1.  Overview the trade of PARAGUAY in goods current year until 202201

According to Dalian Infobank, in 202201, PARAGUAY's exports and imports of goods amounted to 1714.6888 million, and were up 25.59% comparing with the same period of last year. Among these, exports were down 5.82% at 510.3699 million, and imports were up 46.25% at 1204.3190 million. And the corresponding trade deficit was 693.9491 million and up 146.47%.

During the current year until 202201, PARAGUAY's total exports and imports of goods were 1714.6888 million and were up 25.59% comparing to the same period of last year. Among these, exports were 510.3699 million and down 5.82%; imports were 1204.3190 million and up 46.25%. The total trade deficit was 693.9491 million and up 146.47%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202201, PARAGUAY's imports and exports to five countries/territories were 493.3578 million, 259.0943 million, 256.6191 million, 204.6837 million, 71.8965 million. These values correspond to 28.77%, 15.11%, 14.97%, 11.94%, 4.19% of PARAGUAY's imports and exports, and, respectively, were up 8.93%, up 47.94%, up 65.95%, up 46.21%, down 31.95% comparing to the same period of last year.

Current year until 202201, PARAGUAY and the top five trade partners BRAZIL, CHILE, ARGENTINA, RUSSIA, TAIWAN are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202201, PARAGUAY's exports to these five countries/territories were 258.2489 million, 51.2704 million, 44.3892 million, 21.8479 million, 16.2601 million. These values correspond to 50.60%, 10.05%, 8.70%, 4.28%, 3.19% of PARAGUAY's exports and, respectively, were down 1.99%, down 40.02%, up 20.86%, up 20.78%, up 154.34% comparing with the same period of last year.

Current year until 202201, PARAGUAY's exports to top five countries/territories CHINA, BRAZIL, ARGENTINA, 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 202201, PARAGUAY's imports from these five countries/territories were 255.2414 million, 235.1089 million, 214.7051 million, 191.4506 million, 32.0402 million. These values correspond to 21.19%, 19.52%, 17.83%, 15.90%, 2.66% of PARAGUAY's total imports and, respectively, were up 67.15%, up 24.12%, up 55.13%, up 49.83%, up 79.07% comparing with the same period of last year.

During the current year until 202201, the trade surplus of PARAGUAY was mainly from CHILE, BRAZIL, TAIWAN, RUSSIA, INDONESIA at 30.6443 million, 23.1400 million, 12.9283 million, 12.2382 million, 9.8559 million, and down 53.06%, down 68.76%, up 199.26%, down 23.65%, down 2255.24%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, INDIA, GERMANY at 253.8637 million, 178.2175 million, 170.3158 million, 22.5203 million, 21.3353 million, and up 68.39%, up 54.21%, up 67.50%, up 146.35%, down 3.00%.

Current year until 202201, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 27, 85, 84, 02, 87, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 274.9674 million, 254.9636 million, 143.1715 million, 112.6023 million, 94.6483 million, which were up 24.75%, up 34.18%, up 20.17%, up 25.08%, up 37.05% comparing with the same period of last year and account for 16.04%, 14.87%, 8.35%, 6.57%, 5.52% of PARAGUAY's total imports and exports.

During the current year until 202201, 02, 27, 12, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 111.4815 million, 99.0183 million, 42.6904 million, 41.7932 million, 40.4399 million. These values correspond to 21.84%, 19.40%, 8.36%, 8.19%, 7.92% of PARAGUAY's total exports and, respectively, were up 24.20%, down 24.54%, up 90.95%, down 57.41%, down 33.70% comparing to the same period of last year.

During the current year until 202201, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 237.6783 million, 175.9491 million, 142.7352 million, 94.2928 million, 58.0995 million. These values correspond to 19.74%, 14.61%, 11.85%, 7.83%, 4.82% of PARAGUAY's total exports and, respectively, were up 39.46%, up 97.27%, up 20.58%, up 36.95%, up 143.87% comparing to the same period of last year.

2. Current year until 202201, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202201, PARAGUAY-China binational exports and imports of goods amounted to 256.6191 million and were up 65.95% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 1.3777 million and down 28.97%, imports from China to PARAGUAY were 255.2414 million and up 67.15%. The total binational trade deficit was 253.8637 million and up 68.39%.

During the urrent year until 202201, commodities with hs2 code, 85, 84, 87, 40, 29, were binational trade's top five traded commodities. They correspond to import and export values of 56.4068 million, 35.7282 million, 23.1920 million, 20.1288 million, 18.8260 million and makes up 21.98%, 13.92%, 9.04%, 7.84%, 7.34% of the total binational imports and exports. These values were also up 32.17%, up 5.90%, up 166.40%, up 100.09%, up 296.62% comparing to the same period last year.

During the current year until 202201, 44, 41, 74, 12, 85 were the top five traded commodities exported to China from PARAGUAY, with export values of 0.5516 million, 0.5351 million, 0.2042 million, 0.0540 million, 0.0302 million. These values account for 40.04%, 38.84%, 14.82%, 3.92%, 2.19% of PARAGUAY's total exports and were up 64.53%, down 24.72%, 0, 0, down 80.84% comparing to the same period of last year.

During the current year until 202201, 85, 84, 87, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 56.3766 million, 35.7282 million, 23.1920 million, 20.1288 million, 18.8260 million. These values account for 22.09%, 14.00%, 9.09%, 7.89%, 7.38% of PARAGUAY's total imports and were up 32.59%, up 5.90%, up 166.40%, up 111.25%, up 297.47% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank