2022
Exports
$60kWorld Rnk 144 / 202
Flag Rnk 410 / 790
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$24.5MWorld Rnk 95 / 225
Flag Rnk 112 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $60k in Sauces and Seasonings, making it the 144th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 410th most exported product in Paraguay. The main destination of Sauces and Seasonings exports from Paraguay are: Argentina ($31.4k), Brazil ($13.6k), United Kingdom ($7.02k), Bolivia ($4.78k), and Canada ($2.15k).

The fastest growing export markets for Sauces and Seasonings of Paraguay between 2021 and 2022 were Argentina ($31.4k), Brazil ($12.9k), and United Kingdom ($7.02k).

Imports In 2022, Paraguay imported $24.5M in Sauces and Seasonings, becoming the 95th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 112th most imported product in Paraguay. Paraguay imports Sauces and Seasonings primarily from: Argentina ($17.1M), Brazil ($3.91M), Austria ($1.23M), Uruguay ($463k), and United States ($408k).

The fastest growing import markets in Sauces and Seasonings for Paraguay between 2021 and 2022 were Argentina ($6.27M), Brazil ($556k), and Chile ($132k).

Latest Trends

Sep 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 Sauces and Seasonings. 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)$60k
IMPORTS (2022)$24.5M
NET TRADE (2022)-$24.5M

In 2022, Paraguay exported $60k in Sauces and Seasonings. The main destinations of Paraguay exports on Sauces and Seasonings were Argentina ($31.4k), Brazil ($13.6k), United Kingdom ($7.02k), Bolivia ($4.78k), and Canada ($2.15k).

In 2022, Paraguay imported $24.5M in Sauces and Seasonings, mainly from Argentina ($17.1M), Brazil ($3.91M), Austria ($1.23M), Uruguay ($463k), and United States ($408k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Argentina$31.4k (1%)
Brazil$12.9k (1.74k%)
United Kingdom$7.02k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Paraguay WERE (2021 - 2022):
Bolivia-$3.96k (-45.3%)
United States-$2.66k (-94.2%)
Spain-$1.13k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Sauces and Seasonings were:
In 2022, Paraguay's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $20.4k
TOP IMPORT POTENTIALUnited States+ $540k

Sauces and Seasonings’s highest export potential is Brazil. With an export gap of $20.4k.   Sauces and Seasonings’s highest import potential is United States with an import gap of $540k.

See methodology.

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