2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Moldova-Paraguay Trade: In 2022, Moldova exported $494k to Paraguay. The main products that Moldova exported to Paraguay were Wine ($414k), Hard Liquor ($67k), and Packaged Medicaments ($10.3k). Over the past 5 years the exports of Moldova to Paraguay have increased at an annualized rate of 623%, from $25 in 2017 to $494k in 2022.

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

Paraguay-Moldova Trade: In 2022, Paraguay exported $125k to Moldova. The main products that Paraguay exported to Moldova were Other Oily Seeds ($116k), Rice ($9.1k), and Raw Sugar ($56). Over the past 5 years the exports of Paraguay to Moldova have increased at an annualized rate of 11.6%,  from $58k in 2017 to $125k in 2022.

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

Comparison: In 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Moldova exported $494k to Paraguay. The main products exported from Moldova to Paraguay were Wine ($414k), Hard Liquor ($67k), and Packaged Medicaments ($10.3k). During the last 5 years the exports of Moldova to Paraguay have increased at an annualized rate of 623%, from $25 in 2017 to $494k in 2022.

In 2017, Paraguay exported $125k to Moldova. The main products exported from Paraguay to Moldova were Other Oily Seeds ($116k), Rice ($9.1k), and Raw Sugar ($56). During the last 5 years the exports of Paraguay to Moldova have increased at an annualized rate of 11.6%, from $58k in 2022 to $125k in 2017.

Exports from Moldova (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Moldova (Flag) (2022)

Latest Data

Trade between Moldova (Flag) and Paraguay (Flag)

Moldova Exports

Paraguay Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Moldova than Paraguay included Romania ($1.35B), Ukraine ($729M), and Turkey ($309M).

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

Difference in imports from Paraguay (Flag) and Moldova (Flag) (2022)

Comparative Advantage Moldova - Paraguay

Flow
Scale

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

During 2022, Moldova had a large net trade with Paraguay in the exports of Foodstuffs ($481k), Chemical Products ($10.3k), and Machines ($1.84k).

During 2017, Paraguay had a large net trade with Moldova in the exports of Vegetable Products ($125k) and Foodstuffs ($68).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Paraguay+$109kWine
Top Product Potential Paraguay Moldova+$2.35kElectricity

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

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

Product Space of Moldova (Flag) and Paraguay (Flag) (2022)

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