Key Market Indicators
Paraguay's zinc exports declined 17% in 2021, to around $8.5 million, compared to $10.3 million in 2020. This marks a decrease of almost 23% since 1998. Paraguay was ranked 107th in the world for zinc exports in 2021, with Mozambique overtaking it with exports of $8.5 million. Belgium, Canada, and Australia followed in second, third, and fourth place respectively. Paraguay's zinc imports are expected to reach $1.19 million by 2026, up from $1.05 million in 2021, at an average annual growth rate of 2.1%. This marks an increase of almost 6% since 1994. In 2021, Paraguay ranked 97th in the world for zinc imports, with Lebanon surpassing it with imports of $1.05 million. The United States, Germany, and Belgium followed in second, third, and fourth place respectively.
