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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202009

 1.  Overview the trade of PARAGUAY in goods current year until 202009

According to Dalian Infobank, in 202009PARAGUAY's exports and imports of goods amounted to 1625.7772 million, and were down 6.35% comparing with the same period of last year. Among these, exports were up 17.48% at 758.8115 million, and imports were down 20.47% at 866.9657 million. And the corresponding trade deficit was 108.1543 million and down 75.65%.

During the current year until 202009, PARAGUAY's total exports and imports of goods were 13741.4292 million and were down 9.29% comparing to the same period of last year. Among these, exports were 6314.5347 million and up 5.53%; imports were 7426.8944 million and down 18.97%. The total trade deficit was 1112.3597 million and down 65.04%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202009, PARAGUAY's imports and exports to five countries/territories were 3828.8172 million, 3286.8447 million, 1279.3723 million, 1266.5903 million, 755.7712 million. These values correspond to 27.86%, 23.92%, 9.31%, 9.22%, 5.50% of PARAGUAY's imports and exports, and, respectively, were down 0.01%, up 3.18%, down 30.07%, down 14.10%, down 2.35% comparing to the same period of last year.

Current year until 202009, 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 202009, PARAGUAY's exports to these five countries/territories were 2119.4233 million, 1904.2251 million, 514.9257 million, 297.3055 million, 127.7365 million. These values correspond to 33.56%, 30.16%, 8.15%, 4.71%, 2.02% of PARAGUAY's exports and, respectively, were up 11.49%, up 28.65%, up 11.86%, down 34.58%, up 87.08% comparing with the same period of last year.

Current year until 202009, PARAGUAY's exports to top five countries/territories BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202009, PARAGUAY's imports from these five countries/territories were 1709.3938 million, 1382.6196 million, 1257.4581 million, 1157.4698 million, 240.8455 million. These values correspond to 23.02%, 18.62%, 16.93%, 15.58%, 3.24% of PARAGUAY's total imports and, respectively, were down 11.36%, down 18.93%, down 14.27%, down 32.29%, down 23.22% comparing with the same period of last year.

During the current year until 202009, the trade surplus of PARAGUAY was mainly from ARGENTINA, BRAZIL, CHILE, RUSSIA, ISRAEL at 521.6055 million, 410.0295 million, 274.0802 million, 250.0968 million, 77.1889 million, and down 331.65%, down 1592.93%, up 86.91%, down 36.87%, down 36.02%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, SOUTH KOREA, URUGUAY at 1248.3258 million, 1035.5672 million, 123.6101 million, 110.2185 million, 69.2338 million, and down 14.45%, down 34.84%, down 15.39%, up 21.20%, down 67.28%.

Current year until 202009, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 27, 12, 85, 02, 84, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 2300.6240 million, 1930.9270 million, 1482.6937 million, 820.4963 million, 802.3146 million, which were down 6.53%, up 25.13%, down 30.32%, up 5.17%, down 14.21% comparing with the same period of last year and account for 16.74%, 14.05%, 10.79%, 5.97%, 5.84% of PARAGUAY's total imports and exports.

During the current year until 202009, 12, 27, 02, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 1912.5249 million, 1325.1204 million, 817.8910 million, 529.2524 million, 407.3476 million. These values correspond to 30.29%, 20.99%, 12.95%, 8.38%, 6.45% of PARAGUAY's total exports and, respectively, were up 25.18%, up 7.36%, up 5.15%, down 6.78%, down 14.72% comparing to the same period of last year.

During the current year until 202009, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 1348.6413 million, 975.5036 million, 792.2444 million, 611.7285 million, 308.6917 million. These values correspond to 18.16%, 13.13%, 10.67%, 8.24%, 4.16% of PARAGUAY's total exports and, respectively, were down 29.28%, down 20.50%, down 13.97%, down 23.41%, down 15.20% comparing to the same period of last year.


2. Current year until 202009, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202009, PARAGUAY-China binational exports and imports of goods amounted to 1266.5903 million and were down 14.10% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 9.1323 million and up 19.57%, imports from China to PARAGUAY were 1257.4581 million and down 14.27%. The total binational trade deficit was 1248.3258 million and down 14.45%.

During the urrent year until 202009, commodities with hs2 code, 85, 84, 38, 29, 40, were binational trade's top five traded commodities. They correspond to import and export values of 306.3401 million, 162.9327 million, 108.8088 million, 99.0402 million, 95.6619 million and makes up 24.19%, 12.86%, 8.59%, 7.82%, 7.55% of the total binational imports and exports. These values were also down 27.60%, up 4.29%, down 4.83%, down 32.44%, down 10.70% comparing to the same period last year.

During the current year until 202009, 41, 44, 63, 12, 85 were the top five traded commodities exported to China from PARAGUAY, with export values of 3.0929 million, 2.2666 million, 1.3368 million, 0.8300 million, 0.4403 million. These values account for 33.87%, 24.82%, 14.64%, 9.09%, 4.82% of PARAGUAY's total exports and were up 10.54%, up 43.00%, 0, down 26.58%, down 20.68% comparing to the same period of last year.

During the current year until 202009, 85, 84, 38, 29, 40 were PARAGUAY's top five traded commodities importing from China , with import values of 305.8998 million, 162.8397 million, 108.8088 million, 99.0105 million, 95.6619 million. These values account for 24.33%, 12.95%, 8.65%, 7.87%, 7.61% of PARAGUAY's total imports and were down 27.61%, up 4.23%, down 4.83%, down 32.46%, down 10.70% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank