1.  Overview the trade of PARAGUAY in goods current year until 202210

According to Dalian Infobank, in 202210, PARAGUAY's exports and imports of goods amounted to 1952.4541 million, and were down 13.01% comparing with the same period of last year. Among these, exports were down 20.04% at 708.2813 million, and imports were down 8.43% at 1244.1729 million. And the corresponding trade deficit was 535.8916 million and up 13.31%.

During the current year until 202210, PARAGUAY's total exports and imports of goods were 21529.1978 million and were up 8.85% comparing to the same period of last year. Among these, exports were 8437.7966 million and down 6.52%; imports were 13091.4012 million and up 21.74%. The total trade deficit was 4653.6046 million and up 169.41%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202210, PARAGUAY's imports and exports to five countries/territories were 6155.6670 million, 4470.3869 million, 2291.6775 million, 2031.2052 million, 1129.6361 million. These values correspond to 28.59%, 20.76%, 10.64%, 9.43%, 5.25% of PARAGUAY's imports and exports, and, respectively, were up 9.15%, up 3.11%, up 25.21%, up 15.16%, down 1.48% comparing to the same period of last year.

Current year until 202210, 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 202210, PARAGUAY's exports to these five countries/territories were 3081.8469 million, 1871.9469 million, 829.8413 million, 337.3443 million, 217.5053 million. These values correspond to 36.52%, 22.19%, 9.83%, 4.00%, 2.58% of PARAGUAY's exports and, respectively, were up 2.55%, down 20.48%, down 3.15%, down 48.67%, up 40.84% comparing with the same period of last year.

Current year until 202210, 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 202210, PARAGUAY's imports from these five countries/territories were 3073.8201 million, 2598.4400 million, 2271.4895 million, 1813.6999 million, 421.0314 million. These values correspond to 23.48%, 19.85%, 17.35%, 13.85%, 3.22% of PARAGUAY's total imports and, respectively, were up 16.67%, up 31.12%, up 25.87%, up 12.70%, up 43.12% comparing with the same period of last year.

During the current year until 202210, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, TAIWAN, ISRAEL, POLAND at 530.0465 million, 264.2651 million, 155.0725 million, 128.4129 million, 113.7681 million, and down 6.52%, down 56.39%, up 46.56%, down 3.94%, up 5.65%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, URUGUAY, GERMANY at 2251.3014 million, 1596.1946 million, 726.4930 million, 243.7226 million, 184.4771 million, and up 26.55%, up 9.71%, down 295.14%, up 62.33%, up 3.86%.

Current year until 202210, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202210,  commodities with hs2 codes, 27, 85, 02, 84, 12, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 3450.6722 million, 2272.5169 million, 1617.9933 million, 1532.3523 million, 1343.4011 million, which were up 26.20%, up 13.89%, up 11.84%, up 13.05%, down 53.39% comparing with the same period of last year and account for 16.03%, 10.56%, 7.52%, 7.12%, 6.24% of PARAGUAY's total imports and exports.

During the current year until 202210, 02, 27, 12, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 1597.9801 million, 1330.3807 million, 1300.2978 million, 1111.7089 million, 647.9398 million. These values correspond to 18.94%, 15.77%, 15.41%, 13.18%, 7.68% of PARAGUAY's total exports and, respectively, were up 10.64%, down 1.97%, down 54.39%, up 70.39%, down 6.65% comparing to the same period of last year.

During the current year until 202210, 27, 85, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 2120.2916 million, 2025.3455 million, 1519.0899 million, 1058.9539 million, 583.2072 million. These values correspond to 16.20%, 15.47%, 11.60%, 8.09%, 4.45% of PARAGUAY's total exports and, respectively, were up 53.95%, up 13.63%, up 13.06%, up 15.36%, up 30.71% comparing to the same period of last year.

2. Current year until 202210, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202210, PARAGUAY-China binational exports and imports of goods amounted to 2291.6775 million and were up 25.21% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 20.1880 million and down 21.37%, imports from China to PARAGUAY were 2271.4895 million and up 25.87%. The total binational trade deficit was 2251.3014 million and up 26.55%.

During the urrent year until 202210, commodities with hs2 code, 85, 84, 29, 40, 87, were binational trade's top five traded commodities. They correspond to import and export values of 432.1547 million, 329.4979 million, 242.5809 million, 195.6270 million, 169.4654 million and makes up 18.86%, 14.38%, 10.59%, 8.54%, 7.39% of the total binational imports and exports. These values were also up 18.44%, up 34.41%, up 43.25%, up 2.51%, up 26.03% comparing to the same period last year.

During the current year until 202210, 74, 44, 41, 38, 33 were the top five traded commodities exported to China from PARAGUAY, with export values of 6.7360 million, 5.6219 million, 5.3250 million, 0.9142 million, 0.7262 million. These values account for 33.37%, 27.85%, 26.38%, 4.53%, 3.60% of PARAGUAY's total exports and were up 83.69%, up 215.80%, down 65.81%, up 431.39%, up 14.61% comparing to the same period of last year.

During the current year until 202210, 85, 84, 29, 40, 87 were PARAGUAY's top five traded commodities importing from China , with import values of 431.9514 million, 329.4969 million, 242.5809 million, 195.5000 million, 169.4654 million. These values account for 19.02%, 14.51%, 10.68%, 8.61%, 7.46% of PARAGUAY's total imports and were up 18.52%, up 34.48%, up 43.26%, up 2.73%, up 26.03% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank