2022
Exports
$70.6kWorld Rnk 99 / 174
Flag Rnk 398 / 790
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$6.53MWorld Rnk 84 / 218
Flag Rnk 284 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

The fastest growing export markets for Woodworking machines of Paraguay between 2021 and 2022 were Brazil ($47.8k), Bolivia ($20.8k), and Argentina ($2k).

Imports In 2022, Paraguay imported $6.53M in Woodworking machines, becoming the 84th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 284th most imported product in Paraguay. Paraguay imports Woodworking machines primarily from: China ($3.01M), Turkey ($1.46M), Brazil ($1.37M), Italy ($183k), and Japan ($103k).

The fastest growing import markets in Woodworking machines for Paraguay between 2021 and 2022 were China ($2.03M), Turkey ($1.45M), and Estonia ($19.7k).

Latest Trends

Jul 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 Woodworking machines. 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)$70.6k
IMPORTS (2022)$6.53M
NET TRADE (2022)-$6.46M

In 2022, Paraguay imported $6.53M in Woodworking machines, mainly from China ($3.01M), Turkey ($1.46M), Brazil ($1.37M), Italy ($183k), and Japan ($103k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Brazil$47.8k (1%)
Bolivia$20.8k (1%)
Argentina$2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Paraguay WERE (2021 - 2022):
Dominican Republic-$668 (-100%)
Thailand-$138 (-100%)
France-$119 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Paraguay's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $45.3k
TOP IMPORT POTENTIALChina+ $547k

Woodworking machines’s highest export potential is Brazil. With an export gap of $45.3k.   Woodworking machines’s highest import potential is China with an import gap of $547k.

See methodology.

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