2023
Exports
$29.3MWorld Rnk 27 / 134
Flag Rnk 40 / 767
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$744kWorld Rnk 76 / 179
Flag Rnk 653 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $29.3M in Raw Cotton, making it the 27th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 40th most exported product in Paraguay. The main destination of Raw Cotton exports from Paraguay are: Vietnam ($18.9M), Indonesia ($7.08M), Turkey ($1.39M), Bangladesh ($1.31M), and Switzerland ($522k).

The fastest growing export markets for Raw Cotton of Paraguay between 2022 and 2023 were Vietnam ($9.6M), Indonesia ($4.97M), and Turkey ($1.39M).

Imports In 2023, Paraguay imported $744k in Raw Cotton, becoming the 76th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 653rd most imported product in Paraguay. Paraguay imports Raw Cotton primarily from: Brazil ($741k), Pakistan ($994), China ($750), Turkey ($327), and United States ($283).

The fastest growing import markets in Raw Cotton for Paraguay between 2022 and 2023 were Brazil ($581k), Pakistan ($461), and Peru ($91).

Latest Trends

Dec 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 Raw Cotton. 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 (2023)$29.3M
IMPORTS (2023)$744k
NET TRADE (2023)$28.6M

In 2023, Paraguay exported $29.3M in Raw Cotton. The main destinations of Paraguay exports on Raw Cotton were Vietnam ($18.9M), Indonesia ($7.08M), Turkey ($1.39M), Bangladesh ($1.31M), and Switzerland ($522k).

In 2023, Paraguay imported $744k in Raw Cotton, mainly from Brazil ($741k), Pakistan ($994), China ($750), Turkey ($327), and United States ($283).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Vietnam$9.6M (104%)
Indonesia$4.97M (235%)
Turkey$1.39M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Paraguay WERE (2022 - 2023):
Bangladesh-$1.16M (-46.9%)
Colombia-$610k (-100%)
Germany-$276k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Raw Cotton were:
In 2023, Paraguay's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.29M
TOP IMPORT POTENTIALBrazil+ $196k

Raw Cotton’s highest export potential is Indonesia. With an export gap of $1.29M.   Raw Cotton’s highest import potential is Brazil with an import gap of $196k.

See methodology.

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