1.  Overview the trade of PARAGUAY in goods current year until 202211

According to Dalian Infobank, in 202211, PARAGUAY's exports and imports of goods amounted to 2159.9829 million, and were down 5.16% comparing with the same period of last year. Among these, exports were down 11.05% at 754.3163 million, and imports were down 1.66% at 1405.6665 million. And the corresponding trade deficit was 651.3502 million and up 12.04%.

During the current year until 202211, PARAGUAY's total exports and imports of goods were 23717.6928 million and were up 7.53% comparing to the same period of last year. Among these, exports were 9220.6250 million and down 6.62%; imports were 14497.0677 million and up 19.00%. The total trade deficit was 5276.4427 million and up 128.54%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202211, PARAGUAY's imports and exports to five countries/territories were 6800.8829 million, 4888.8474 million, 2550.3935 million, 2223.8484 million, 1323.3088 million. These values correspond to 28.67%, 20.61%, 10.75%, 9.38%, 5.58% of PARAGUAY's imports and exports, and, respectively, were up 7.94%, up 1.21%, up 22.34%, up 12.54%, up 5.75% comparing to the same period of last year.

Current year until 202211, 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 202211, PARAGUAY's exports to these five countries/territories were 3388.6368 million, 2004.4832 million, 985.4449 million, 347.1942 million, 239.1096 million. These values correspond to 36.75%, 21.74%, 10.69%, 3.77%, 2.59% of PARAGUAY's exports and, respectively, were up 2.41%, down 22.52%, up 6.38%, down 49.20%, up 34.30% comparing with the same period of last year.

Current year until 202211, 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 202211, PARAGUAY's imports from these five countries/territories were 3412.2460 million, 2884.3642 million, 2529.5479 million, 1984.7389 million, 484.4159 million. These values correspond to 23.54%, 19.90%, 17.45%, 13.69%, 3.34% of PARAGUAY's total imports and, respectively, were up 14.05%, up 28.58%, up 23.04%, up 10.39%, up 41.94% comparing with the same period of last year.

During the current year until 202211, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, TAIWAN, ISRAEL, POLAND at 647.5810 million, 271.3020 million, 159.4923 million, 127.6200 million, 115.9588 million, and up 7.71%, down 56.63%, up 43.90%, down 9.04%, down 2.92%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, URUGUAY, GERMANY at 2508.7023 million, 1745.6293 million, 879.8809 million, 293.6943 million, 204.6449 million, and up 23.77%, up 7.76%, down 356.00%, up 60.52%, up 0.14%.

Current year until 202211, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 3858.1578 million, 2492.8340 million, 1728.4000 million, 1715.5054 million, 1399.1947 million, which were up 25.98%, up 12.29%, up 11.76%, up 12.50%, down 54.40% comparing with the same period of last year and account for 16.27%, 10.51%, 7.29%, 7.23%, 5.90% of PARAGUAY's total imports and exports.

During the current year until 202211, 02, 27, 12, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 1706.6451 million, 1523.2869 million, 1353.6848 million, 1294.0274 million, 665.7644 million. These values correspond to 18.51%, 16.52%, 14.68%, 14.03%, 7.22% of PARAGUAY's total exports and, respectively, were up 10.56%, up 2.05%, down 55.39%, up 77.12%, down 12.77% comparing to the same period of last year.

During the current year until 202211, 27, 85, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 2334.8710 million, 2218.5059 million, 1680.1584 million, 1167.6305 million, 683.5785 million. These values correspond to 16.11%, 15.30%, 11.59%, 8.05%, 4.72% of PARAGUAY's total exports and, respectively, were up 48.72%, up 11.62%, up 11.15%, up 11.61%, up 32.06% comparing to the same period of last year.

2. Current year until 202211, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202211, PARAGUAY-China binational exports and imports of goods amounted to 2550.3935 million and were up 22.34% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 20.8456 million and down 27.90%, imports from China to PARAGUAY were 2529.5479 million and up 23.04%. The total binational trade deficit was 2508.7023 million and up 23.77%.

During the urrent year until 202211, 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 472.9989 million, 373.4647 million, 263.3413 million, 221.5541 million, 189.9212 million and makes up 18.55%, 14.64%, 10.33%, 8.69%, 7.45% of the total binational imports and exports. These values were also up 15.45%, up 27.56%, up 33.08%, up 5.71%, up 23.47% comparing to the same period last year.

During the current year until 202211, 74, 44, 41, 38, 33 were the top five traded commodities exported to China from PARAGUAY, with export values of 6.7671 million, 5.6713 million, 5.4716 million, 1.2855 million, 0.7387 million. These values account for 32.46%, 27.21%, 26.25%, 6.17%, 3.54% of PARAGUAY's total exports and were up 60.99%, up 161.53%, down 69.19%, up 647.20%, up 15.63% comparing to the same period of last year.

During the current year until 202211, 85, 84, 29, 40, 87 were PARAGUAY's top five traded commodities importing from China , with import values of 472.7547 million, 373.4637 million, 263.3413 million, 221.4270 million, 189.9212 million. These values account for 18.69%, 14.76%, 10.41%, 8.75%, 7.51% of PARAGUAY's total imports and were up 15.52%, up 27.61%, up 33.08%, up 5.92%, up 23.47% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank