Paraguay Export Data
The Republic of Paraguay is another name for Paraguay. Land encircles Paraguay on all sides. The nations of Brazil, Bolivia, Argentina, and Brazil are all bordering Paraguay. Concerning the total land area, Paraguay ranks eighth among South American countries. The country of Paraguay occupies an area of about 406,796 km^2, placing it in 60th place in the world. Paraguay, a landlocked country in South America, has been making significant strides in its trade sector. With a vibrant economy and favorable export policies, Paraguay has witnessed remarkable growth in its export industry. As we step into the year 2023, it becomes imperative to analyze the Paraguay export data and understand the opportunities it presents for businesses globally.
According to Paraguay’s export data, Paraguay’s exports of goods in 2023 were valued at $11.9 billion. Paraguay's total exports of commodities increased by 19% from the previous year to 2023. According to Paraguay trade data and Trade statistics from Paraguay for 2023, out of 226 countries, Paraguay was the world's 93rd largest exporter of products. Oil seeds and oleaginous fruits are the biggest exports of Paraguay, while Argentina is its biggest export partner. Paraguay’s total GDP is $42.96 billion, while its GDP export share is 35.49%. Paraguay is a part of the Mercosur trading bloc. Let us delve into the details of Paraguay's export data in 2023 highlighting key sectors, emerging trends, and potential areas for growth.