2022
Exports
$572kWorld Rnk 112 / 221
Flag Rnk 229 / 790
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$8.32MWorld Rnk 114 / 218
Flag Rnk 239 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $572k in Knit Sweaters, making it the 112th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 229th most exported product in Paraguay. The main destination of Knit Sweaters exports from Paraguay are: Brazil ($496k), Spain ($52.6k), South Korea ($6.06k), China ($5.31k), and Uruguay ($3.07k).

The fastest growing export markets for Knit Sweaters of Paraguay between 2021 and 2022 were Brazil ($339k), Spain ($34.9k), and South Korea ($5.82k).

Imports In 2022, Paraguay imported $8.32M in Knit Sweaters, becoming the 114th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 239th most imported product in Paraguay. Paraguay imports Knit Sweaters primarily from: Chile ($2.41M), China ($2.38M), Spain ($765k), Bangladesh ($618k), and Brazil ($335k).

The fastest growing import markets in Knit Sweaters for Paraguay between 2021 and 2022 were China ($975k), Spain ($498k), and Chile ($278k).

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 Sweaters. 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)$572k
IMPORTS (2022)$8.32M
NET TRADE (2022)-$7.75M

In 2022, Paraguay exported $572k in Knit Sweaters. The main destinations of Paraguay exports on Knit Sweaters were Brazil ($496k), Spain ($52.6k), South Korea ($6.06k), China ($5.31k), and Uruguay ($3.07k).

In 2022, Paraguay imported $8.32M in Knit Sweaters, mainly from Chile ($2.41M), China ($2.38M), Spain ($765k), Bangladesh ($618k), and Brazil ($335k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Brazil$339k (215%)
Spain$34.9k (197%)
South Korea$5.82k (2.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Paraguay WERE (2021 - 2022):
Uruguay-$6.95k (-69.4%)
China-$5.37k (-50.3%)
Portugal-$5.14k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Knit Sweaters were:
In 2022, Paraguay's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $267k
TOP IMPORT POTENTIALChina+ $1.97M

Knit Sweaters’s highest export potential is Brazil. With an export gap of $267k.   Knit Sweaters’s highest import potential is China with an import gap of $1.97M.

See methodology.

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