Paraguay-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $254.46M total volume •Paraguay surplus: $1.35M
Paraguay → Viet Nam
$127.91M
Exports (2023)
Viet Nam → Paraguay
$126.55M
Imports (2023)
Trade Balance
$1.35M
Surplus for Paraguay
Total Trade
$254.46M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Paraguay and Viet Nam. Green line shows exports from Paraguay, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Paraguay-Viet Nam commercial relationship and competitive positioning in global markets.
Paraguay → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Paraguay's export portfolio to Viet Nam demonstrates strategic specialization, with oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil representing a key competitive advantage in this bilateral market.
Viet Nam → Paraguay Imports
Import Dependency Profile
📦 Import Strategy Analysis
Paraguay's import pattern from Viet Nam reveals strategic sourcingin telephones for cellular networks or for other wireless networks, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Paraguay demonstrates competitive strength in exportingoil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $254.46M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Paraguay-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $254.46 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Paraguay maintains a surplus of $1.35 million
- Export Focus: Paraguay's primary exports include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, meat: of bovine animals, boneless cuts, frozen, cotton: not carded or combed
- Import Dependencies: Key imports from Viet Nam include telephones for cellular networks or for other wireless networks, sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $254.46M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Paraguay leveraging its comparative advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Paraguay's specialization in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oilcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in telephones for cellular networks or for other wireless networks.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $254.46M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $254.46M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $254.46 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil and telephones for cellular networks or for other wireless networks demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Paraguay's trade surplus of $1.35 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Paraguay and Viet Nam represents a total trade volume of $254.46 million in 2023. This partnership demonstrates a favorable trade balance for Paraguay, with exports exceeding importsby $1.35 million.
Export Strengths
Paraguay's exports to Viet Nam total $127.91 million, with competitive advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, representing $41.25M or32.2% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $126.55 million, highlighting economic interdependence in telephones for cellular networks or for other wireless networks, with Telephones for cellular networks or for other wireless networks comprising58.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Paraguay's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Paraguay and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023