1.  Overview the trade of PARAGUAY in goods current year until 202204

According to Dalian Infobank, in 202204, PARAGUAY's exports and imports of goods amounted to 2065.5456 million, and were up 7.79% comparing with the same period of last year. Among these, exports were down 3.97% at 898.6311 million, and imports were up 19.01% at 1166.9145 million. And the corresponding trade deficit was 268.2835 million and up 498.92%.

During the current year until 202204, PARAGUAY's total exports and imports of goods were 7832.8948 million and were up 11.99% comparing to the same period of last year. Among these, exports were 3038.1894 million and down 5.79%; imports were 4794.7054 million and up 27.20%. The total trade deficit was 1756.5160 million and up 222.60%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202204, PARAGUAY's imports and exports to five countries/territories were 2192.0811 million, 1566.8638 million, 885.8475 million, 839.6767 million, 394.2966 million. These values correspond to 27.99%, 20.00%, 11.31%, 10.72%, 5.03% of PARAGUAY's imports and exports, and, respectively, were up 8.48%, down 1.30%, up 47.62%, up 38.22%, down 14.08% comparing to the same period of last year.

Current year until 202204, 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 202204, PARAGUAY's exports to these five countries/territories were 1113.4318 million, 739.9836 million, 280.7440 million, 112.8137 million, 95.3965 million. These values correspond to 36.65%, 24.36%, 9.24%, 3.71%, 3.14% of PARAGUAY's exports and, respectively, were up 0.92%, down 17.14%, down 19.06%, up 190.73%, up 38.74% comparing with the same period of last year.

Current year until 202204, 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 202204, PARAGUAY's imports from these five countries/territories were 1078.6492 million, 874.6584 million, 826.8801 million, 744.2801 million, 131.1350 million. These values correspond to 22.50%, 18.24%, 17.25%, 15.52%, 2.73% of PARAGUAY's total imports and, respectively, were up 17.58%, up 47.34%, up 19.07%, up 38.15%, up 39.08% comparing with the same period of last year.

During the current year until 202204, the trade surplus of PARAGUAY was mainly from CHILE, ISRAEL, TAIWAN, POLAND, RUSSIA at 167.1914 million, 68.2539 million, 55.5004 million, 48.5044 million, 45.4120 million, and down 28.78%, up 75.30%, up 117.00%, up 80.94%, down 77.49%. And the trade deficits were mainly from CHINA, UNITED STATES, INDIA, ARGENTINA, SOUTH KOREA at 863.4694 million, 648.8836 million, 87.1530 million, 86.8965 million, 75.5168 million, and up 47.06%, up 38.06%, up 53.16%, down 143.75%, up 81.93%.

Current year until 202204, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202204,  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 1054.6895 million, 992.9299 million, 695.8436 million, 574.3136 million, 556.6098 million, which were up 0.45%, up 29.90%, down 29.33%, up 11.66%, up 10.91% comparing with the same period of last year and account for 13.46%, 12.68%, 8.88%, 7.33%, 7.11% of PARAGUAY's total imports and exports.

During the current year until 202204, 12, 02, 27, 23, 15 were PARAGUAY's top five traded commodities, with total import and export values of 681.4102 million, 550.8215 million, 413.2610 million, 269.0112 million, 232.7173 million. These values correspond to 22.43%, 18.13%, 13.60%, 8.85%, 7.66% of PARAGUAY's total exports and, respectively, were down 30.43%, up 9.94%, down 24.75%, up 21.28%, up 75.77% comparing to the same period of last year.

During the current year until 202204, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 900.8131 million, 641.4284 million, 569.6503 million, 417.2090 million, 196.7425 million. These values correspond to 18.79%, 13.38%, 11.88%, 8.70%, 4.10% of PARAGUAY's total exports and, respectively, were up 32.22%, up 28.09%, up 11.75%, up 24.78%, up 14.12% comparing to the same period of last year.

2. Current year until 202204, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202204, PARAGUAY-China binational exports and imports of goods amounted to 885.8475 million and were up 47.62% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 11.1890 million and up 73.01%, imports from China to PARAGUAY were 874.6584 million and up 47.34%. The total binational trade deficit was 863.4694 million and up 47.06%.

During the urrent year until 202204, 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 185.9726 million, 122.6797 million, 86.7905 million, 77.2904 million, 63.0441 million and makes up 20.99%, 13.85%, 9.80%, 8.73%, 7.12% of the total binational imports and exports. These values were also up 26.53%, up 19.76%, up 93.27%, up 36.67%, up 105.76% comparing to the same period last year.

During the current year until 202204, 74, 44, 41, 33, 40 were the top five traded commodities exported to China from PARAGUAY, with export values of 5.1359 million, 2.8110 million, 2.2751 million, 0.4579 million, 0.1266 million. These values account for 45.90%, 25.12%, 20.33%, 4.09%, 1.13% of PARAGUAY's total exports and were up 394.94%, up 143.56%, up 13.50%, up 44.48%, down 76.18% comparing to the same period of last year.

During the current year until 202204, 85, 84, 87, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 185.8641 million, 122.6797 million, 86.7905 million, 77.1638 million, 63.0441 million. These values account for 21.25%, 14.03%, 9.92%, 8.82%, 7.21% of PARAGUAY's total imports and were up 26.65%, up 19.76%, up 93.27%, up 37.74%, up 105.83% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank