2023
Exports
$3.59MWorld Rnk 94 / 150
Flag Rnk 107 / 767
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$12.2kWorld Rnk 121 / 159
Flag Rnk 1029 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $3.59M in Crude Petroleum, making it the 94th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 107th most exported product in Paraguay. The main destination of Crude Petroleum exports from Paraguay are: Bolivia ($3.59M).

The fastest growing export markets for Crude Petroleum of Paraguay between N/A and 2023 were Bolivia ($3.59M).

Imports In 2023, Paraguay imported $12.2k in Crude Petroleum, becoming the 121st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1029th most imported product in Paraguay. Paraguay imports Crude Petroleum primarily from: China ($11.2k), Brazil ($1.04k), and Argentina ($2).

The fastest growing import markets in Crude Petroleum for Paraguay between 2022 and 2023 were China ($11k), Brazil ($486), and Argentina ($2).

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 Crude Petroleum. 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)$3.59M
IMPORTS (2023)$12.2k
NET TRADE (2023)$3.58M

In 2023, Paraguay exported $3.59M in Crude Petroleum. The main destinations of Paraguay exports on Crude Petroleum were Bolivia ($3.59M).

In 2023, Paraguay imported $12.2k in Crude Petroleum, mainly from China ($11.2k), Brazil ($1.04k), and Argentina ($2).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Paraguay WERE (N/A - 2023):Bolivia$3.59M (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Crude Petroleum were:
In 2023, Paraguay's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.16k
TOP IMPORT POTENTIALBrazil+ $1.29k

Crude Petroleum’s highest export potential is China. With an export gap of $1.16k.   Crude Petroleum’s highest import potential is Brazil with an import gap of $1.29k.

See methodology.

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