Trade Data
09-10-2024
In 2023, Paraguay's total imports amounted to $16.1 billion. In comparison, the country's imports in 2022 were valued at $15.8 billion. Paraguay's imports have seen a 1.41% increase compared to 2022.
According to the latest Tendata iTrader report, based on the 4-digit HS code, the Top 10 imported products in Paraguay for 2023 were:
· HS Code 8517 (12.9%, $2.07 billion): Electrical apparatus for line telephony or telegraphy, including cordless telephone sets and telecommunications equipment for carrier-current or digital line systems; videophones.
· HS Code 2710 (12.3%, $1.98 billion): Petroleum oils and oils derived from bituminous minerals (non-crude); other preparations with over 70% petroleum oils; waste oils.
· HS Code 8703 (3.42%, $551 million): Motor cars and other vehicles designed for transporting persons, including station wagons and racing cars.
· HS Code 3808 (2.63%, $425 million): Insecticides, rodenticides, fungicides, herbicides, plant-growth regulators, disinfectants, and similar products.
· HS Code 8471 (2.57%, $414 million): Automatic data processing machines, magnetic/optical readers, and data processing units.
· HS Code 3105 (2.18%, $351 million): Mineral or chemical fertilizers containing nitrogen, phosphorus, and potassium; other fertilizers in smaller packaging.
· HS Code 4011 (2.12%, $342 million): New pneumatic rubber tires.
· HS Code 8704 (1.64%, $264 million): Motor vehicles for transporting goods.
· HS Code 3002 (1.49%, $240 million): Human and animal blood for therapeutic use, antisera, vaccines, and other immunological products.
· HS Code 3004 (1.38%, $223 million): Medicaments for therapeutic or prophylactic uses, in measured doses or retail packaging.
When exploring the Paraguayan market, you can utilize Tendata's Paraguay Import Data to search by product name or HS code, offering you a comprehensive view of market trends. In addition to these methods, Tendata also supports searches by importer name, address, port of origin, destination, bill of lading number, weight, quantity, and container dimensions. With this data, you can conduct swift market analysis.
According to Tendata’s iTrader report, Paraguay’s key import partners are:
· China (33%, $5.41 billion)
· Brazil (24%, $3.93 billion)
· USA (7.91%, $1.27 billion)
· Argentina (7.21%, $1.16 billion)
· Germany (2.12%, $342 million)
· India (1.85%, $299 million)
· Japan (1.66%, $268 million)
· Singapore (1.34%, $217 million)
· United Arab Emirates (1.16%, $187 million)
· Switzerland (1.15%, $186 million)
If you’re looking to discover whether Paraguayan importers tend to collaborate with exporters from your country, you can search in Tendata’s Paraguay Import Data by country name. Be sure to select the appropriate time range to obtain the latest import-export data.
Expand your import business in Paraguay using customs data and market intelligence. Our Paraguay trade data covers company details, products, and other essential customs information. Every shipment imported into Paraguay holds valuable insights for the entire industry, benefiting everyone from importers and logistics companies to other stakeholders. Paraguay Import Data adds value to every enterprise.
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Why Use Paraguay Import Data?
With Paraguay Import Data, importers can:
1.Quickly locate suppliers in the Paraguayan market.
2.Understand market conditions and trade dynamics in Paraguay.
3.Stay ahead of competitors by tracking their movements.
4.Utilize real-time data to optimize marketing strategies.
5.Set long-term business goals and boost revenue.
Why Choose Tendata's Paraguay Import Data?
Tendata provides access to trade data from 218 countries and regions, business data from 198 countries, and internet data from 172 countries. A single search can instantly deliver information on approximately 130 million active global buyers and suppliers with verifiable purchase records, allowing you to reach your target clients in just 0.01 seconds, saving you significant time.
If you are a marketer or trader eager to import more cost-effective products, contact us now to access Paraguay’s customs data from 218 countries/regions. Please visit our website at tendata.com or email us at emarketing@tendata.cn for more information.
I. Establish Customer Resource Database by Country
The establishment of a customer resource database is akin to a personalized work record. Start by using trade tracking functionality to compile a list of all customers in a country. Then, analyze each buyer's purchase volume, procurement cycle, product specifications, and supplier system. Pay special attention to the diversification or singularity of a buyer's supply channels, as buyers with diverse supply sources are preferable. Finally, filter out 30% of the potentially high-quality customers from that country and record them in your customer resource database. The database can be flexibly organized by country, time, customer name, follow-up steps, contact phone, email, contact person, etc. (>>>Click to Develop New Customers)
II. Establish Customer Resource Database by Peer Companies
Have a good understanding of the English names (including full names, abbreviations, etc.) of peer companies. Utilize the global supplier networking feature to compile a list of all customers associated with these peer companies. The critical step is to analyze customers from these peer companies based on purchase volume, procurement cycle, product models, etc. Finally, filter out key customers from your identified peers and record them in your customer resource database. (>>>Click to Apply for Free Trial)
III. Identify Newly Appeared Customers in Each Country
Use the trade search function to identify customers newly appeared in a country. Choose the country, set the date range, limit the product name or HS code, and check the "Newest" option. The search results will display high-quality customers that have newly emerged in that country within the specified time frame. Since these customers are new, they may have just started transactions, and the stability of their suppliers may be uncertain. It's essential to focus on following up with these new potential buyers and record them in your customer resource database. (>>>Click to Apply for Free Trial)
These three approaches for developing customers using customs data can be implemented based on the actual needs of the company and oneself. Consider the market environment, industry characteristics, strategic requirements, etc., to find a suitable method. The ultimate goal is to establish and organize a categorized archive of high-quality customers. Once you identify suitable customers, the next step is to precisely contact them through various channels, such as phone calls, emails, and SNS information.
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