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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202001

 1.  Overview the trade of PARAGUAY in goods current year until 202001

According to Dalian Infobank, in 202001PARAGUAY's exports and imports of goods amounted to 1565.4570 million, and were down 3.53% comparing with the same period of last year. Among these, exports were down 22.76% at 487.8391 million, and imports were up 8.73% at 1077.6179 million. And the corresponding trade deficit was 589.7787 million and up 64.08%.

During the current year until 202001, PARAGUAY's total exports and imports of goods were 1565.4570 million and were down 3.53% comparing to the same period of last year. Among these, exports were 487.8391 million and down 22.76%; imports were 1077.6179 million and up 8.73%. The total trade deficit was 589.7787 million and up 64.08%.

If considering by country (region), BRAZIL, UNITED STATES, ARGENTINA, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202001, PARAGUAY's imports and exports to five countries/territories were 432.7758 million, 246.7584 million, 238.1533 million, 200.0640 million, 93.7567 million. These values correspond to 27.65%, 15.76%, 15.21%, 12.78%, 5.99% of PARAGUAY's imports and exports, and, respectively, were up 4.78%, up 46.04%, down 35.09%, up 13.76%, up 20.41% comparing to the same period of last year.

Current year until 202001, 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 202001, PARAGUAY's exports to these five countries/territories were 222.0842 million, 74.0477 million, 58.1448 million, 23.9615 million, 12.4649 million. These values correspond to 45.52%, 15.18%, 11.92%, 4.91%, 2.56% of PARAGUAY's exports and, respectively, were up 7.27%, down 60.73%, up 29.19%, down 41.09%, up 15.82% comparing with the same period of last year.

Current year until 202001, PARAGUAY's exports to top five countries/territories UNITED STATES, BRAZIL, CHINA, ARGENTINA, CHILE are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202001, PARAGUAY's imports from these five countries/territories were 234.2935 million, 210.6917 million, 199.2786 million, 164.1056 million, 35.6120 million. These values correspond to 21.74%, 19.55%, 18.49%, 15.23%, 3.30% of PARAGUAY's total imports and, respectively, were up 48.10%, up 2.28%, up 13.87%, down 8.00%, up 8.37% comparing with the same period of last year.

During the current year until 202001, the trade surplus of PARAGUAY was mainly from CHILE, RUSSIA, BRAZIL, SAUDI ARABIA, ISRAEL at 22.5328 million, 18.2770 million, 11.3925 million, 10.1918 million, 8.1914 million, and up 85.53%, down 46.77%, up 992.32%, down 24.58%, up 9.50%. And the trade deficits were mainly from UNITED STATES, CHINA, ARGENTINA, SOUTH KOREA, GERMANY at 221.8286 million, 198.4933 million, 90.0579 million, 18.7076 million, 17.3587 million, and up 50.45%, up 13.98%, down 986.95%, up 27.09%, up 10.23%.

Current year until 202001, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 85, 27, 84, 87, 02, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 277.7685 million, 275.3277 million, 135.6550 million, 103.5205 million, 97.4344 million, which were up 28.02%, down 5.36%, up 24.03%, up 6.80%, up 15.13% comparing with the same period of last year and account for 17.74%, 17.59%, 8.67%, 6.61%, 6.22% of PARAGUAY's total imports and exports.

During the current year until 202001, 27, 02, 10, 12, 15 were PARAGUAY's top five traded commodities, with total import and export values of 154.1209 million, 97.0871 million, 48.3193 million, 44.5157 million, 22.9863 million. These values correspond to 31.59%, 19.90%, 9.90%, 9.13%, 4.71% of PARAGUAY's total exports and, respectively, were down 2.17%, up 15.00%, up 23.34%, down 74.41%, down 31.46% comparing to the same period of last year.

During the current year until 202001, 85, 84, 27, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 258.0575 million, 134.3357 million, 121.2068 million, 103.2626 million, 39.1202 million. These values correspond to 23.95%, 12.47%, 11.25%, 9.58%, 3.63% of PARAGUAY's total exports and, respectively, were up 30.00%, up 26.44%, down 9.14%, up 6.87%, down 1.04% comparing to the same period of last year.


2. Current year until 202001, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202001, PARAGUAY-China binational exports and imports of goods amounted to 200.0640 million and were up 13.76% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 0.7854 million and down 8.36%, imports from China to PARAGUAY were 199.2786 million and up 13.87%. The total binational trade deficit was 198.4933 million and up 13.98%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 40, 87, 38, were binational trade's top five traded commodities. They correspond to import and export values of 59.9192 million, 34.7286 million, 16.8934 million, 13.7769 million, 11.7070 million and makes up 29.95%, 17.36%, 8.44%, 6.89%, 5.85% of the total binational imports and exports. These values were also up 5.04%, up 81.34%, up 69.44%, up 19.81%, down 30.50% comparing to the same period last year.

During the current year until 202001, 41, 44, 33 were the top five traded commodities exported to China from PARAGUAY, with export values of 0.4671 million, 0.3161 million, 0.0022 million. These values account for 59.47%, 40.25%, 0.28% of PARAGUAY's total exports and were down 11.24%, up 40.91%, down 97.87% comparing to the same period of last year.

During the current year until 202001, 85, 84, 40, 87, 38 were PARAGUAY's top five traded commodities importing from China , with import values of 59.9192 million, 34.7286 million, 16.8934 million, 13.7769 million, 11.7070 million. These values account for 30.07%, 17.43%, 8.48%, 6.91%, 5.87% of PARAGUAY's total imports and were up 5.04%, up 81.34%, up 69.44%, up 19.81%, down 30.50% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank