2022
Exports
$27.9MWorld Rnk 46 / 203
Flag Rnk 37 / 790
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$17.5MWorld Rnk 70 / 218
Flag Rnk 144 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $27.9M in Knit Socks and Hosiery, making it the 46th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 37th most exported product in Paraguay. The main destination of Knit Socks and Hosiery exports from Paraguay are: Brazil ($27.8M), Peru ($49.2k), United States ($21.9k), Venezuela ($16.4k), and Uruguay ($9.39k).

The fastest growing export markets for Knit Socks and Hosiery of Paraguay between 2021 and 2022 were Brazil ($3.9M), Peru ($49.2k), and United States ($21.9k).

Imports In 2022, Paraguay imported $17.5M in Knit Socks and Hosiery, becoming the 70th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 144th most imported product in Paraguay. Paraguay imports Knit Socks and Hosiery primarily from: Chile ($12.6M), China ($2.27M), Brazil ($1.61M), Pakistan ($230k), and Sri Lanka ($160k).

The fastest growing import markets in Knit Socks and Hosiery for Paraguay between 2021 and 2022 were Chile ($6.62M), China ($1.11M), and Brazil ($1.07M).

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 Knit Socks and Hosiery. 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)$27.9M
IMPORTS (2022)$17.5M
NET TRADE (2022)$10.4M

In 2022, Paraguay exported $27.9M in Knit Socks and Hosiery. The main destinations of Paraguay exports on Knit Socks and Hosiery were Brazil ($27.8M), Peru ($49.2k), United States ($21.9k), Venezuela ($16.4k), and Uruguay ($9.39k).

In 2022, Paraguay imported $17.5M in Knit Socks and Hosiery, mainly from Chile ($12.6M), China ($2.27M), Brazil ($1.61M), Pakistan ($230k), and Sri Lanka ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Brazil$3.9M (16.3%)
Peru$49.2k (1%)
United States$21.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Paraguay WERE (2021 - 2022):
Chile-$36.4k (-83.9%)
Spain-$134 (-70.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Paraguay's main importing competitors in Knit Socks and Hosiery were:

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $175k
TOP IMPORT POTENTIALChina+ $1.73M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $175k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $1.73M.

See methodology.

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