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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202003

 1.  Overview the trade of PARAGUAY in goods current year until 202003

According to Dalian Infobank, in 202003PARAGUAY's exports and imports of goods amounted to 1547.8036 million, and were down 6.12% comparing with the same period of last year. Among these, exports were up 4.74% at 737.1740 million, and imports were down 14.21% at 810.6296 million. And the corresponding trade deficit was 73.4555 million and down 69.54%.

During the current year until 202003, PARAGUAY's total exports and imports of goods were 4731.1729 million and were down 3.70% comparing to the same period of last year. Among these, exports were 1928.4070 million and down 4.13%; imports were 2802.7659 million and down 3.40%. The total trade deficit was 874.3589 million and down 1.76%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202003, PARAGUAY's imports and exports to five countries/territories were 1254.0719 million, 1117.5222 million, 576.4597 million, 453.1765 million, 260.3401 million. These values correspond to 26.51%, 23.62%, 12.18%, 9.58%, 5.50% of PARAGUAY's imports and exports, and, respectively, were up 5.39%, down 5.90%, up 3.26%, down 2.73%, up 13.40% comparing to the same period of last year.

Current year until 202003, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, RUSSIA, INDIA are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202003, PARAGUAY's exports to these five countries/territories were 675.2511 million, 594.6787 million, 159.1317 million, 91.7487 million, 40.5063 million. These values correspond to 35.02%, 30.84%, 8.25%, 4.76%, 2.10% of PARAGUAY's exports and, respectively, were up 17.77%, down 7.02%, up 26.30%, down 37.47%, down 31.63% comparing with the same period of last year.

Current year until 202003, PARAGUAY's exports to top five countries/territories BRAZIL, UNITED STATES, 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 202003, PARAGUAY's imports from these five countries/territories were 578.8208 million, 540.8835 million, 522.8435 million, 449.7911 million, 101.2084 million. These values correspond to 20.65%, 19.30%, 18.65%, 16.05%, 3.61% of PARAGUAY's total imports and, respectively, were down 6.13%, up 3.50%, down 4.61%, down 2.86%, down 2.29% comparing with the same period of last year.

During the current year until 202003, the trade surplus of PARAGUAY was mainly from BRAZIL, RUSSIA, ARGENTINA, CHILE, ISRAEL at 96.4303 million, 77.8987 million, 71.8353 million, 57.9232 million, 33.1086 million, and down 323.15%, down 42.00%, down 21.45%, up 158.50%, down 13.31%. And the trade deficits were mainly from UNITED STATES, CHINA, GERMANY, SOUTH KOREA, URUGUAY at 505.3073 million, 446.4057 million, 47.0848 million, 46.1168 million, 44.1167 million, and up 3.78%, down 2.99%, down 4.97%, up 7.54%, down 32.13%.

Current year until 202003, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 27, 85, 12, 84, 02, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 831.1249 million, 652.9253 million, 573.8531 million, 324.1375 million, 281.9505 million, which were up 3.36%, down 2.25%, down 15.57%, down 1.47%, up 14.72% comparing with the same period of last year and account for 17.57%, 13.80%, 12.13%, 6.85%, 5.96% of PARAGUAY's total imports and exports.

During the current year until 202003, 12, 27, 02, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 570.2761 million, 435.4972 million, 281.0608 million, 120.5477 million, 115.5362 million. These values correspond to 29.57%, 22.58%, 14.57%, 6.25%, 5.99% of PARAGUAY's total exports and, respectively, were down 15.80%, up 7.94%, up 14.80%, up 7.25%, down 25.81% comparing to the same period of last year.

During the current year until 202003, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 592.9263 million, 395.6276 million, 320.6764 million, 252.8276 million, 104.3711 million. These values correspond to 21.16%, 14.12%, 11.44%, 9.02%, 3.72% of PARAGUAY's total exports and, respectively, were down 1.31%, down 1.25%, down 0.75%, down 10.80%, down 5.71% comparing to the same period of last year.


2. Current year until 202003, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202003, PARAGUAY-China binational exports and imports of goods amounted to 453.1765 million and were down 2.73% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 3.3854 million and up 17.70%, imports from China to PARAGUAY were 449.7911 million and down 2.86%. The total binational trade deficit was 446.4057 million and down 2.99%.

During the urrent year until 202003, 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 126.9553 million, 68.7387 million, 47.7177 million, 31.6476 million, 24.1141 million and makes up 28.01%, 15.17%, 10.53%, 6.98%, 5.32% of the total binational imports and exports. These values were also down 9.64%, up 30.26%, up 36.30%, down 2.86%, down 24.19% comparing to the same period last year.

During the current year until 202003, 41, 44, 63, 85, 90 were the top five traded commodities exported to China from PARAGUAY, with export values of 1.2408 million, 0.8739 million, 0.7468 million, 0.2134 million, 0.0815 million. These values account for 36.65%, 25.81%, 22.06%, 6.30%, 2.41% of PARAGUAY's total exports and were down 27.56%, up 15.04%, 0, up 2036.81%, 0 comparing to the same period of last year.

During the current year until 202003, 85, 84, 40, 87, 38 were PARAGUAY's top five traded commodities importing from China , with import values of 126.7419 million, 68.7387 million, 47.7177 million, 31.6476 million, 24.1141 million. These values account for 28.18%, 15.28%, 10.61%, 7.04%, 5.36% of PARAGUAY's total imports and were down 9.79%, up 30.26%, up 36.30%, down 2.86%, down 24.19% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank