Paraguay (PRY) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Paraguay-Cyprus Trade: In 2022, Paraguay exported $414k to Cyprus. The main products that Paraguay exported to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). Over the past 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%, from $296k in 2017 to $414k in 2022.

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

Cyprus-Paraguay Trade: In 2022, Cyprus exported $477k to Paraguay. The main products that Cyprus exported to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). Over the past 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 27.6%, from $41.5k in 2017 to $477k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), 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 $414k to Cyprus. The main products exported from Paraguay to Cyprus were Wood Charcoal ($413k), Non-Knit Women's Suits ($1.01k), and High-voltage Protection Equipment ($65). During the last 5 years the exports of Paraguay to Cyprus have increased at an annualized rate of 6.92%, from $296k in 2017 to $414k in 2022.

In 2017, Cyprus exported $477k to Paraguay. The main products exported from Cyprus to Paraguay were Other Plastic Products ($153k), Liquid Dispersing Machines ($73.1k), and Audio Alarms ($55.7k). During the last 5 years the exports of Cyprus to Paraguay have increased at an annualized rate of 27.6%, from $41.5k in 2022 to $477k in 2017.

Exports from Paraguay () to Cyprus () (2022)

Exports from Cyprus () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cyprus ()

Paraguay Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Paraguay included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Comparative Advantage Paraguay - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Paraguay had a large net trade with Cyprus in the exports of Wood Products ($413k), Textiles ($1.01k), and Machines ($65).

During 2017, Cyprus had a large net trade with Paraguay in the exports of Machines ($214k), Plastics and Rubbers ($156k), and Transportation ($47.5k).

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

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Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Cyprus () (2022)

Exports from Cyprus () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cyprus ()

Paraguay Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Paraguay - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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