2022
Exports
$7.78MWorld Rnk 143 / 214
Flag Rnk 73 / 790
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$1.87BWorld Rnk 88 / 225
Flag Rnk 1 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $7.78M in Refined Petroleum, making it the 143rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 73rd most exported product in Paraguay. The main destination of Refined Petroleum exports from Paraguay are: Bolivia ($7.67M), Uruguay ($49.4k), Brazil ($32.1k), Peru ($22.8k), and Seychelles ($2.85k).

The fastest growing export markets for Refined Petroleum of Paraguay between 2021 and 2022 were Bolivia ($7.67M), Uruguay ($49.4k), and Peru ($22.8k).

Imports In 2022, Paraguay imported $1.87B in Refined Petroleum, becoming the 88th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Paraguay. Paraguay imports Refined Petroleum primarily from: United States ($512M), Singapore ($343M), Argentina ($292M), United Arab Emirates ($176M), and Oman ($80.4M).

The fastest growing import markets in Refined Petroleum for Paraguay between 2021 and 2022 were United States ($123M), Singapore ($105M), and United Arab Emirates ($83.1M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 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

Trade Balance

Color
EXPORTS (2022)$7.78M
IMPORTS (2022)$1.87B
NET TRADE (2022)-$1.86B

In 2022, Paraguay exported $7.78M in Refined Petroleum. The main destinations of Paraguay exports on Refined Petroleum were Bolivia ($7.67M), Uruguay ($49.4k), Brazil ($32.1k), Peru ($22.8k), and Seychelles ($2.85k).

In 2022, Paraguay imported $1.87B in Refined Petroleum, mainly from United States ($512M), Singapore ($343M), Argentina ($292M), United Arab Emirates ($176M), and Oman ($80.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Bolivia$7.67M (109k%)
Uruguay$49.4k (1%)
Peru$22.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Paraguay WERE (2021 - 2022):
Chile-$4.63k (-93.3%)
Netherlands-$445 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Refined Petroleum were:
In 2022, Paraguay's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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