2022
Exports
$1.99MWorld Rnk 75 / 208
Flag Rnk 136 / 790
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$2.1MWorld Rnk 106 / 220
Flag Rnk 475 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $1.99M in Knitted Hats, making it the 75th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 136th most exported product in Paraguay. The main destination of Knitted Hats exports from Paraguay are: Brazil ($1.79M), Argentina ($89.6k), Uruguay ($55k), Chile ($22.8k), and Peru ($19.7k).

The fastest growing export markets for Knitted Hats of Paraguay between 2021 and 2022 were Chile ($22.5k), Peru ($19.2k), and Venezuela ($2.94k).

Imports In 2022, Paraguay imported $2.1M in Knitted Hats, becoming the 106th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 475th most imported product in Paraguay. Paraguay imports Knitted Hats primarily from: China ($1.05M), Brazil ($469k), Chile ($106k), Vietnam ($100k), and United States ($78.5k).

The fastest growing import markets in Knitted Hats for Paraguay between 2021 and 2022 were China ($387k), Brazil ($218k), and Chile ($94.2k).

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 Knitted 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)$1.99M
IMPORTS (2022)$2.1M
NET TRADE (2022)-$107k

In 2022, Paraguay exported $1.99M in Knitted Hats. The main destinations of Paraguay exports on Knitted Hats were Brazil ($1.79M), Argentina ($89.6k), Uruguay ($55k), Chile ($22.8k), and Peru ($19.7k).

In 2022, Paraguay imported $2.1M in Knitted Hats, mainly from China ($1.05M), Brazil ($469k), Chile ($106k), Vietnam ($100k), and United States ($78.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Chile$22.5k (8.4k%)
Peru$19.2k (3.65k%)
Venezuela$2.94k (481%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Paraguay WERE (2021 - 2022):
Brazil-$658k (-26.9%)
Argentina-$16.7k (-15.7%)
Uruguay-$12.2k (-18.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Knitted Hats were:
In 2022, Paraguay's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $78.5k
TOP IMPORT POTENTIALChina+ $473k

Knitted Hats’s highest export potential is Argentina. With an export gap of $78.5k.   Knitted Hats’s highest import potential is China with an import gap of $473k.

See methodology.

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