2022
Exports
$90.2kWorld Rnk 63 / 167
Flag Rnk 376 / 790
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments
0.55Rnk 344 / 1025
2022
Imports
$2.3MWorld Rnk 68 / 210
Flag Rnk 456 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $90.2k in Electric Musical Instruments, making it the 63rd largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 376th most exported product in Paraguay. The main destination of Electric Musical Instruments exports from Paraguay are: Brazil ($89.3k), Chile ($659), Austria ($254), and Colombia ($50).

The fastest growing export markets for Electric Musical Instruments of Paraguay between 2021 and 2022 were Chile ($659), Austria ($254), and Colombia ($50).

Imports In 2022, Paraguay imported $2.3M in Electric Musical Instruments, becoming the 68th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 456th most imported product in Paraguay. Paraguay imports Electric Musical Instruments primarily from: China ($801k), Chile ($742k), Indonesia ($473k), United States ($173k), and South Korea ($36.9k).

The fastest growing import markets in Electric Musical Instruments for Paraguay between 2021 and 2022 were Indonesia ($259k), Chile ($198k), and China ($136k).

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 Electric Musical Instruments. 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)$90.2k
IMPORTS (2022)$2.3M
NET TRADE (2022)-$2.21M

In 2022, Paraguay exported $90.2k in Electric Musical Instruments. The main destinations of Paraguay exports on Electric Musical Instruments were Brazil ($89.3k), Chile ($659), Austria ($254), and Colombia ($50).

In 2022, Paraguay imported $2.3M in Electric Musical Instruments, mainly from China ($801k), Chile ($742k), Indonesia ($473k), United States ($173k), and South Korea ($36.9k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Chile$659 (1%)
Austria$254 (1%)
Colombia$50 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Paraguay WERE (2021 - 2022):
Brazil-$13.5k (-13.1%)
Switzerland-$874 (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Electric Musical Instruments were:
In 2022, Paraguay's main importing competitors in Electric Musical Instruments were:

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBrazil+ $28.8k
TOP IMPORT POTENTIALChina+ $241k

Electric Musical Instruments’s highest export potential is Brazil. With an export gap of $28.8k.   Electric Musical Instruments’s highest import potential is China with an import gap of $241k.

See methodology.

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