2022
Exports
$834kWorld Rnk 71 / 178
Flag Rnk 192 / 790
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$2.49MWorld Rnk 107 / 208
Flag Rnk 443 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $834k in Precious Metal Watches, making it the 71st largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 192nd most exported product in Paraguay. The main destination of Precious Metal Watches exports from Paraguay are: United States ($834k).

The fastest growing export markets for Precious Metal Watches of Paraguay between 2021 and 2022 were United States ($413k).

Imports In 2022, Paraguay imported $2.49M in Precious Metal Watches, becoming the 107th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 443rd most imported product in Paraguay. Paraguay imports Precious Metal Watches primarily from: Germany ($908k), Switzerland ($901k), United States ($607k), China ($68.4k), and Chile ($1.98k).

The fastest growing import markets in Precious Metal Watches for Paraguay between 2021 and 2022 were Germany ($908k), Switzerland ($169k), and China ($20k).

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 Precious Metal Watches. 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)$834k
IMPORTS (2022)$2.49M
NET TRADE (2022)-$1.66M

In 2022, Paraguay exported $834k in Precious Metal Watches. The main destinations of Paraguay exports on Precious Metal Watches were United States ($834k).

In 2022, Paraguay imported $2.49M in Precious Metal Watches, mainly from Germany ($908k), Switzerland ($901k), United States ($607k), China ($68.4k), and Chile ($1.98k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):United States$413k (98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Paraguay WERE (2021 - 2022):
Switzerland-$45.8k (-100%)
Kuwait-$1.65k (-100%)
Brazil-$1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Precious Metal Watches were:
In 2022, Paraguay's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $402k
TOP IMPORT POTENTIALSwitzerland+ $319k

Precious Metal Watches’s highest export potential is United States. With an export gap of $402k.   Precious Metal Watches’s highest import potential is Switzerland with an import gap of $319k.

See methodology.

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