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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202004

 1.  Overview the trade of PARAGUAY in goods current year until 202004

According to Dalian Infobank, in 202004PARAGUAY's exports and imports of goods amounted to 1084.1741 million, and were down 36.28% comparing with the same period of last year. Among these, exports were down 16.11% at 578.2435 million, and imports were down 50.01% at 505.9306 million. And the corresponding trade surplus was 72.3128 million and down 122.40%.

During the current year until 202004, PARAGUAY's total exports and imports of goods were 5815.3470 million and were down 12.08% comparing to the same period of last year. Among these, exports were 2506.6504 million and down 7.19%; imports were 3308.6965 million and down 15.45%. The total trade deficit was 802.0461 million and down 33.87%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202004, PARAGUAY's imports and exports to five countries/territories were 1547.4628 million, 1422.2071 million, 656.3408 million, 538.8080 million, 314.3890 million. These values correspond to 26.61%, 24.46%, 11.29%, 9.27%, 5.41% of PARAGUAY's imports and exports, and, respectively, were down 3.41%, down 7.92%, down 15.11%, down 8.40%, down 5.55% comparing to the same period of last year.

Current year until 202004, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, RUSSIA, ISRAEL are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202004, PARAGUAY's exports to these five countries/territories were 842.5919 million, 800.1646 million, 200.6358 million, 116.2375 million, 50.3582 million. These values correspond to 33.61%, 31.92%, 8.00%, 4.64%, 2.01% of PARAGUAY's exports and, respectively, were up 8.06%, up 0.41%, up 4.33%, down 41.63%, down 12.07% comparing with the same period of last year.

Current year until 202004, PARAGUAY's exports to top five countries/territories BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202004, PARAGUAY's imports from these five countries/territories were 704.8709 million, 622.0424 million, 610.5641 million, 534.0107 million, 113.7532 million. These values correspond to 21.30%, 18.80%, 18.45%, 16.14%, 3.44% of PARAGUAY's total imports and, respectively, were down 14.28%, down 16.79%, down 15.91%, down 8.63%, down 19.07% comparing with the same period of last year.

During the current year until 202004, the trade surplus of PARAGUAY was mainly from ARGENTINA, BRAZIL, RUSSIA, CHILE, ISRAEL at 178.1222 million, 137.7210 million, 98.6703 million, 86.8826 million, 46.2358 million, and up 260.89%, down 423.64%, down 45.62%, up 67.87%, down 12.01%. And the trade deficits were mainly from UNITED STATES, CHINA, GERMANY, SOUTH KOREA, URUGUAY at 564.7873 million, 529.2134 million, 54.0296 million, 53.0976 million, 51.0780 million, and down 16.82%, down 8.86%, down 16.82%, down 7.51%, down 40.91%.

Current year until 202004, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202004,  commodities with hs2 codes, 27, 12, 85, 84, 02, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 1032.6713 million, 794.1375 million, 729.9900 million, 379.8051 million, 347.5707 million, which were down 5.90%, down 7.50%, down 22.10%, down 9.50%, up 4.24% comparing with the same period of last year and account for 17.76%, 13.66%, 12.55%, 6.53%, 5.98% of PARAGUAY's total imports and exports.

During the current year until 202004, 12, 27, 02, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 789.2622 million, 568.6985 million, 346.0597 million, 167.5829 million, 146.0824 million. These values correspond to 31.49%, 22.69%, 13.81%, 6.69%, 5.83% of PARAGUAY's total exports and, respectively, were down 7.67%, up 4.64%, up 4.13%, down 27.84%, down 4.22% comparing to the same period of last year.

During the current year until 202004, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 669.4116 million, 463.9728 million, 375.5750 million, 285.6936 million, 127.7607 million. These values correspond to 20.23%, 14.02%, 11.35%, 8.63%, 3.86% of PARAGUAY's total exports and, respectively, were down 20.62%, down 16.25%, down 8.95%, down 24.03%, down 12.48% comparing to the same period of last year.


2. Current year until 202004, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202004, PARAGUAY-China binational exports and imports of goods amounted to 538.8080 million and were down 8.40% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 4.7973 million and up 27.07%, imports from China to PARAGUAY were 534.0107 million and down 8.63%. The total binational trade deficit was 529.2134 million and down 8.86%.

During the urrent year until 202004, 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 145.9898 million, 81.5093 million, 53.4949 million, 39.4967 million, 25.1687 million and makes up 27.09%, 15.13%, 9.93%, 7.33%, 4.67% of the total binational imports and exports. These values were also down 22.64%, up 27.49%, up 18.83%, down 9.09%, down 26.42% comparing to the same period last year.

During the current year until 202004, 41, 63, 44, 85, 12 were the top five traded commodities exported to China from PARAGUAY, with export values of 1.5131 million, 1.3368 million, 1.1197 million, 0.2134 million, 0.1880 million. These values account for 31.54%, 27.87%, 23.34%, 4.45%, 3.92% of PARAGUAY's total exports and were down 25.94%, 0, up 6.35%, up 2036.81%, down 36.73% comparing to the same period of last year.

During the current year until 202004, 85, 84, 40, 87, 38 were PARAGUAY's top five traded commodities importing from China , with import values of 145.7764 million, 81.4818 million, 53.4949 million, 39.4967 million, 25.1687 million. These values account for 27.30%, 15.26%, 10.02%, 7.40%, 4.71% of PARAGUAY's total imports and were down 22.75%, up 27.45%, up 18.83%, down 9.09%, down 26.42% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank