1.  Overview the trade of PARAGUAY in goods current year until 202212

According to Dalian Infobank, in 202212, PARAGUAY's exports and imports of goods amounted to 2080.0933 million, and were up 1.47% comparing with the same period of last year. Among these, exports were up 7.62% at 724.4346 million, and imports were down 1.54% at 1355.6588 million. And the corresponding trade deficit was 631.2242 million and down 10.30%.

During the current year until 202212, PARAGUAY's total exports and imports of goods were 25809.7405 million and were up 7.06% comparing to the same period of last year. Among these, exports were 9957.0140 million and down 5.60%; imports were 15852.7265 million and up 16.91%. The total trade deficit was 5895.7125 million and up 95.71%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202212, PARAGUAY's imports and exports to five countries/territories were 7432.2033 million, 5246.6878 million, 2745.1194 million, 2418.6664 million, 1482.6713 million. These values correspond to 28.80%, 20.33%, 10.64%, 9.37%, 5.74% of PARAGUAY's imports and exports, and, respectively, were up 8.20%, down 0.46%, up 17.38%, up 10.84%, up 10.24% comparing to the same period of last year.

Current year until 202212, 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 202212, PARAGUAY's exports to these five countries/territories were 3676.0338 million, 2060.6580 million, 1108.6648 million, 356.3730 million, 255.3184 million. These values correspond to 36.92%, 20.70%, 11.13%, 3.58%, 2.56% of PARAGUAY's exports and, respectively, were up 3.44%, down 25.12%, up 12.07%, down 49.28%, up 18.75% comparing with the same period of last year.

Current year until 202212, 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 202212, PARAGUAY's imports from these five countries/territories were 3756.1695 million, 3186.0299 million, 2723.2973 million, 2163.3480 million, 543.4967 million. These values correspond to 23.69%, 20.10%, 17.18%, 13.65%, 3.43% of PARAGUAY's total imports and, respectively, were up 13.31%, up 26.48%, up 17.98%, up 9.97%, up 40.27% comparing with the same period of last year.

During the current year until 202212, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, TAIWAN, ISRAEL, POLAND at 734.6582 million, 277.1932 million, 167.4799 million, 126.3166 million, 117.3803 million, and up 15.94%, down 56.62%, up 45.99%, down 14.52%, down 1.35%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, URUGUAY, GERMANY at 2701.4752 million, 1908.0297 million, 1125.3719 million, 336.9748 million, 226.1161 million, and up 18.59%, up 8.89%, down 582.75%, up 55.98%, down 0.12%.

Current year until 202212, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202212,  commodities with hs2 codes, 27, 85, 84, 02, 10, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 4264.1519 million, 2697.5716 million, 1860.9230 million, 1858.2355 million, 1593.0045 million, which were up 25.68%, up 9.89%, up 10.95%, up 12.35%, up 86.63% comparing with the same period of last year and account for 16.52%, 10.45%, 7.21%, 7.20%, 6.17% of PARAGUAY's total imports and exports.

During the current year until 202212, 02, 27, 10, 12, 23 were PARAGUAY's top five traded commodities, with total import and export values of 1834.1937 million, 1678.9772 million, 1495.9888 million, 1388.6785 million, 677.5957 million. These values correspond to 18.42%, 16.86%, 15.02%, 13.95%, 6.81% of PARAGUAY's total exports and, respectively, were up 11.15%, up 3.61%, up 93.74%, down 55.45%, down 18.68% comparing to the same period of last year.

During the current year until 202212, 27, 85, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 2585.1746 million, 2404.4858 million, 1823.9532 million, 1272.1938 million, 768.2812 million. These values correspond to 16.31%, 15.17%, 11.51%, 8.03%, 4.85% of PARAGUAY's total exports and, respectively, were up 45.86%, up 8.95%, up 9.69%, up 9.17%, up 27.81% comparing to the same period of last year.

2. Current year until 202212, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202212, PARAGUAY-China binational exports and imports of goods amounted to 2745.1194 million and were up 17.38% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 21.8221 million and down 28.03%, imports from China to PARAGUAY were 2723.2973 million and up 17.98%. The total binational trade deficit was 2701.4752 million and up 18.59%.

During the urrent year until 202212, 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 504.8294 million, 404.0382 million, 278.2784 million, 243.5796 million, 204.4752 million and makes up 18.39%, 14.72%, 10.14%, 8.87%, 7.45% of the total binational imports and exports. These values were also up 8.63%, up 20.84%, up 32.11%, up 3.69%, up 16.62% comparing to the same period last year.

During the current year until 202212, 74, 44, 41, 38, 33 were the top five traded commodities exported to China from PARAGUAY, with export values of 6.8261 million, 5.7424 million, 5.5322 million, 1.5922 million, 1.1257 million. These values account for 31.28%, 26.31%, 25.35%, 7.30%, 5.16% of PARAGUAY's total exports and were up 44.89%, up 140.63%, down 69.36%, up 825.48%, up 71.00% comparing to the same period of last year.

During the current year until 202212, 85, 84, 29, 40, 87 were PARAGUAY's top five traded commodities importing from China , with import values of 504.4931 million, 404.0372 million, 278.2784 million, 243.4525 million, 204.4752 million. These values account for 18.53%, 14.84%, 10.22%, 8.94%, 7.51% of PARAGUAY's total imports and were up 8.69%, up 20.89%, up 32.12%, up 3.87%, up 16.62% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank