

Exports from Paraguay () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Paraguay ()

Tanzania Exports

Paraguay Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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