Key Market Indicators
Paraguayan truck exports have seen a significant decline in 2023, falling to roughly $20,000 from around $33,000 in 2022. This marks a 39% decrease compared to the previous year. The country's supply of trucks has been decreasing annually by 13% since 1995. In 2023, Paraguay was ranked 96th in the world for truck exports, with Samoa surpassing it with the same export value of $20,000. The leading countries in this ranking were the United States, Germany, and France, occupying the second, third, and fourth positions respectively. On the import front, Paraguayan truck imports are projected to reach approximately $368 million by 2028, up from about $322 million in 2023. This represents an annual growth rate of 2.2%. Since 1994, Paraguay's demand for trucks has consistently grown at the same annual rate of 2.2%.