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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202008

 1.  Overview the trade of PARAGUAY in goods current year until 202008

According to Dalian Infobank, in 202008PARAGUAY's exports and imports of goods amounted to 1589.3646 million, and were down 10.09% comparing with the same period of last year. Among these, exports were up 11.55% at 714.5364 million, and imports were down 22.38% at 874.8281 million. And the corresponding trade deficit was 160.2917 million and down 67.06%.

During the current year until 202008, PARAGUAY's total exports and imports of goods were 12115.6519 million and were down 9.67% comparing to the same period of last year. Among these, exports were 5555.7232 million and up 4.08%; imports were 6559.9287 million and down 18.77%. The total trade deficit was 1004.2054 million and down 63.31%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202008, PARAGUAY's imports and exports to five countries/territories were 3316.3061 million, 2871.8576 million, 1167.6100 million, 1130.7882 million, 653.5946 million. These values correspond to 27.37%, 23.70%, 9.64%, 9.33%, 5.39% of PARAGUAY's imports and exports, and, respectively, were down 0.61%, down 1.03%, down 27.72%, down 10.92%, down 5.59% comparing to the same period of last year.

Current year until 202008, 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 202008, PARAGUAY's exports to these five countries/territories were 1840.2013 million, 1658.9590 million, 442.5506 million, 279.5428 million, 109.0701 million. These values correspond to 33.12%, 29.86%, 7.97%, 5.03%, 1.96% of PARAGUAY's exports and, respectively, were up 12.17%, up 18.63%, up 7.45%, down 31.24%, up 5.27% comparing with the same period of last year.

Current year until 202008, 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 202008, PARAGUAY's imports from these five countries/territories were 1476.1048 million, 1212.8987 million, 1122.4248 million, 1058.5400 million, 211.0439 million. These values correspond to 22.50%, 18.49%, 17.11%, 16.14%, 3.22% of PARAGUAY's total imports and, respectively, were down 12.97%, down 19.31%, down 11.14%, down 29.98%, down 24.73% comparing with the same period of last year.

During the current year until 202008, the trade surplus of PARAGUAY was mainly from ARGENTINA, BRAZIL, RUSSIA, CHILE, ISRAEL at 446.0603 million, 364.0965 million, 239.4502 million, 231.5067 million, 74.6500 million, and down 525.93%, down 754.22%, down 32.86%, up 76.04%, down 26.00%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, SOUTH KOREA, URUGUAY at 1114.0614 million, 949.4699 million, 104.7833 million, 95.1216 million, 79.1183 million, and down 11.35%, down 32.58%, down 18.66%, up 4.74%, down 57.82%.

Current year until 202008, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202008,  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 2044.0099 million, 1731.1560 million, 1330.5784 million, 723.4683 million, 701.8051 million, which were down 5.61%, up 16.04%, down 29.41%, up 8.57%, down 13.76% comparing with the same period of last year and account for 16.87%, 14.29%, 10.98%, 5.97%, 5.79% of PARAGUAY's total imports and exports.

During the current year until 202008, 12, 27, 02, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 1716.7324 million, 1184.9937 million, 720.9901 million, 460.8475 million, 340.2298 million. These values correspond to 30.90%, 21.33%, 12.98%, 8.30%, 6.12% of PARAGUAY's total exports and, respectively, were up 15.99%, up 9.86%, up 8.56%, down 8.74%, down 12.83% comparing to the same period of last year.

During the current year until 202008, 85, 27, 84, 87, 31 were PARAGUAY's top five traded commodities, with total import values of 1218.1764 million, 859.0161 million, 692.0502 million, 533.0699 million, 275.0014 million. These values correspond to 18.57%, 13.09%, 10.55%, 8.13%, 4.19% of PARAGUAY's total exports and, respectively, were down 27.94%, down 20.96%, down 13.70%, down 25.43%, down 15.49% comparing to the same period of last year.


2. Current year until 202008, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202008, PARAGUAY-China binational exports and imports of goods amounted to 1130.7882 million and were down 10.92% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 8.3634 million and up 31.21%, imports from China to PARAGUAY were 1122.4248 million and down 11.14%. The total binational trade deficit was 1114.0614 million and down 11.35%.

During the urrent year until 202008, 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 275.6345 million, 144.3943 million, 91.0487 million, 88.9046 million, 86.7834 million and makes up 24.38%, 12.77%, 8.05%, 7.86%, 7.67% of the total binational imports and exports. These values were also down 26.16%, up 9.77%, up 3.15%, down 28.12%, down 6.82% comparing to the same period last year.

During the current year until 202008, 41, 44, 63, 12, 85 were the top five traded commodities exported to China from PARAGUAY, with export values of 2.6387 million, 2.0726 million, 1.3368 million, 0.8300 million, 0.4022 million. These values account for 31.55%, 24.78%, 15.98%, 9.92%, 4.81% of PARAGUAY's total exports and were up 15.12%, up 40.36%, 0, down 16.90%, up 5.13% comparing to the same period of last year.

During the current year until 202008, 85, 84, 38, 29, 40 were PARAGUAY's top five traded commodities importing from China , with import values of 275.2322 million, 144.3030 million, 91.0487 million, 88.8749 million, 86.7834 million. These values account for 24.52%, 12.86%, 8.11%, 7.92%, 7.73% of PARAGUAY's total imports and were down 26.19%, up 9.70%, up 3.15%, down 28.15%, down 6.81% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank