Paraguay (PRY) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Paraguay-Estonia Trade: In 2022, Paraguay exported $344k to Estonia. The main products that Paraguay exported to Estonia were Other Oily Seeds ($278k), Plywood ($57.5k), and Hard Liquor ($4.93k). Over the past 5 years the exports of Paraguay to Estonia have increased at an annualized rate of 233%, from $835 in 2017 to $344k in 2022.

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

Estonia-Paraguay Trade: In 2022, Estonia exported $2.75M to Paraguay. The main products that Estonia exported to Paraguay were Refined Petroleum ($1.89M), Delivery Trucks ($165k), and Fishing and Hunting Equipment ($128k). Over the past 5 years the exports of Estonia to Paraguay have increased at an annualized rate of 11.8%, from $1.57M in 2017 to $2.75M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Paraguay exported $344k to Estonia. The main products exported from Paraguay to Estonia were Other Oily Seeds ($278k), Plywood ($57.5k), and Hard Liquor ($4.93k). During the last 5 years the exports of Paraguay to Estonia have increased at an annualized rate of 233%, from $835 in 2017 to $344k in 2022.

In 2017, Estonia exported $2.75M to Paraguay. The main products exported from Estonia to Paraguay were Refined Petroleum ($1.89M), Delivery Trucks ($165k), and Fishing and Hunting Equipment ($128k). During the last 5 years the exports of Estonia to Paraguay have increased at an annualized rate of 11.8%, from $1.57M in 2022 to $2.75M in 2017.

Exports from Paraguay () to Estonia () (2022)

Exports from Estonia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Estonia ()

Paraguay Exports

Date

Oct 2016

Jan 2016

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Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Paraguay included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Paraguay - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Estonia in the exports of Vegetable Products ($279k), Wood Products ($57.5k), and Foodstuffs ($6.84k).

During 2017, Estonia had a large net trade with Paraguay in the exports of Mineral Products ($2.01M), Transportation ($269k), and Machines ($157k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Estonia () (2022)

Exports from Estonia () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Estonia ()

Paraguay Exports

Estonia Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Estonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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