1.  Overview the trade of PARAGUAY in goods current year until 202206

According to Dalian Infobank, in 202206, PARAGUAY's exports and imports of goods amounted to 2353.1533 million, and were up 9.35% comparing with the same period of last year. Among these, exports were down 10.95% at 946.8104 million, and imports were up 29.19% at 1406.3429 million. And the corresponding trade deficit was 459.5325 million and up 1710.62%.

During the current year until 202206, PARAGUAY's total exports and imports of goods were 12427.7830 million and were up 11.59% comparing to the same period of last year. Among these, exports were 4931.7515 million and down 6.76%; imports were 7496.0315 million and up 28.19%. The total trade deficit was 2564.2801 million and up 359.16%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202206, PARAGUAY's imports and exports to five countries/territories were 3463.1097 million, 2654.7888 million, 1293.9595 million, 1260.3484 million, 630.4525 million. These values correspond to 27.87%, 21.36%, 10.41%, 10.14%, 5.07% of PARAGUAY's imports and exports, and, respectively, were up 8.26%, up 5.70%, up 44.17%, up 28.27%, down 9.21% comparing to the same period of last year.

Current year until 202206, 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 202206, PARAGUAY's exports to these five countries/territories were 1769.1154 million, 1223.8971 million, 453.3885 million, 154.5664 million, 133.8466 million. These values correspond to 35.87%, 24.82%, 9.19%, 3.13%, 2.71% of PARAGUAY's exports and, respectively, were up 1.05%, down 15.32%, down 14.06%, down 59.25%, up 107.85% comparing with the same period of last year.

Current year until 202206, 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 202206, PARAGUAY's imports from these five countries/territories were 1693.9942 million, 1430.8917 million, 1279.9261 million, 1127.4784 million, 220.5848 million. These values correspond to 22.60%, 19.09%, 17.07%, 15.04%, 2.94% of PARAGUAY's total imports and, respectively, were up 16.99%, up 34.18%, up 44.75%, up 27.59%, up 36.50% comparing with the same period of last year.

During the current year until 202206, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, TAIWAN, POLAND, BRAZIL at 276.3245 million, 102.6802 million, 100.5875 million, 90.2787 million, 75.1212 million, and down 23.40%, down 70.70%, up 64.90%, up 91.57%, down 75.18%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, SOUTH KOREA, GERMANY at 1265.8927 million, 994.6084 million, 206.9946 million, 116.2493 million, 111.4225 million, and up 45.35%, up 26.74%, down 154.64%, up 68.56%, up 4.51%.

Current year until 202206, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 1858.4621 million, 1447.7355 million, 1044.4762 million, 956.5355 million, 899.7758 million, which were up 17.31%, up 24.82%, down 39.36%, up 15.27%, up 16.63% comparing with the same period of last year and account for 14.95%, 11.65%, 8.40%, 7.70%, 7.24% of PARAGUAY's total imports and exports.

During the current year until 202206, 12, 02, 27, 23, 15 were PARAGUAY's top five traded commodities, with total import and export values of 1019.6394 million, 947.1852 million, 717.8449 million, 436.6465 million, 396.0225 million. These values correspond to 20.67%, 19.21%, 14.56%, 8.85%, 8.03% of PARAGUAY's total exports and, respectively, were down 40.54%, up 14.32%, down 13.00%, up 6.70%, up 49.17% comparing to the same period of last year.

During the current year until 202206, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 1304.8251 million, 1140.6172 million, 891.0666 million, 627.1370 million, 309.9652 million. These values correspond to 17.41%, 15.22%, 11.89%, 8.37%, 4.14% of PARAGUAY's total exports and, respectively, were up 26.31%, up 50.27%, up 16.51%, up 25.07%, up 45.21% comparing to the same period of last year.

2. Current year until 202206, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202206, PARAGUAY-China binational exports and imports of goods amounted to 1293.9595 million and were up 44.17% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 14.0334 million and up 5.41%, imports from China to PARAGUAY were 1279.9261 million and up 44.75%. The total binational trade deficit was 1265.8927 million and up 45.35%.

During the urrent year until 202206, 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 271.7600 million, 187.6606 million, 111.7402 million, 110.5334 million, 106.2311 million and makes up 21.00%, 14.50%, 8.64%, 8.54%, 8.21% of the total binational imports and exports. These values were also up 30.98%, up 37.86%, up 77.98%, up 33.68%, up 60.12% comparing to the same period last year.

During the current year until 202206, 74, 41, 44, 33, 85 were the top five traded commodities exported to China from PARAGUAY, with export values of 6.0340 million, 3.6849 million, 3.0931 million, 0.6505 million, 0.1398 million. These values account for 43.00%, 26.26%, 22.04%, 4.64%, 1.00% of PARAGUAY's total exports and were up 101.77%, down 36.93%, up 120.90%, up 28.41%, down 41.65% comparing to the same period of last year.

During the current year until 202206, 85, 84, 87, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 271.6202 million, 187.6606 million, 111.7402 million, 110.4068 million, 106.2311 million. These values account for 21.22%, 14.66%, 8.73%, 8.63%, 8.30% of PARAGUAY's total imports and were up 31.07%, up 37.86%, up 77.98%, up 34.39%, up 60.14% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank