Paraguay’s Medical Goods Exports: the Upward Trajectory of the Nation's Global Market
The all-over medical goods exports account for more than 35% of the total globally served products from the nation. From 2019 onwards with an import value of 414 million US dollars, the country has started exporting mode of medical goods with the global awareness for health care essentials to maintain stability in the medical industries. The strategic geographic location and the competitive labor costs have been supporting the favorable business environment.
The growing demand for medical goods from different central areas across the globe from the trade management authorities of Paraguay has recorded an export trade value of 1.8 billion US dollars. The government investment in healthcare essentials has created a favorable environment for foreign investors looking to export its produced goods supporting the pivotal growth of the emerging economy.
Leading Medical Goods Exports of Paraguay in 2023
Paraguay has recorded tremendous growth in the industrial sectors producing medical essentials for featuring the name of the nation among the globally leading trade estates. According to the Paraguay Export Data, the top 10 leading medical goods exports of Paraguay in 2023 are,
1. Pharmaceuticals - Export trade value from Paraguay in 2023 - 987 million US dollars.
2. Medical Instruments and Devices - Export trade value from Paraguay in 2023 - 765 million US dollars.
3. Medical Disposables - Export trade value of from Paraguay in 2023 - 642 million US dollars.
4. Vaccines - Export trade value from Paraguay in 2023 - 527 million US dollars.
5. Herbal Medicines - Export trade value from Paraguay in 2023 - 483 million US dollars.
6. Diagnostic Reagents - Export trade value from Paraguay in 2023 - 387 million US dollars.
7. Diagnostic Imaging Equipment - Export trade value from Paraguay in 2023 - 298 million US dollars.
8. Medical Furniture - Export trade value from Paraguay in 2023 - 243 million US dollars.
9. Orthopedic Equipment - Export trade value from Paraguay in 2023 - 178 million US dollars.
10. Dental Supplies - Export trade value from Paraguay in 2023 - 128 million US dollars.
Leading Export Trade Partners of Paraguay for Medical Goods Exports in 2023
According to the Paraguay Trade Data, the top 10 medical goods export trade partners of Paraguay in 2023 are,
1. Brazil - According to the Brazil Import Data, the valuation of medical goods exported in 2023 - 937 million US dollars.
10. Spain - According to the Spain Import Data, the valuation of medical goods exported in 2023 - 287 million US dollars.
Top 5 medical goods exports
1. HIV test kits 2. Malaria test kits 3. Antibiotic 4. Antivirals 5. Insulin pens
FAQ'S
Que. What are the top leading medical goods exports of Paraguay in 2023? Ans. Pharmaceuticals are the leading medical goods exports of Paraguay in 2023.
Que. Name the top medical goods export trade partners of Paraguay in 2023. Ans. Brazil leads the top medical goods export trade partners of Paraguay in 2023.
Que. Where can you get a detailed trade analysis of medical goods exports in Paraguay in 2023? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of medical goods exports of Paraguay in 2023.