1.  Overview the trade of PARAGUAY in goods current year until 202203

According to Dalian Infobank, in 202203, PARAGUAY's exports and imports of goods amounted to 2178.9304 million, and were down 2.40% comparing with the same period of last year. Among these, exports were down 23.82% at 907.4629 million, and imports were up 22.11% at 1271.4675 million. And the corresponding trade deficit was 364.0046 million and down 342.67%.

During the current year until 202203, PARAGUAY's total exports and imports of goods were 5767.3492 million and were up 13.58% comparing to the same period of last year. Among these, exports were 2139.5583 million and down 6.53%; imports were 3627.7908 million and up 30.08%. The total trade deficit was 1488.2325 million and up 197.83%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202203, PARAGUAY's imports and exports to five countries/territories were 1595.2666 million, 1143.4299 million, 711.6623 million, 619.0487 million, 276.2377 million. These values correspond to 27.66%, 19.83%, 12.34%, 10.73%, 4.79% of PARAGUAY's imports and exports, and, respectively, were up 7.13%, up 0.91%, up 54.90%, up 35.97%, down 20.35% comparing to the same period of last year.

Current year until 202203, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, URUGUAY, UNITED STATES are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202203, PARAGUAY's exports to these five countries/territories were 789.2892 million, 493.1988 million, 192.1756 million, 87.3552 million, 80.9515 million. These values correspond to 36.89%, 23.05%, 8.98%, 4.08%, 3.78% of PARAGUAY's exports and, respectively, were down 3.96%, down 20.75%, down 25.97%, up 191.69%, up 51.49% comparing with the same period of last year.

Current year until 202203, 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 202203, PARAGUAY's imports from these five countries/territories were 805.9774 million, 703.4731 million, 650.2311 million, 538.0972 million, 100.4836 million. These values correspond to 22.22%, 19.39%, 17.92%, 14.83%, 2.77% of PARAGUAY's total imports and, respectively, were up 20.80%, up 54.53%, up 27.29%, up 33.91%, up 49.22% comparing with the same period of last year.

During the current year until 202203, the trade surplus of PARAGUAY was mainly from CHILE, ISRAEL, TAIWAN, RUSSIA, POLAND at 108.1135 million, 47.2618 million, 47.2462 million, 42.4420 million, 39.9968 million, and down 37.28%, up 29.29%, up 251.80%, down 63.48%, up 172.79%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, INDIA, GERMANY at 695.2839 million, 457.1457 million, 157.0323 million, 59.8739 million, 56.4361 million, and up 54.15%, up 31.21%, down 240.84%, up 65.60%, up 3.33%.

Current year until 202203, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 27, 85, 12, 84, 02, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 777.8315 million, 737.2277 million, 466.0723 million, 438.0094 million, 402.7193 million, which were down 0.32%, up 28.46%, down 27.26%, up 13.83%, up 13.17% comparing with the same period of last year and account for 13.49%, 12.78%, 8.08%, 7.59%, 6.98% of PARAGUAY's total imports and exports.

During the current year until 202203, 12, 02, 27, 23, 15 were PARAGUAY's top five traded commodities, with total import and export values of 455.6078 million, 400.1332 million, 271.9210 million, 197.5458 million, 158.1969 million. These values correspond to 21.29%, 18.70%, 12.71%, 9.23%, 7.39% of PARAGUAY's total exports and, respectively, were down 28.45%, up 12.63%, down 35.06%, up 29.63%, up 78.07% comparing to the same period of last year.

During the current year until 202203, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 670.4642 million, 505.9105 million, 434.0947 million, 306.4938 million, 147.0551 million. These values correspond to 18.48%, 13.95%, 11.97%, 8.45%, 4.05% of PARAGUAY's total exports and, respectively, were up 31.11%, up 39.91%, up 13.82%, up 25.03%, up 17.46% comparing to the same period of last year.

2. Current year until 202203, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202203, PARAGUAY-China binational exports and imports of goods amounted to 711.6623 million and were up 54.90% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 8.1892 million and up 94.93%, imports from China to PARAGUAY were 703.4731 million and up 54.53%. The total binational trade deficit was 695.2839 million and up 54.15%.

During the urrent year until 202203, 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 145.3389 million, 97.1451 million, 65.0923 million, 62.5460 million, 54.5126 million and makes up 20.42%, 13.65%, 9.15%, 8.79%, 7.66% of the total binational imports and exports. These values were also up 23.09%, up 20.12%, up 96.64%, up 49.85%, up 175.64% comparing to the same period last year.

During the current year until 202203, 74, 44, 41, 33, 40 were the top five traded commodities exported to China from PARAGUAY, with export values of 3.8063 million, 2.2803 million, 1.2823 million, 0.4495 million, 0.1266 million. These values account for 46.48%, 27.85%, 15.66%, 5.49%, 1.55% of PARAGUAY's total exports and were up 122053.92%, up 126.36%, down 16.59%, up 148.88%, down 76.18% comparing to the same period of last year.

During the current year until 202203, 85, 84, 87, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 145.3008 million, 97.1451 million, 65.0923 million, 62.4194 million, 54.5126 million. These values account for 20.65%, 13.81%, 9.25%, 8.87%, 7.75% of PARAGUAY's total imports and were up 23.24%, up 20.12%, up 96.64%, up 51.47%, up 175.78% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank