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2022
Exports $2.7kWorld Rnk 116 / 167
Flag Rnk 618 / 790
2022
Destination $2.6k United States
2021 - 2022
FASTEST GROWING MARKET $2.6kUnited States
2022
Imports $1.01MWorld Rnk 51 / 213
Flag Rnk 595 / 1129
2022
Origin $251k Chile
2021 - 2022
FASTEST GROWING ORIGIN $251kChile
2022
ECONOMIC COMPLEXITY of Paraguay-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $2.7k in Hats, making it the 116th largest exporter of Hats in the world. At the same year, Hats was the 618th most exported product in Paraguay. The main destination of Hats exports from Paraguay are: United States ($2.6k) and Sweden ($99).

The fastest growing export markets for Hats of Paraguay between 2021 and 2022 were United States ($2.6k) and Sweden ($99).

Imports In 2022, Paraguay imported $1.01M in Hats, becoming the 51st largest importer of Hats in the world. At the same year, Hats was the 595th most imported product in Paraguay. Paraguay imports Hats primarily from: Chile ($844k), Brazil ($86.8k), China ($48k), United States ($16.7k), and Bangladesh ($7.78k).

The fastest growing import markets in Hats for Paraguay between 2021 and 2022 were Chile ($251k), China ($38.8k), and Brazil ($37k).

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 Hats. 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)$2.7k
IMPORTS (2022)$1.01M
NET TRADE (2022)-$1.01M

In 2022, Paraguay exported $2.7k in Hats. The main destinations of Paraguay exports on Hats were United States ($2.6k) and Sweden ($99).

In 2022, Paraguay imported $1.01M in Hats, mainly from Chile ($844k), Brazil ($86.8k), China ($48k), United States ($16.7k), and Bangladesh ($7.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
United States$2.6k (1%)
Sweden$99 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Paraguay WERE (2021 - 2022):Spain-$176 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Hats were:
China $298M
Mexico $45M
Italy $24.4M
In 2022, Paraguay's main importing competitors in Hats were:
United States $175M
Germany $30.9M
United Kingdom $25.2M

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.89k
TOP IMPORT POTENTIALChina+ $60k

Hats’s highest export potential is United States. With an export gap of $3.89k.   Hats’s highest import potential is China with an import gap of $60k.

See methodology.

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