2022
Exports
$1.09BWorld Rnk 10 / 160
Flag Rnk 3 / 790
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$82.3MWorld Rnk 67 / 212
Flag Rnk 31 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $1.09B 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 ($526M), Chile ($224M), South Korea ($83.9M), Peru ($56.3M), and Saudi Arabia ($48.4M).

The fastest growing export markets for Corn of Paraguay between 2021 and 2022 were Chile ($203M), Brazil ($160M), and South Korea ($66.4M).

Imports In 2022, Paraguay imported $82.3M in Corn, becoming the 67th largest importer of Corn in the world. At the same year, Corn was the 31st most imported product in Paraguay. Paraguay imports Corn primarily from: Brazil ($77.6M), Argentina ($4.15M), and Chile ($547k).

The fastest growing import markets in Corn for Paraguay between 2021 and 2022 were Brazil ($20.4M).

Latest Trends

Sep 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 (2022)$1.09B
IMPORTS (2022)$82.3M
NET TRADE (2022)$1B

In 2022, Paraguay exported $1.09B in Corn. The main destinations of Paraguay exports on Corn were Brazil ($526M), Chile ($224M), South Korea ($83.9M), Peru ($56.3M), and Saudi Arabia ($48.4M).

In 2022, Paraguay imported $82.3M in Corn, mainly from Brazil ($77.6M), Argentina ($4.15M), and Chile ($547k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Chile$203M (950%)
Brazil$160M (43.8%)
South Korea$66.4M (380%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Paraguay WERE (2021 - 2022):
Egypt-$5.67M (-100%)
Portugal-$10.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Corn were:
In 2022, Paraguay's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
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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