2022
Exports
$679kWorld Rnk 124 / 216
Flag Rnk 215 / 790
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$55MWorld Rnk 95 / 225
Flag Rnk 52 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $679k in Machinery Having Individual Functions, making it the 124th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 215th most exported product in Paraguay. The main destination of Machinery Having Individual Functions exports from Paraguay are: Brazil ($193k), India ($185k), Argentina ($145k), United States ($105k), and Chile ($29.6k).

The fastest growing export markets for Machinery Having Individual Functions of Paraguay between 2021 and 2022 were India ($185k), Argentina ($144k), and Brazil ($90.1k).

Imports In 2022, Paraguay imported $55M in Machinery Having Individual Functions, becoming the 95th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 52nd most imported product in Paraguay. Paraguay imports Machinery Having Individual Functions primarily from: Brazil ($26.2M), China ($8.34M), Germany ($5.05M), United States ($2.44M), and Italy ($1.95M).

The fastest growing import markets in Machinery Having Individual Functions for Paraguay between 2021 and 2022 were China ($2.23M), Germany ($1.92M), and Chile ($1.15M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machinery Having Individual Functions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$679k
IMPORTS (2022)$55M
NET TRADE (2022)-$54.3M

In 2022, Paraguay exported $679k in Machinery Having Individual Functions. The main destinations of Paraguay exports on Machinery Having Individual Functions were Brazil ($193k), India ($185k), Argentina ($145k), United States ($105k), and Chile ($29.6k).

In 2022, Paraguay imported $55M in Machinery Having Individual Functions, mainly from Brazil ($26.2M), China ($8.34M), Germany ($5.05M), United States ($2.44M), and Italy ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
India$185k (1%)
Argentina$144k (24.7k%)
Brazil$90.1k (87.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Paraguay WERE (2021 - 2022):
Serbia-$835k (-100%)
United States-$201k (-65.8%)
Spain-$48.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Paraguay's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBrazil+ $303k
TOP IMPORT POTENTIALChina+ $4.47M

Machinery Having Individual Functions’s highest export potential is Brazil. With an export gap of $303k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $4.47M.

See methodology.

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