2022
Exports
$193MWorld Rnk 61 / 217
Flag Rnk 8 / 94
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$272MWorld Rnk 65 / 225
Flag Rnk 12 / 96
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $193M in Beverages, spirits, & vinegar, making it the 61st largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 8th most exported product in Paraguay. The main destination of Beverages, spirits, & vinegar exports from Paraguay are: Brazil ($74.4M), Singapore ($69.7M), Netherlands ($27.9M), United Kingdom ($12.4M), and Finland ($6.42M).

The fastest growing export markets for Beverages, spirits, & vinegar of Paraguay between 2021 and 2022 were Singapore ($56.9M), Netherlands ($27.8M), and United Kingdom ($12.4M).

Imports In 2022, Paraguay imported $272M in Beverages, spirits, & vinegar, becoming the 65th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 12th most imported product in Paraguay. Paraguay imports Beverages, spirits, & vinegar primarily from: Brazil ($108M), Netherlands ($35.6M), Argentina ($29M), United Kingdom ($25.6M), and United States ($19M).

The fastest growing import markets in Beverages, spirits, & vinegar for Paraguay between 2021 and 2022 were United Kingdom ($9.13M), Mexico ($3.73M), and South Africa ($2.02M).

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 Beverages, spirits, & vinegar. 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)$193M
IMPORTS (2022)$272M
NET TRADE (2022)-$78.5M

In 2022, Paraguay exported $193M in Beverages, spirits, & vinegar. The main destinations of Paraguay exports on Beverages, spirits, & vinegar were Brazil ($74.4M), Singapore ($69.7M), Netherlands ($27.9M), United Kingdom ($12.4M), and Finland ($6.42M).

In 2022, Paraguay imported $272M in Beverages, spirits, & vinegar, mainly from Brazil ($108M), Netherlands ($35.6M), Argentina ($29M), United Kingdom ($25.6M), and United States ($19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Singapore$56.9M (443%)
Netherlands$27.8M (32.8k%)
United Kingdom$12.4M (35k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Paraguay WERE (2021 - 2022):
Brazil-$2.93M (-3.79%)
Chile-$2.16M (-95.2%)
Colombia-$274k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Paraguay's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.06M
TOP IMPORT POTENTIALMexico+ $7.01M

Beverages, spirits, & vinegar’s highest export potential is United Kingdom. With an export gap of $4.06M.   Beverages, spirits, & vinegar’s highest import potential is Mexico with an import gap of $7.01M.

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