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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202002

 1.  Overview the trade of PARAGUAY in goods current year until 202002

According to Dalian Infobank, in 202002PARAGUAY's exports and imports of goods amounted to 1617.9123 million, and were down 1.44% comparing with the same period of last year. Among these, exports were up 4.05% at 703.3938 million, and imports were down 5.27% at 914.5185 million. And the corresponding trade deficit was 211.1246 million and down 27.04%.

During the current year until 202002, PARAGUAY's total exports and imports of goods were 3183.3693 million and were down 2.48% comparing to the same period of last year. Among these, exports were 1191.2329 million and down 8.90%; imports were 1992.1363 million and up 1.82%. The total trade deficit was 800.9034 million and up 23.44%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202002, PARAGUAY's imports and exports to five countries/territories were 841.9608 million, 686.3931 million, 433.3758 million, 342.6265 million, 174.9431 million. These values correspond to 26.45%, 21.56%, 13.61%, 10.76%, 5.50% of PARAGUAY's imports and exports, and, respectively, were up 6.70%, down 11.57%, up 15.50%, up 6.81%, up 24.40% comparing to the same period of last year.

Current year until 202002, 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 202002, PARAGUAY's exports to these five countries/territories were 449.0964 million, 336.3937 million, 106.2215 million, 53.2217 million, 26.0648 million. These values correspond to 37.70%, 28.24%, 8.92%, 4.47%, 2.19% of PARAGUAY's exports and, respectively, were up 17.76%, down 18.34%, up 43.02%, down 47.30%, down 1.51% comparing with the same period of last year.

Current year until 202002, PARAGUAY's exports to top five countries/territories UNITED STATES, BRAZIL, ARGENTINA, CHINA, CHILE are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202002, PARAGUAY's imports from these five countries/territories were 407.3109 million, 392.8644 million, 349.9995 million, 340.0880 million, 68.7216 million. These values correspond to 20.45%, 19.72%, 17.57%, 17.07%, 3.45% of PARAGUAY's total imports and, respectively, were up 16.79%, down 3.65%, down 3.91%, up 6.66%, up 3.57% comparing with the same period of last year.

During the current year until 202002, the trade surplus of PARAGUAY was mainly from BRAZIL, RUSSIA, CHILE, ISRAEL, PERU at 56.2319 million, 44.2617 million, 37.4998 million, 19.9328 million, 14.0397 million, and down 313.09%, down 51.40%, up 373.55%, up 4.15%, down 6.44%. And the trade deficits were mainly from UNITED STATES, CHINA, GERMANY, SOUTH KOREA, HONG KONG at 381.2461 million, 337.5495 million, 33.5877 million, 33.3591 million, 26.9856 million, and up 18.30%, up 6.51%, down 3.31%, up 13.18%, up 74.92%.

Current year until 202002, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 27, 85, 12, 84, 87, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 565.1128 million, 486.6223 million, 312.0746 million, 237.7417 million, 186.0242 million, which were up 5.68%, up 10.77%, down 28.62%, up 5.24%, down 5.24% comparing with the same period of last year and account for 17.75%, 15.29%, 9.80%, 7.47%, 5.84% of PARAGUAY's total imports and exports.

During the current year until 202002, 12, 27, 02, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 309.8022 million, 299.7316 million, 182.2941 million, 75.1221 million, 54.0811 million. These values correspond to 26.01%, 25.16%, 15.30%, 6.31%, 4.54% of PARAGUAY's total exports and, respectively, were down 28.88%, up 13.38%, up 12.38%, down 1.98%, down 35.58% comparing to the same period of last year.

During the current year until 202002, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 445.4246 million, 265.3812 million, 235.3232 million, 185.4584 million, 75.1670 million. These values correspond to 22.36%, 13.32%, 11.81%, 9.31%, 3.77% of PARAGUAY's total exports and, respectively, were up 12.53%, down 1.86%, up 6.42%, down 5.14%, up 0.52% comparing to the same period of last year.


2. Current year until 202002, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202002, PARAGUAY-China binational exports and imports of goods amounted to 342.6265 million and were up 6.81% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 2.5385 million and up 31.48%, imports from China to PARAGUAY were 340.0880 million and up 6.66%. The total binational trade deficit was 337.5495 million and up 6.51%.

During the urrent year until 202002, 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 96.0842 million, 53.7462 million, 34.2706 million, 23.6145 million, 20.4279 million and makes up 28.04%, 15.69%, 10.00%, 6.89%, 5.96% of the total binational imports and exports. These values were also up 3.87%, up 46.86%, up 44.65%, down 3.83%, down 18.72% comparing to the same period last year.

During the current year until 202002, 41, 44, 63, 85, 24 were the top five traded commodities exported to China from PARAGUAY, with export values of 1.0944 million, 0.6241 million, 0.5248 million, 0.1079 million, 0.0599 million. These values account for 43.11%, 24.58%, 20.67%, 4.25%, 2.36% of PARAGUAY's total exports and were down 2.67%, up 0.39%, 0, 0, 0 comparing to the same period of last year.

During the current year until 202002, 85, 84, 40, 87, 38 were PARAGUAY's top five traded commodities importing from China , with import values of 95.9762 million, 53.7462 million, 34.2706 million, 23.6145 million, 20.4279 million. These values account for 28.22%, 15.80%, 10.08%, 6.94%, 6.01% of PARAGUAY's total imports and were up 3.75%, up 46.86%, up 44.65%, down 3.83%, down 18.72% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank