1.  Overview the trade of PARAGUAY in goods current year until 202110

According to Dalian Infobank, in 202110, PARAGUAY's exports and imports of goods amounted to 2234.1369 million, and were up 35.92% comparing with the same period of last year. Among these, exports were up 10.98% at 875.4332 million, and imports were up 58.92% at 1358.7037 million. And the corresponding trade deficit was 483.2705 million and up 630.80%.

During the current year until 202110, PARAGUAY's total exports and imports of goods were 19766.4859 million and were up 28.35% comparing to the same period of last year. Among these, exports were 9013.0241 million and up 26.62%; imports were 10753.4619 million and up 29.84%. The total trade deficit was 1740.4378 million and up 49.57%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202110, PARAGUAY's imports and exports to five countries/territories were 5632.9292 million, 4426.9546 million, 1830.3125 million, 1763.7878 million, 1146.5652 million. These values correspond to 28.50%, 22.40%, 9.26%, 8.92%, 5.80% of PARAGUAY's imports and exports, and, respectively, were up 28.94%, up 27.58%, up 30.39%, up 27.58%, up 29.08% comparing to the same period of last year.

Current year until 202110, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, RUSSIA, URUGUAY are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202110, PARAGUAY's exports to these five countries/territories were 2998.3751 million, 2445.2944 million, 856.7914 million, 608.3140 million, 200.9989 million. These values correspond to 33.27%, 27.13%, 9.51%, 6.75%, 2.23% of PARAGUAY's exports and, respectively, were up 23.75%, up 25.81%, up 39.54%, up 53.28%, up 121.71% comparing with the same period of last year.

Current year until 202110, PARAGUAY's exports to top five countries/territories BRAZIL, ARGENTINA, CHINA, UNITED STATES, URUGUAY are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202110, PARAGUAY's imports from these five countries/territories were 2634.5541 million, 1981.6602 million, 1804.6365 million, 1609.3501 million, 294.1737 million. These values correspond to 24.50%, 18.43%, 16.78%, 14.97%, 2.74% of PARAGUAY's total imports and, respectively, were up 35.41%, up 29.84%, up 29.48%, up 29.09%, up 29.50% comparing with the same period of last year.

During the current year until 202110, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, ARGENTINA, BRAZIL, PERU at 567.0175 million, 557.0539 million, 463.6343 million, 363.8211 million, 134.8496 million, and up 66.89%, up 62.11%, up 11.06%, down 23.78%, up 94.93%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, SOUTH KOREA, URUGUAY at 1778.9605 million, 1454.9125 million, 177.6155 million, 141.6472 million, 93.1748 million, and up 28.57%, up 30.96%, up 26.68%, up 40.18%, down 31.74%.

Current year until 202110, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202110,  commodities with hs2 codes, 12, 27, 85, 02, 84, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 2882.1384 million, 2721.2987 million, 1995.3741 million, 1446.7309 million, 1355.4842 million, which were up 36.82%, up 6.94%, up 23.40%, up 53.49%, up 48.71% comparing with the same period of last year and account for 14.58%, 13.77%, 10.09%, 7.32%, 6.86% of PARAGUAY's total imports and exports.

During the current year until 202110, 12, 02, 27, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 2850.8606 million, 1444.2588 million, 1344.0600 million, 694.0884 million, 652.4568 million. These values correspond to 31.63%, 16.02%, 14.91%, 7.70%, 7.24% of PARAGUAY's total exports and, respectively, were up 36.69%, up 53.76%, down 9.08%, up 14.11%, up 29.32% comparing to the same period of last year.

During the current year until 202110, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 1782.4391 million, 1377.2387 million, 1343.6564 million, 917.9331 million, 456.5127 million. These values correspond to 16.58%, 12.81%, 12.50%, 8.54%, 4.25% of PARAGUAY's total exports and, respectively, were up 21.93%, up 29.14%, up 49.36%, up 34.91%, up 35.02% comparing to the same period of last year.

2. Current year until 202110, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202110, PARAGUAY-China binational exports and imports of goods amounted to 1830.3125 million and were up 30.39% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 25.6760 million and up 156.10%, imports from China to PARAGUAY were 1804.6365 million and up 29.48%. The total binational trade deficit was 1778.9605 million and up 28.57%.

During the urrent year until 202110, commodities with hs2 code, 85, 84, 40, 29, 87, were binational trade's top five traded commodities. They correspond to import and export values of 364.8646 million, 245.1362 million, 190.8355 million, 169.3394 million, 134.4681 million and makes up 19.93%, 13.39%, 10.43%, 9.25%, 7.35% of the total binational imports and exports. These values were also up 8.21%, up 33.33%, up 83.88%, up 56.11%, up 52.03% comparing to the same period last year.

During the current year until 202110, 41, 74, 44, 12, 33 were the top five traded commodities exported to China from PARAGUAY, with export values of 15.5768 million, 3.6671 million, 1.7802 million, 1.7472 million, 0.6336 million. These values account for 60.67%, 14.28%, 6.93%, 6.80%, 2.47% of PARAGUAY's total exports and were up 359.14%, up 1325.69%, down 26.53%, up 63.29%, up 142.86% comparing to the same period of last year.

During the current year until 202110, 85, 84, 40, 29, 87 were PARAGUAY's top five traded commodities importing from China , with import values of 364.4487 million, 245.0084 million, 190.3014 million, 169.3268 million, 134.4681 million. These values account for 20.20%, 13.58%, 10.55%, 9.38%, 7.45% of PARAGUAY's total imports and were up 8.23%, up 33.33%, up 83.36%, up 56.14%, up 52.12% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank