2022
Exports
$174kWorld Rnk 106 / 206
Flag Rnk 324 / 790
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.9Rnk 210 / 1025
2022
Imports
$15.2MWorld Rnk 96 / 220
Flag Rnk 154 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $174k in Bi-Wheel Vehicle Parts, making it the 106th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 324th most exported product in Paraguay. The main destination of Bi-Wheel Vehicle Parts exports from Paraguay are: Brazil ($159k), Chile ($12.7k), Colombia ($806), Switzerland ($463), and Spain ($236).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Paraguay between 2021 and 2022 were Brazil ($123k), Chile ($12.7k), and Colombia ($806).

Imports In 2022, Paraguay imported $15.2M in Bi-Wheel Vehicle Parts, becoming the 96th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 154th most imported product in Paraguay. Paraguay imports Bi-Wheel Vehicle Parts primarily from: China ($12.2M), Brazil ($1.27M), United States ($313k), Hong Kong ($220k), and Japan ($204k).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Paraguay between 2021 and 2022 were China ($718k), Hong Kong ($220k), and United States ($81.7k).

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 Bi-Wheel Vehicle Parts. 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)$174k
IMPORTS (2022)$15.2M
NET TRADE (2022)-$15.1M

In 2022, Paraguay exported $174k in Bi-Wheel Vehicle Parts. The main destinations of Paraguay exports on Bi-Wheel Vehicle Parts were Brazil ($159k), Chile ($12.7k), Colombia ($806), Switzerland ($463), and Spain ($236).

In 2022, Paraguay imported $15.2M in Bi-Wheel Vehicle Parts, mainly from China ($12.2M), Brazil ($1.27M), United States ($313k), Hong Kong ($220k), and Japan ($204k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Brazil$123k (344%)
Chile$12.7k (1%)
Colombia$806 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Paraguay WERE (2021 - 2022):
China-$157 (-100%)
Denmark-$75 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2022, Paraguay's main importing competitors in Bi-Wheel Vehicle Parts were:

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $173k
TOP IMPORT POTENTIALChina+ $1.72M

Bi-Wheel Vehicle Parts’s highest export potential is Brazil. With an export gap of $173k.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $1.72M.

See methodology.

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