2022
Exports
$1.29MWorld Rnk 64 / 166
Flag Rnk 166 / 790
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$1.07MWorld Rnk 69 / 197
Flag Rnk 584 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $1.29M in Locust beans, seaweed, sugar beet, cane, for food, making it the 64th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 166th most exported product in Paraguay. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Paraguay are: Hong Kong ($259k), Brazil ($227k), Guatemala ($205k), Vietnam ($149k), and Japan ($106k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Paraguay between 2021 and 2022 were Hong Kong ($259k), Guatemala ($205k), and Brazil ($190k).

Imports In 2022, Paraguay imported $1.07M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 69th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 584th most imported product in Paraguay. Paraguay imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Uruguay ($1.06M), Brazil ($12.4k), and United States ($167).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Paraguay between 2021 and 2022 were Uruguay ($887k) and Brazil ($12.4k).

Latest Trends

Oct 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 Locust beans, seaweed, sugar beet, cane, for food. 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)$1.29M
IMPORTS (2022)$1.07M
NET TRADE (2022)$216k

In 2022, Paraguay exported $1.29M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Paraguay exports on Locust beans, seaweed, sugar beet, cane, for food were Hong Kong ($259k), Brazil ($227k), Guatemala ($205k), Vietnam ($149k), and Japan ($106k).

In 2022, Paraguay imported $1.07M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Uruguay ($1.06M), Brazil ($12.4k), and United States ($167).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Hong Kong$259k (1%)
Guatemala$205k (164k%)
Brazil$190k (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Paraguay WERE (2021 - 2022):
Ukraine-$24.8k (-94.4%)
Chile-$22.2k (-53.5%)
France-$19.7k (-80%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Paraguay's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $112k
TOP IMPORT POTENTIALSouth Korea+ $33.4k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is Japan. With an export gap of $112k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is South Korea with an import gap of $33.4k.

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