1.  Overview the trade of PARAGUAY in goods current year until 202205

According to Dalian Infobank, in 202205, PARAGUAY's exports and imports of goods amounted to 2228.8503 million, and were up 11.97% comparing with the same period of last year. Among these, exports were down 6.71% at 933.8670 million, and imports were up 30.86% at 1294.9833 million. And the corresponding trade deficit was 361.1163 million and down 3268.80%.

During the current year until 202205, PARAGUAY's total exports and imports of goods were 10074.6297 million and were up 12.13% comparing to the same period of last year. Among these, exports were 3984.9411 million and down 5.70%; imports were 6089.6886 million and up 27.96%. The total trade deficit was 2104.7476 million and up 294.82%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202205, PARAGUAY's imports and exports to five countries/territories were 2842.0334 million, 2085.7995 million, 1061.9006 million, 1054.7865 million, 524.0134 million. These values correspond to 28.21%, 20.70%, 10.54%, 10.47%, 5.20% of PARAGUAY's imports and exports, and, respectively, were up 9.11%, up 1.98%, up 45.05%, up 35.23%, down 8.82% comparing to the same period of last year.

Current year until 202205, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, RUSSIA, UNITED STATES are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202205, PARAGUAY's exports to these five countries/territories were 1430.4821 million, 990.7185 million, 377.6571 million, 115.5179 million, 113.3011 million. These values correspond to 35.90%, 24.86%, 9.48%, 2.90%, 2.84% of PARAGUAY's exports and, respectively, were down 0.21%, down 14.76%, down 13.02%, down 61.69%, up 35.56% comparing with the same period of last year.

Current year until 202205, 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 202205, PARAGUAY's imports from these five countries/territories were 1411.5513 million, 1095.0810 million, 1049.1121 million, 941.4854 million, 179.1339 million. These values correspond to 23.18%, 17.98%, 17.23%, 15.46%, 2.94% of PARAGUAY's total imports and, respectively, were up 20.52%, up 24.02%, up 45.32%, up 35.19%, up 40.07% comparing with the same period of last year.

During the current year until 202205, the trade surplus of PARAGUAY was mainly from CHILE, TAIWAN, RUSSIA, POLAND, ISRAEL at 231.3008 million, 79.3159 million, 74.8518 million, 69.3996 million, 68.9090 million, and down 21.24%, up 78.79%, down 73.61%, up 82.34%, up 22.83%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, INDIA, SOUTH KOREA at 1036.3236 million, 828.1844 million, 104.3625 million, 95.7806 million, 93.9837 million, and up 45.60%, up 35.14%, down 137.37%, up 120.61%, up 68.96%.

Current year until 202205, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202205,  commodities with hs2 codes, 27, 85, 12, 02, 84, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 1425.0340 million, 1218.1413 million, 875.1929 million, 754.4594 million, 743.0680 million, which were up 7.28%, up 26.63%, down 34.66%, up 15.40%, up 17.15% comparing with the same period of last year and account for 14.14%, 12.09%, 8.69%, 7.49%, 7.38% of PARAGUAY's total imports and exports.

During the current year until 202205, 12, 02, 27, 23, 15 were PARAGUAY's top five traded commodities, with total import and export values of 855.5537 million, 746.6609 million, 573.2907 million, 358.4936 million, 323.4480 million. These values correspond to 21.47%, 18.74%, 14.39%, 9.00%, 8.12% of PARAGUAY's total exports and, respectively, were down 35.82%, up 14.40%, down 17.14%, up 17.29%, up 69.33% comparing to the same period of last year.

During the current year until 202205, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 1101.9196 million, 851.7432 million, 736.4450 million, 515.0154 million, 249.5450 million. These values correspond to 18.09%, 13.99%, 12.09%, 8.46%, 4.10% of PARAGUAY's total exports and, respectively, were up 28.59%, up 33.83%, up 17.05%, up 23.45%, up 15.42% comparing to the same period of last year.

2. Current year until 202205, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202205, PARAGUAY-China binational exports and imports of goods amounted to 1061.9006 million and were up 45.05% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 12.7885 million and up 25.89%, imports from China to PARAGUAY were 1049.1121 million and up 45.32%. The total binational trade deficit was 1036.3236 million and up 45.60%.

During the urrent year until 202205, 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 218.7561 million, 155.9853 million, 98.0741 million, 91.6075 million, 84.1039 million and makes up 20.60%, 14.69%, 9.24%, 8.63%, 7.92% of the total binational imports and exports. These values were also up 22.63%, up 30.36%, up 85.87%, up 28.88%, up 93.55% comparing to the same period last year.

During the current year until 202205, 74, 41, 44, 33, 40 were the top five traded commodities exported to China from PARAGUAY, with export values of 5.5043 million, 3.2016 million, 2.9243 million, 0.6351 million, 0.1266 million. These values account for 43.04%, 25.04%, 22.87%, 4.97%, 0.99% of PARAGUAY's total exports and were up 176.65%, down 20.25%, up 122.89%, up 25.37%, down 76.24% comparing to the same period of last year.

During the current year until 202205, 85, 84, 87, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 218.6336 million, 155.9853 million, 98.0741 million, 91.4808 million, 84.1039 million. These values account for 20.84%, 14.87%, 9.35%, 8.72%, 8.02% of PARAGUAY's total imports and were up 22.73%, up 30.36%, up 85.87%, up 29.68%, up 93.59% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank