2023
Exports
$814MWorld Rnk 13 / 123
Flag Rnk 5 / 767
2023
PRODUCT COMPLEXITY IN Bovine Meat
-0.65Rnk 748 / 1025
2023
Imports
$15.9MWorld Rnk 63 / 203
Flag Rnk 153 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $814M in Bovine Meat, making it the 13th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 5th most exported product in Paraguay. The main destination of Bovine Meat exports from Paraguay are: Chile ($637M), Brazil ($124M), Uruguay ($19.5M), Switzerland ($14M), and Germany ($9.67M).

The fastest growing export markets for Bovine Meat of Paraguay between 2022 and 2023 were Chinese Taipei ($754k), Germany ($558k), and Austria ($142k).

Imports In 2023, Paraguay imported $15.9M in Bovine Meat, becoming the 63rd largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 153rd most imported product in Paraguay. Paraguay imports Bovine Meat primarily from: Brazil ($14.8M), Chile ($773k), Chinese Taipei ($144k), and Uruguay ($115k).

The fastest growing import markets in Bovine Meat for Paraguay between 2022 and 2023 were Brazil ($13.2M), Chinese Taipei ($144k), and Uruguay ($115k).

Latest Trends

Dec 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 Bovine Meat. 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)$814M
IMPORTS (2023)$15.9M
NET TRADE (2023)$798M

In 2023, Paraguay exported $814M in Bovine Meat. The main destinations of Paraguay exports on Bovine Meat were Chile ($637M), Brazil ($124M), Uruguay ($19.5M), Switzerland ($14M), and Germany ($9.67M).

In 2023, Paraguay imported $15.9M in Bovine Meat, mainly from Brazil ($14.8M), Chile ($773k), Chinese Taipei ($144k), and Uruguay ($115k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Chinese Taipei$754k (1%)
Germany$558k (6.13%)
Austria$142k (82.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Paraguay WERE (2022 - 2023):
Chile-$36.9M (-5.48%)
Brazil-$29.1M (-19%)
Uruguay-$16M (-45.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $9.7M
TOP IMPORT POTENTIALBrazil+ $432k

Bovine Meat’s highest export potential is Germany. With an export gap of $9.7M.   Bovine Meat’s highest import potential is Brazil with an import gap of $432k.

See methodology.

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