2022
Exports
$6.2kWorld Rnk 165 / 200
Flag Rnk 574 / 790
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$21.5MWorld Rnk 63 / 220
Flag Rnk 128 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $6.2k in Navigation Equipment, making it the 165th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 574th most exported product in Paraguay. The main destination of Navigation Equipment exports from Paraguay are: United States ($3.63k), Brazil ($1.1k), Spain ($830), and China ($647).

The fastest growing export markets for Navigation Equipment of Paraguay between 2021 and 2022 were United States ($2.66k), Spain ($830), and China ($647).

Imports In 2022, Paraguay imported $21.5M in Navigation Equipment, becoming the 63rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 128th most imported product in Paraguay. Paraguay imports Navigation Equipment primarily from: China ($13.9M), United States ($5.25M), Germany ($449k), Brazil ($322k), and Chinese Taipei ($272k).

The fastest growing import markets in Navigation Equipment for Paraguay between 2021 and 2022 were China ($5.02M), United States ($374k), and Germany ($228k).

Latest Trends

Oct 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 Navigation Equipment. 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)$6.2k
IMPORTS (2022)$21.5M
NET TRADE (2022)-$21.5M

In 2022, Paraguay exported $6.2k in Navigation Equipment. The main destinations of Paraguay exports on Navigation Equipment were United States ($3.63k), Brazil ($1.1k), Spain ($830), and China ($647).

In 2022, Paraguay imported $21.5M in Navigation Equipment, mainly from China ($13.9M), United States ($5.25M), Germany ($449k), Brazil ($322k), and Chinese Taipei ($272k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
United States$2.66k (274%)
Spain$830 (1%)
China$647 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Paraguay WERE (2021 - 2022):
Brazil-$7.4k (-87.1%)
Lithuania-$1.45k (-100%)
Chile-$749 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Navigation Equipment were:
In 2022, Paraguay's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.3k
TOP IMPORT POTENTIALUnited States+ $909k

Navigation Equipment’s highest export potential is United States. With an export gap of $11.3k.   Navigation Equipment’s highest import potential is United States with an import gap of $909k.

See methodology.

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