2023
Exports
$6.63kWorld Rnk 152 / 183
Flag Rnk 574 / 767
2023
PRODUCT COMPLEXITY IN Compasses
0.63Rnk 316 / 1025
2023
Imports
$770kWorld Rnk 116 / 217
Flag Rnk 646 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $6.63k in Compasses, making it the 152nd largest exporter of Compasses in the world. At the same year, Compasses was the 574th most exported product in Paraguay. The main destination of Compasses exports from Paraguay are: United States ($6.63k).

The fastest growing export markets for Compasses of Paraguay between 2022 and 2023 were United States ($6.63k).

Imports In 2023, Paraguay imported $770k in Compasses, becoming the 116th largest importer of Compasses in the world. At the same year, Compasses was the 646th most imported product in Paraguay. Paraguay imports Compasses primarily from: United States ($430k), Brazil ($136k), China ($67.1k), Hong Kong ($35.3k), and Denmark ($31.5k).

The fastest growing import markets in Compasses for Paraguay between 2022 and 2023 were United States ($128k), Brazil ($125k), and Denmark ($30.1k).

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 Compasses. 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)$6.63k
IMPORTS (2023)$770k
NET TRADE (2023)-$764k

In 2023, Paraguay exported $6.63k in Compasses. The main destinations of Paraguay exports on Compasses were United States ($6.63k).

In 2023, Paraguay imported $770k in Compasses, mainly from United States ($430k), Brazil ($136k), China ($67.1k), Hong Kong ($35.3k), and Denmark ($31.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):United States$6.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Paraguay WERE (2022 - 2023):Netherlands-$19.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $7.42k
TOP IMPORT POTENTIALUnited States+ $94.2k

Compasses’s highest export potential is Netherlands. With an export gap of $7.42k.   Compasses’s highest import potential is United States with an import gap of $94.2k.

See methodology.

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