2022
Exports | Imports
$313k | $13.1MWorld Rnk 148 / 221
Flag Rnk 274 / 790
World Rnk 137 / 224
Flag Rnk 170 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.37Rnk 79 / 124
2022
PRODUCT COMPLEXITY IN Excavation Machinery
1.1Rnk 137 / 1025

About

Exports In 2022, Paraguay exported $313k in Excavation Machinery, making it the 148th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 274th most exported product in Paraguay. The main destination of Excavation Machinery exports from Paraguay are: Mexico ($188k), United States ($61.6k), Chile ($18.5k), Brazil ($16.2k), and Uruguay ($11.2k).

The fastest growing export markets for Excavation Machinery of Paraguay between 2021 and 2022 were Mexico ($188k), Chile ($14.7k), and Bolivia ($9.56k).

Imports In 2022, Paraguay imported $13.1M in Excavation Machinery, becoming the 137th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 170th most imported product in Paraguay. Paraguay imports Excavation Machinery primarily from: Brazil ($4.48M), China ($3.23M), United States ($1.21M), Italy ($668k), and Mexico ($484k).

The fastest growing import markets in Excavation Machinery for Paraguay between 2021 and 2022 were China ($546k), Mexico ($278k), and Turkey ($131k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Excavation Machinery from Paraguay to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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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 Excavation Machinery. 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)$313k
IMPORTS (2022)$13.1M
NET TRADE (2022)-$12.8M

In 2022, Paraguay exported $313k in Excavation Machinery. The main destinations of Paraguay exports on Excavation Machinery were Mexico ($188k), United States ($61.6k), Chile ($18.5k), Brazil ($16.2k), and Uruguay ($11.2k).

In 2022, Paraguay imported $13.1M in Excavation Machinery, mainly from Brazil ($4.48M), China ($3.23M), United States ($1.21M), Italy ($668k), and Mexico ($484k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Mexico$188k (1%)
Chile$14.7k (391%)
Bolivia$9.56k (801%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Paraguay WERE (2021 - 2022):
United States-$83.5k (-57.5%)
Italy-$53.3k (-100%)
Uruguay-$8.14k (-42.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Excavation Machinery were:
In 2022, Paraguay's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

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