2022
Exports
$275kWorld Rnk 112 / 184
Flag Rnk 285 / 790
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$36.1MWorld Rnk 81 / 219
Flag Rnk 79 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $275k in Lifting Machinery, making it the 112th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 285th most exported product in Paraguay. The main destination of Lifting Machinery exports from Paraguay are: Ecuador ($112k), Brazil ($74.5k), Guyana ($36.6k), Peru ($21.8k), and Chile ($14.4k).

The fastest growing export markets for Lifting Machinery of Paraguay between 2021 and 2022 were Ecuador ($112k), Guyana ($36.6k), and Brazil ($34k).

Imports In 2022, Paraguay imported $36.1M in Lifting Machinery, becoming the 81st largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 79th most imported product in Paraguay. Paraguay imports Lifting Machinery primarily from: Brazil ($18.9M), China ($3.89M), Sweden ($2.61M), Netherlands ($2.49M), and Argentina ($2.34M).

The fastest growing import markets in Lifting Machinery for Paraguay between 2021 and 2022 were Brazil ($4.89M), Sweden ($1.93M), and Argentina ($1.35M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$275k
IMPORTS (2022)$36.1M
NET TRADE (2022)-$35.8M

In 2022, Paraguay exported $275k in Lifting Machinery. The main destinations of Paraguay exports on Lifting Machinery were Ecuador ($112k), Brazil ($74.5k), Guyana ($36.6k), Peru ($21.8k), and Chile ($14.4k).

In 2022, Paraguay imported $36.1M in Lifting Machinery, mainly from Brazil ($18.9M), China ($3.89M), Sweden ($2.61M), Netherlands ($2.49M), and Argentina ($2.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Ecuador$112k (1%)
Guyana$36.6k (1%)
Brazil$34k (84.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Paraguay WERE (2021 - 2022):
Argentina-$23.2k (-100%)
United States-$18.7k (-100%)
Netherlands-$7.45k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Paraguay's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Paraguay's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $109k
TOP IMPORT POTENTIALChina+ $2.49M

Lifting Machinery’s highest export potential is Brazil. With an export gap of $109k.   Lifting Machinery’s highest import potential is China with an import gap of $2.49M.

See methodology.

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