2023
Exports
$44.8kWorld Rnk 142 / 202
Flag Rnk 423 / 767
2023
PRODUCT COMPLEXITY IN Chocolate
0.3Rnk 459 / 1025
2023
Imports
$33.9MWorld Rnk 89 / 225
Flag Rnk 90 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $44.8k in Chocolate, making it the 142nd largest exporter of Chocolate in the world. At the same year, Chocolate was the 423rd most exported product in Paraguay. The main destination of Chocolate exports from Paraguay are: Brazil ($16.2k), Canada ($11.1k), Austria ($5.65k), Czechia ($5.17k), and Switzerland ($3.51k).

The fastest growing export markets for Chocolate of Paraguay between 2022 and 2023 were Brazil ($13.7k), Netherlands ($1.17k), and Austria ($345).

Imports In 2023, Paraguay imported $33.9M in Chocolate, becoming the 89th largest importer of Chocolate in the world. At the same year, Chocolate was the 90th most imported product in Paraguay. Paraguay imports Chocolate primarily from: Brazil ($15.7M), Argentina ($6.09M), Switzerland ($3.94M), Chile ($3.5M), and Poland ($982k).

The fastest growing import markets in Chocolate for Paraguay between 2022 and 2023 were Switzerland ($2.15M), Argentina ($1.02M), and Chile ($853k).

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 Chocolate. 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)$44.8k
IMPORTS (2023)$33.9M
NET TRADE (2023)-$33.8M

In 2023, Paraguay exported $44.8k in Chocolate. The main destinations of Paraguay exports on Chocolate were Brazil ($16.2k), Canada ($11.1k), Austria ($5.65k), Czechia ($5.17k), and Switzerland ($3.51k).

In 2023, Paraguay imported $33.9M in Chocolate, mainly from Brazil ($15.7M), Argentina ($6.09M), Switzerland ($3.94M), Chile ($3.5M), and Poland ($982k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Brazil$13.7k (548%)
Netherlands$1.17k (67.7%)
Austria$345 (6.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Paraguay WERE (2022 - 2023):
Spain-$34.8k (-99.6%)
Switzerland-$7.26k (-67.4%)
Czechia-$3.87k (-42.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, Paraguay's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $29k
TOP IMPORT POTENTIALGermany+ $1.05M

Chocolate’s highest export potential is Spain. With an export gap of $29k.   Chocolate’s highest import potential is Germany with an import gap of $1.05M.

See methodology.

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