New Caledonia (NCL) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

New Caledonia-Paraguay Trade: In 2022, New Caledonia exported $1.07k to Paraguay. The main products that New Caledonia exported to Paraguay were Centrifuges ($1.07k). Over the past 8 years the exports of New Caledonia to Paraguay have increased at an annualized rate of 23.7%, from $195 in 2014 to $1.07k in 2022.

In 2022, New Caledonia did not export any services to Paraguay.

Paraguay-New Caledonia Trade: In 2022, Paraguay exported $1.34k to New Caledonia. The main products that Paraguay exported to New Caledonia were N/A. Over the past 8 years the exports of Paraguay to New Caledonia have increased at an annualized rate of 9.67%, from $846 in 2014 to $1.34k in 2022.

In 2022, Paraguay did not export any services to New Caledonia.

Comparison In 2022, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Caledonia exported $1.07k to Paraguay. The main products exported from New Caledonia to Paraguay were Centrifuges ($1.07k). During the last 8 years the exports of New Caledonia to Paraguay have increased at an annualized rate of 23.7%, from $195 in 2014 to $1.07k in 2022.

In 2010, Paraguay exported $1.34k to New Caledonia. There were not main exports from Paraguay to New Caledonia in 2010. During the last 5 years the exports of Paraguay to New Caledonia have increased at an annualized rate of 9.67%, from $846 in 2015 to $1.34k in 2010.

Exports from New Caledonia () to Paraguay () (2022)

Exports from Paraguay () to New Caledonia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Caledonia
Top DestinationChina$1.79B

Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from New Caledonia than Paraguay included China ($1.79B), Japan ($334M), and South Korea ($403M).

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

Difference in imports from Paraguay () and New Caledonia () (2022)

Comparative Advantage New Caledonia - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Caledonia had a large net trade with Paraguay in the exports of Machines ($1.07k).

During 2010, Paraguay had a large net trade with New Caledonia in the exports of .

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

About

Historical Data

Bilateral Trade by Products

Exports from New Caledonia () to Paraguay () (2022)

Exports from Paraguay () to New Caledonia () (2022)

Market Competitiveness

Difference in imports from Paraguay () and New Caledonia () (2022)

Comparative Advantage New Caledonia - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Caledonia () and Paraguay () (2022)

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