1.  Overview the trade of PARAGUAY in goods current year until 202301

According to Dalian Infobank, in 202301, PARAGUAY's exports and imports of goods amounted to 1857.8895 million, and were up 8.79% comparing with the same period of last year. Among these, exports were up 9.89% at 553.2963 million, and imports were up 8.33% at 1304.5931 million. And the corresponding trade deficit was 751.2968 million and up 7.20%.

During the current year until 202301, PARAGUAY's total exports and imports of goods were 1857.8895 million and were up 8.79% comparing to the same period of last year. Among these, exports were 553.2963 million and up 9.89%; imports were 1304.5931 million and up 8.33%. The total trade deficit was 751.2968 million and up 7.20%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202301, PARAGUAY's imports and exports to five countries/territories were 520.1654 million, 342.5471 million, 333.0265 million, 179.5115 million, 104.6792 million. These values correspond to 28.00%, 18.44%, 17.92%, 9.66%, 5.63% of PARAGUAY's imports and exports, and, respectively, were up 7.14%, up 39.95%, up 62.49%, down 30.05%, up 45.17% comparing to the same period of last year.

Current year until 202301, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, UNITED STATES, URUGUAY are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202301, PARAGUAY's exports to these five countries/territories were 251.4822 million, 96.5280 million, 70.9567 million, 19.9175 million, 14.1561 million. These values correspond to 45.45%, 17.45%, 12.82%, 3.60%, 2.56% of PARAGUAY's exports and, respectively, were up 0.43%, up 221.17%, up 37.83%, up 47.49%, up 93.14% comparing with the same period of last year.

Current year until 202301, PARAGUAY's exports to top five countries/territories UNITED STATES, BRAZIL, ARGENTINA, CHINA, URUGUAY are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202301, PARAGUAY's imports from these five countries/territories were 313.1090 million, 268.6832 million, 246.0191 million, 178.8586 million, 49.2464 million. These values correspond to 24.00%, 20.60%, 18.86%, 13.71%, 3.77% of PARAGUAY's total imports and, respectively, were up 63.55%, up 14.28%, up 14.58%, down 29.93%, up 53.70% comparing with the same period of last year.

During the current year until 202301, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, TAIWAN, ISRAEL, GEORGIA at 37.2343 million, 10.4747 million, 7.3247 million, 5.1629 million, 3.5025 million, and up 20.68%, down 11.90%, down 43.34%, down 24.91%, up 980.46%. And the trade deficits were mainly from UNITED STATES, CHINA, ARGENTINA, URUGUAY, INDIA at 293.1916 million, 178.2056 million, 149.4911 million, 35.0902 million, 21.9417 million, and up 64.76%, down 29.80%, down 19.04%, up 42.00%, up 17.74%.

Current year until 202301, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202301,  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 360.7462 million, 319.1195 million, 143.5174 million, 114.8940 million, 104.7897 million, which were up 34.56%, up 24.55%, up 1.13%, up 2.04%, up 127.78% comparing with the same period of last year and account for 19.42%, 17.18%, 7.72%, 6.18%, 5.64% of PARAGUAY's total imports and exports.

During the current year until 202301, 27, 02, 10, 12, 85 were PARAGUAY's top five traded commodities, with total import and export values of 126.8075 million, 112.8303 million, 89.8222 million, 25.9519 million, 21.2710 million. These values correspond to 22.92%, 20.39%, 16.23%, 4.69%, 3.84% of PARAGUAY's total exports and, respectively, were up 37.62%, up 1.21%, up 114.92%, down 39.21%, up 23.06% comparing to the same period of last year.

During the current year until 202301, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 297.8485 million, 233.9387 million, 142.7554 million, 86.9953 million, 65.2398 million. These values correspond to 22.83%, 17.93%, 10.94%, 6.67%, 5.00% of PARAGUAY's total exports and, respectively, were up 24.65%, up 32.96%, up 0.90%, down 7.74%, up 12.29% comparing to the same period of last year.

2. Current year until 202301, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202301, PARAGUAY-China binational exports and imports of goods amounted to 179.5115 million and were down 30.05% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 0.6530 million and down 52.61%, imports from China to PARAGUAY were 178.8586 million and down 29.93%. The total binational trade deficit was 178.2056 million and down 29.80%.

During the urrent year until 202301, commodities with hs2 code, 84, 85, 76, 38, 87, were binational trade's top five traded commodities. They correspond to import and export values of 32.4645 million, 31.2040 million, 21.9520 million, 12.6558 million, 12.0665 million and makes up 18.08%, 17.38%, 12.23%, 7.05%, 6.72% of the total binational imports and exports. These values were also down 9.12%, down 44.70%, up 17.89%, down 9.22%, down 47.97% comparing to the same period last year.

During the current year until 202301, 38, 33, 41, 74, 44 were the top five traded commodities exported to China from PARAGUAY, with export values of 0.1915 million, 0.1328 million, 0.0994 million, 0.0632 million, 0.0427 million. These values account for 29.33%, 20.34%, 15.23%, 9.68%, 6.54% of PARAGUAY's total exports and were 0, 0, down 81.42%, down 69.03%, down 92.25% comparing to the same period of last year.

During the current year until 202301, 84, 85, 76, 38, 87 were PARAGUAY's top five traded commodities importing from China , with import values of 32.4639 million, 31.1921 million, 21.9464 million, 12.4642 million, 12.0665 million. These values account for 18.15%, 17.44%, 12.27%, 6.97%, 6.75% of PARAGUAY's total imports and were down 9.12%, down 44.69%, up 17.86%, down 10.59%, down 47.97% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Central Bank