2023
Exports
$40.4MWorld Rnk 30 / 163
Flag Rnk 30 / 767
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$10.2kWorld Rnk 163 / 203
Flag Rnk 1036 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $40.4M in Bananas, making it the 30th largest exporter of Bananas in the world. At the same year, Bananas was the 30th most exported product in Paraguay. The main destination of Bananas exports from Paraguay are: Argentina ($33.9M) and Uruguay ($6.48M).

The fastest growing export markets for Bananas of Paraguay between 2022 and 2023 were Argentina ($23.1M) and Uruguay ($5.19M).

Imports In 2023, Paraguay imported $10.2k in Bananas, becoming the 163rd largest importer of Bananas in the world. At the same year, Bananas was the 1036th most imported product in Paraguay. Paraguay imports Bananas primarily from: Argentina ($7.74k), Germany ($1.96k), and Brazil ($505).

The fastest growing import markets in Bananas for Paraguay between 2022 and 2023 were Argentina ($6.28k) and Brazil ($497).

Latest Trends

Jan 2025

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 Bananas. 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 (2023)$40.4M
IMPORTS (2023)$10.2k
NET TRADE (2023)$40.4M

In 2023, Paraguay exported $40.4M in Bananas. The main destinations of Paraguay exports on Bananas were Argentina ($33.9M) and Uruguay ($6.48M).

In 2023, Paraguay imported $10.2k in Bananas, mainly from Argentina ($7.74k), Germany ($1.96k), and Brazil ($505).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Argentina$23.1M (213%)
Uruguay$5.19M (401%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Paraguay WERE (2022 - 2023):
Chile-$68.8k (-100%)
Germany-$3.01k (-100%)
Canada-$102 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Bananas were:
In 2023, Paraguay's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $107k
TOP IMPORT POTENTIALGermany+ $2.08k

Bananas’s highest export potential is Chile. With an export gap of $107k.   Bananas’s highest import potential is Germany with an import gap of $2.08k.

See methodology.

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