2022
Exports
$49.6kWorld Rnk 146 / 188
Flag Rnk 89 / 94
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$2.32MWorld Rnk 103 / 212
Flag Rnk 80 / 96
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $49.6k in Natural gums, resins & other vegetable extracts, making it the 146th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 89th most exported product in Paraguay. The main destination of Natural gums, resins & other vegetable extracts exports from Paraguay are: Brazil ($45.3k), Netherlands ($3.04k), Canada ($549), Bolivia ($303), and United Arab Emirates ($209).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Paraguay between 2021 and 2022 were United Arab Emirates ($209) and Colombia ($62).

Imports In 2022, Paraguay imported $2.32M in Natural gums, resins & other vegetable extracts, becoming the 103rd largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 80th most imported product in Paraguay. Paraguay imports Natural gums, resins & other vegetable extracts primarily from: France ($545k), Argentina ($531k), United States ($324k), Brazil ($264k), and Italy ($158k).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Paraguay between 2021 and 2022 were Argentina ($319k), France ($177k), and Ireland ($137k).

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 Natural gums, resins & other vegetable extracts. 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)$49.6k
IMPORTS (2022)$2.32M
NET TRADE (2022)-$2.27M

In 2022, Paraguay exported $49.6k in Natural gums, resins & other vegetable extracts. The main destinations of Paraguay exports on Natural gums, resins & other vegetable extracts were Brazil ($45.3k), Netherlands ($3.04k), Canada ($549), Bolivia ($303), and United Arab Emirates ($209).

In 2022, Paraguay imported $2.32M in Natural gums, resins & other vegetable extracts, mainly from France ($545k), Argentina ($531k), United States ($324k), Brazil ($264k), and Italy ($158k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Paraguay WERE (2021 - 2022):
Argentina-$91.7k (-100%)
Netherlands-$36.7k (-92.3%)
Uruguay-$34.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Paraguay's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALBrazil+ $43.7k
TOP IMPORT POTENTIALBrazil+ $196k

Natural gums, resins & other vegetable extracts’s highest export potential is Brazil. With an export gap of $43.7k.   Natural gums, resins & other vegetable extracts’s highest import potential is Brazil with an import gap of $196k.

See methodology.

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