1.  Overview the trade of PARAGUAY in goods current year until 202202

According to Dalian Infobank, in 202202, PARAGUAY's exports and imports of goods amounted to 1900.7260 million, and were up 28.42% comparing with the same period of last year. Among these, exports were up 34.67% at 748.7216 million, and imports were up 24.66% at 1152.0044 million. And the corresponding trade deficit was 403.2829 million and up 9.55%.

During the current year until 202202, PARAGUAY's total exports and imports of goods were 3588.4188 million and were up 26.11% comparing to the same period of last year. Among these, exports were 1232.0955 million and up 12.23%; imports were 2356.3234 million and up 34.84%. The total trade deficit was 1124.2279 million and up 73.04%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202202, PARAGUAY's imports and exports to five countries/territories were 987.5267 million, 701.7318 million, 473.1778 million, 364.0160 million, 163.2581 million. These values correspond to 27.52%, 19.56%, 13.19%, 10.14%, 4.55% of PARAGUAY's imports and exports, and, respectively, were up 3.72%, up 74.10%, up 55.79%, up 20.89%, down 22.71% comparing to the same period of last year.

Current year until 202202, 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 202202, PARAGUAY's exports to these five countries/territories were 481.4362 million, 251.5472 million, 114.7192 million, 43.4102 million, 43.1651 million. These values correspond to 39.07%, 20.42%, 9.31%, 3.52%, 3.50% of PARAGUAY's exports and, respectively, were down 11.76%, up 171.00%, down 27.58%, up 8.32%, up 157.39% comparing with the same period of last year.

Current year until 202202, PARAGUAY's exports to top five countries/territories BRAZIL, CHINA, 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 202202, PARAGUAY's imports from these five countries/territories were 506.0905 million, 467.5963 million, 450.1846 million, 331.2984 million, 67.0474 million. These values correspond to 21.48%, 19.84%, 19.11%, 14.06%, 2.85% of PARAGUAY's total imports and, respectively, were up 24.50%, up 55.60%, up 45.11%, up 26.07%, up 69.12% comparing with the same period of last year.

During the current year until 202202, the trade surplus of PARAGUAY was mainly from CHILE, TAIWAN, ISRAEL, RUSSIA, PAKISTAN at 66.1804 million, 31.0754 million, 27.2232 million, 24.8028 million, 14.8229 million, and down 37.31%, up 200.91%, up 15.07%, down 24.05%, down 1753.17%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, INDIA, GERMANY at 462.0147 million, 298.5808 million, 198.6374 million, 40.9569 million, 38.8480 million, and up 55.41%, up 33.03%, down 8.64%, up 132.80%, up 1.21%.

Current year until 202202, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202202,  commodities with hs2 codes, 27, 85, 84, 02, 12, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 525.0987 million, 460.4077 million, 278.7001 million, 257.4720 million, 228.7534 million, which were up 3.45%, up 23.36%, up 13.37%, up 26.56%, up 340.16% comparing with the same period of last year and account for 14.63%, 12.83%, 7.77%, 7.18%, 6.37% of PARAGUAY's total imports and exports.

During the current year until 202202, 02, 12, 27, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 255.4353 million, 225.7488 million, 159.0193 million, 128.9174 million, 81.1862 million. These values correspond to 20.73%, 18.32%, 12.91%, 10.46%, 6.59% of PARAGUAY's total exports and, respectively, were up 25.79%, up 349.86%, down 43.64%, up 43.65%, down 52.88% comparing to the same period of last year.

During the current year until 202202, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 421.4462 million, 366.0794 million, 276.8887 million, 195.9521 million, 102.1295 million. These values correspond to 17.89%, 15.54%, 11.75%, 8.32%, 4.33% of PARAGUAY's total exports and, respectively, were up 26.06%, up 62.38%, up 13.62%, up 28.83%, up 121.21% comparing to the same period of last year.

2. Current year until 202202, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202202, PARAGUAY-China binational exports and imports of goods amounted to 473.1778 million and were up 55.79% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 5.5816 million and up 73.17%, imports from China to PARAGUAY were 467.5963 million and up 55.60%. The total binational trade deficit was 462.0147 million and up 55.41%.

During the urrent year until 202202, commodities with hs2 code, 85, 84, 87, 29, 40, were binational trade's top five traded commodities. They correspond to import and export values of 100.7316 million, 68.2462 million, 45.6031 million, 37.1207 million, 35.8869 million and makes up 21.29%, 14.42%, 9.64%, 7.84%, 7.58% of the total binational imports and exports. These values were also up 22.49%, up 21.56%, up 119.46%, up 243.45%, up 44.59% comparing to the same period last year.

During the current year until 202202, 74, 44, 41, 33, 40 were the top five traded commodities exported to China from PARAGUAY, with export values of 2.4330 million, 1.4763 million, 0.9609 million, 0.4250 million, 0.0780 million. These values account for 43.59%, 26.45%, 17.22%, 7.61%, 1.40% of PARAGUAY's total exports and were 0, up 65.63%, down 13.71%, up 141.69%, down 85.33% comparing to the same period of last year.

During the current year until 202202, 85, 84, 87, 29, 40 were PARAGUAY's top five traded commodities importing from China , with import values of 100.6941 million, 68.2462 million, 45.6031 million, 37.1207 million, 35.8089 million. These values account for 21.53%, 14.60%, 9.75%, 7.94%, 7.66% of PARAGUAY's total imports and were up 22.68%, up 21.56%, up 119.46%, up 243.77%, up 47.44% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank