2023
Exports
falseWorld Rnk 10 / 158
Flag Rnk 3 / 767
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $876M in Corn, making it the 10th largest exporter of Corn in the world. At the same year, Corn was the 3rd most exported product in Paraguay. The main destination of Corn exports from Paraguay are: Brazil ($266M), Chile ($204M), South Korea ($106M), Uruguay ($98.5M), and Argentina ($64.8M).

The fastest growing export markets for Corn of Paraguay between 2022 and 2023 were Uruguay ($64.4M), Argentina ($45.3M), and South Korea ($29.6M).

The fastest growing import markets in Corn for Paraguay between 2022 and 2023 were Brazil ($20.3M), Argentina ($2.72M), and Lebanon ($4.05k).

Latest Trends

Dec 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 Corn. 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 (2023)$876M

In 2023, Paraguay exported $876M in Corn. The main destinations of Paraguay exports on Corn were Brazil ($266M), Chile ($204M), South Korea ($106M), Uruguay ($98.5M), and Argentina ($64.8M).

In N/A, Paraguay imported N/A in Corn, mainly from Brazil ($109M), Argentina ($7.13M), Chile ($183k), Lebanon ($4.05k), and United States ($66).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Uruguay$64.4M (189%)
Argentina$45.3M (233%)
South Korea$29.6M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Paraguay WERE (2022 - 2023):
Brazil-$249M (-48.3%)
Saudi Arabia-$44.3M (-92.3%)
Israel-$21M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Corn were:
In 2023, Paraguay's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $11.1M
TOP IMPORT POTENTIALBrazil+ $11.1M

Corn’s highest export potential is Italy. With an export gap of $11.1M.   Corn’s highest import potential is Brazil with an import gap of $11.1M.

See methodology.

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