Paraguay Iron Ore Industry Outlook 2021

See how Paraguay Iron Ore performed compared to key markets such as China, Japan and South Korea.

Key Market Indicators

Paraguay's iron ore imports decreased by 1% in 2021, to $1.2 million, compared to the previous year. This marks the lowest level since 1994, when the demand was 28.1% lower than it is now. Paraguay ranked 52nd, and Jordan came ahead with $1.2 million. Japan, South Korea and Germany were the top three importers respectively. Paraguay's iron ore exports dropped significantly in 2018, to $9 million - a decrease of 55.3% compared to 2017. The country was 66th in the global ranking, with Estonia coming in just ahead at $9 million. Brazil, Canada and South Africa were the top three exporters respectively.

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