2022
Exports
$4.57MWorld Rnk 65 / 167
Flag Rnk 99 / 790
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$150MWorld Rnk 59 / 215
Flag Rnk 14 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

Exports In 2022, Paraguay exported $4.57M in Tractors, making it the 65th largest exporter of Tractors in the world. At the same year, Tractors was the 99th most exported product in Paraguay. The main destination of Tractors exports from Paraguay are: Bolivia ($4.02M), Guyana ($326k), Venezuela ($160k), and Uruguay ($65.3k).

The fastest growing export markets for Tractors of Paraguay between 2021 and 2022 were Bolivia ($4.02M), Guyana ($326k), and Venezuela ($160k).

Imports In 2022, Paraguay imported $150M in Tractors, becoming the 59th largest importer of Tractors in the world. At the same year, Tractors was the 14th most imported product in Paraguay. Paraguay imports Tractors primarily from: Brazil ($102M), China ($9.01M), Sweden ($8.1M), Mexico ($6.66M), and Netherlands ($5.46M).

The fastest growing import markets in Tractors for Paraguay between 2021 and 2022 were Brazil ($30.7M), China ($5.11M), and France ($2.03M).

Latest Trends

Aug 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 Tractors. 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)$4.57M
IMPORTS (2022)$150M
NET TRADE (2022)-$145M

In 2022, Paraguay exported $4.57M in Tractors. The main destinations of Paraguay exports on Tractors were Bolivia ($4.02M), Guyana ($326k), Venezuela ($160k), and Uruguay ($65.3k).

In 2022, Paraguay imported $150M in Tractors, mainly from Brazil ($102M), China ($9.01M), Sweden ($8.1M), Mexico ($6.66M), and Netherlands ($5.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Bolivia$4.02M (1%)
Guyana$326k (1%)
Venezuela$160k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Paraguay WERE (2021 - 2022):
Uruguay-$114k (-63.5%)
Brazil-$8.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUruguay+ $80.7k
TOP IMPORT POTENTIALGermany+ $4.72M

Tractors’s highest export potential is Uruguay. With an export gap of $80.7k.   Tractors’s highest import potential is Germany with an import gap of $4.72M.

See methodology.

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