Exports In 2021, Paraguay exported $41.6k in Refined Petroleum, making it the 188th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 419th most exported product in Paraguay. The main destination of Refined Petroleum exports from Paraguay are: Brazil ($29.3k), Bolivia ($6.97k), Chile ($4.92k), and Netherlands ($440).
The fastest growing export markets for Refined Petroleum of Paraguay between 2020 and 2021 were Bolivia ($6.97k), Chile ($3.79k), and Netherlands ($440).
Imports In 2021, Paraguay imported $1.4B in Refined Petroleum, becoming the 85th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Paraguay. Paraguay imports Refined Petroleum primarily from: United States ($388M), Argentina ($291M), Singapore ($231M), India ($130M), and United Arab Emirates ($92.4M).
The fastest growing import markets in Refined Petroleum for Paraguay between 2020 and 2021 were United States ($169M), Argentina ($130M), and India ($91.9M).
Tariffs In 2018, the average tariff for Paraguay in Refined Petroleum was 0.43%. The countries with the highest import tariffs for Refined Petroleum were Mexico (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.6%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.4%), Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.4%), Angola (Most Favoured Nation duty rate treatment, 0.4%), and Burundi (Most Favoured Nation duty rate treatment, 0.4%).