2022
Exports
$2.14MWorld Rnk 96 / 192
Flag Rnk 131 / 790
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$4.45MWorld Rnk 131 / 223
Flag Rnk 354 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $2.14M in Packing Bags, making it the 96th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 131st most exported product in Paraguay. The main destination of Packing Bags exports from Paraguay are: Brazil ($1.29M), Chile ($640k), Argentina ($217k), Saudi Arabia ($1.05k), and Australia ($600).

The fastest growing export markets for Packing Bags of Paraguay between 2021 and 2022 were Chile ($640k), Saudi Arabia ($1.05k), and Australia ($600).

Imports In 2022, Paraguay imported $4.45M in Packing Bags, becoming the 131st largest importer of Packing Bags in the world. At the same year, Packing Bags was the 354th most imported product in Paraguay. Paraguay imports Packing Bags primarily from: Brazil ($2.74M), India ($604k), Bolivia ($414k), China ($226k), and Chile ($119k).

The fastest growing import markets in Packing Bags for Paraguay between 2021 and 2022 were India ($144k), Chile ($78.1k), and Argentina ($73.7k).

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 Packing Bags. 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)$2.14M
IMPORTS (2022)$4.45M
NET TRADE (2022)-$2.3M

In 2022, Paraguay exported $2.14M in Packing Bags. The main destinations of Paraguay exports on Packing Bags were Brazil ($1.29M), Chile ($640k), Argentina ($217k), Saudi Arabia ($1.05k), and Australia ($600).

In 2022, Paraguay imported $4.45M in Packing Bags, mainly from Brazil ($2.74M), India ($604k), Bolivia ($414k), China ($226k), and Chile ($119k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Chile$640k (1%)
Saudi Arabia$1.05k (1%)
Australia$600 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Paraguay WERE (2021 - 2022):
Brazil-$876k (-40.5%)
Argentina-$326k (-60.1%)
Senegal-$2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
In 2022, Paraguay's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $89.9k
TOP IMPORT POTENTIALIndia+ $440k

Packing Bags’s highest export potential is Argentina. With an export gap of $89.9k.   Packing Bags’s highest import potential is India with an import gap of $440k.

See methodology.

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