HS Icon Refined Petroleum in  Flag Paraguay

2021
Exports | Imports
: $41.6k | $1.4B, World Rnk 188 / 218
Flag Rnk 419 / 748 | World Rnk 85 / 226
Flag Rnk 2 / 1111

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.97k | $169M, Bolivia |  United States

2021
ECONOMIC COMPLEXITY of Paraguay
: -0.38, Rnk 80 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

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%).

Mar 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Refined Petroleum. 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

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EXPORTS (2021): $41.6k

IMPORTS (2021): $1.4B

NET TRADE (2021): -$1.4B

In 2021, Paraguay exported $41.6k in Refined Petroleum. The main destinations of Paraguay exports on Refined Petroleum were Brazil ($29.3k), Bolivia ($6.97k), Chile ($4.92k), and Netherlands ($440).

In 2021, Paraguay imported $1.4B in Refined Petroleum, mainly from United States ($388M), Argentina ($291M), Singapore ($231M), India ($130M), and United Arab Emirates ($92.4M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Paraguay WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Paraguay WERE (2020 - 2021):

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Market Concentration

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In 2021, Paraguay's main exporting competitors in Refined Petroleum were:

In 2021, Paraguay's main importing competitors in Refined Petroleum were:

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