2022
Exports | Imports
$590M | $4.83MWorld Rnk 8 / 124
Flag Rnk 6 / 790
World Rnk 127 / 174
Flag Rnk 341 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.37Rnk 79 / 124
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.22Rnk 888 / 1025

About

Exports In 2022, Paraguay exported $590M in Soybean Meal, making it the 8th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 6th most exported product in Paraguay. The main destination of Soybean Meal exports from Paraguay are: Poland ($130M), Argentina ($85.3M), United Kingdom ($66.5M), Ireland ($45.6M), and Peru ($37.1M).

The fastest growing export markets for Soybean Meal of Paraguay between 2021 and 2022 were Argentina ($81.2M), Indonesia ($23.4M), and Vietnam ($22.5M).

Imports In 2022, Paraguay imported $4.83M in Soybean Meal, becoming the 127th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 341st most imported product in Paraguay. Paraguay imports Soybean Meal primarily from: United Kingdom ($3.64M), Bolivia ($748k), Argentina ($440k), Brazil ($138), and Chile ($27).

The fastest growing import markets in Soybean Meal for Paraguay between 2021 and 2022 were United Kingdom ($3.64M), Bolivia ($501k), and Argentina ($361k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Meal from Paraguay to the United States.

Latest Trends

Feb 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 Soybean Meal. 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)$590M
IMPORTS (2022)$4.83M
NET TRADE (2022)$585M

In 2022, Paraguay exported $590M in Soybean Meal. The main destinations of Paraguay exports on Soybean Meal were Poland ($130M), Argentina ($85.3M), United Kingdom ($66.5M), Ireland ($45.6M), and Peru ($37.1M).

In 2022, Paraguay imported $4.83M in Soybean Meal, mainly from United Kingdom ($3.64M), Bolivia ($748k), Argentina ($440k), Brazil ($138), and Chile ($27).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Argentina$81.2M (2k%)
Indonesia$23.4M (181%)
Vietnam$22.5M (672%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Paraguay WERE (2021 - 2022):
Chile-$114M (-76.6%)
Peru-$38M (-50.6%)
Israel-$36.6M (-77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Soybean Meal were:
In 2022, Paraguay's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

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