2022
Exports
$14.4kWorld Rnk 103 / 166
Flag Rnk 542 / 790
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$332kWorld Rnk 132 / 214
Flag Rnk 771 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $14.4k in Soldering and Welding Machinery, making it the 103rd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 542nd most exported product in Paraguay. The main destination of Soldering and Welding Machinery exports from Paraguay are: Guyana ($11.4k) and Spain ($2.98k).

The fastest growing export markets for Soldering and Welding Machinery of Paraguay between 2021 and 2022 were Guyana ($11.4k) and Spain ($2.98k).

Imports In 2022, Paraguay imported $332k in Soldering and Welding Machinery, becoming the 132nd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 771st most imported product in Paraguay. Paraguay imports Soldering and Welding Machinery primarily from: China ($138k), Brazil ($125k), Germany ($36.1k), Chile ($12.3k), and India ($5.8k).

The fastest growing import markets in Soldering and Welding Machinery for Paraguay between 2021 and 2022 were Germany ($35.2k), Spain ($2.52k), and Italy ($2.42k).

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 Soldering and Welding Machinery. 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)$14.4k
IMPORTS (2022)$332k
NET TRADE (2022)-$318k

In 2022, Paraguay exported $14.4k in Soldering and Welding Machinery. The main destinations of Paraguay exports on Soldering and Welding Machinery were Guyana ($11.4k) and Spain ($2.98k).

In 2022, Paraguay imported $332k in Soldering and Welding Machinery, mainly from China ($138k), Brazil ($125k), Germany ($36.1k), Chile ($12.3k), and India ($5.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Guyana$11.4k (1%)
Spain$2.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Paraguay WERE (2021 - 2022):
Brazil-$9.98k (-100%)
Tanzania-$2.16k (-100%)
Chile-$250 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Paraguay's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $799
TOP IMPORT POTENTIALChina+ $50.8k

Soldering and Welding Machinery’s highest export potential is Spain. With an export gap of $799.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $50.8k.

See methodology.

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