2022
Exports
$68.5kWorld Rnk 135 / 196
Flag Rnk 402 / 790
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$28.3MWorld Rnk 94 / 225
Flag Rnk 96 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $68.5k in Chocolate, making it the 135th largest exporter of Chocolate in the world. At the same year, Chocolate was the 402nd most exported product in Paraguay. The main destination of Chocolate exports from Paraguay are: Spain ($33.7k), Canada ($11.4k), Switzerland ($10.8k), Czechia ($8.51k), and Brazil ($2.5k).

The fastest growing export markets for Chocolate of Paraguay between 2021 and 2022 were Spain ($30k).

Imports In 2022, Paraguay imported $28.3M in Chocolate, becoming the 94th largest importer of Chocolate in the world. At the same year, Chocolate was the 96th most imported product in Paraguay. Paraguay imports Chocolate primarily from: Brazil ($15.3M), Argentina ($4.94M), Chile ($2.61M), Germany ($1.75M), and Switzerland ($735k).

The fastest growing import markets in Chocolate for Paraguay between 2021 and 2022 were Brazil ($2.64M), Chile ($482k), and Switzerland ($341k).

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 Chocolate. 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)$68.5k
IMPORTS (2022)$28.3M
NET TRADE (2022)-$28.2M

In 2022, Paraguay exported $68.5k in Chocolate. The main destinations of Paraguay exports on Chocolate were Spain ($33.7k), Canada ($11.4k), Switzerland ($10.8k), Czechia ($8.51k), and Brazil ($2.5k).

In 2022, Paraguay imported $28.3M in Chocolate, mainly from Brazil ($15.3M), Argentina ($4.94M), Chile ($2.61M), Germany ($1.75M), and Switzerland ($735k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):Spain$30k (828%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Paraguay WERE (2021 - 2022):
Brazil-$39.7k (-94.1%)
Switzerland-$9.51k (-46.9%)
Netherlands-$6.94k (-80.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Paraguay's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $29k
TOP IMPORT POTENTIALGermany+ $1.05M

Chocolate’s highest export potential is Spain. With an export gap of $29k.   Chocolate’s highest import potential is Germany with an import gap of $1.05M.

See methodology.

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