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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202012

 1.  Overview the trade of PARAGUAY in goods current year until 202012

According to Dalian Infobank, in 202012PARAGUAY's exports and imports of goods amounted to 1739.6644 million, and were up 5.67% comparing with the same period of last year. Among these, exports were up 40.55% at 688.6036 million, and imports were down 9.11% at 1051.0608 million. And the corresponding trade deficit was 362.4572 million and down 45.61%.

During the current year until 202012, PARAGUAY's total exports and imports of goods were 18746.2975 million and were down 7.18% comparing to the same period of last year. Among these, exports were 8529.2171 million and up 11.46%; imports were 10217.0803 million and down 18.55%. The total trade deficit was 1687.8632 million and down 65.50%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202012, PARAGUAY's imports and exports to five countries/territories were 5489.4122 million, 4091.8782 million, 1748.8865 million, 1693.8230 million, 1098.3406 million. These values correspond to 29.28%, 21.83%, 9.33%, 9.04%, 5.86% of PARAGUAY's imports and exports, and, respectively, were up 5.55%, up 1.12%, down 32.71%, down 16.26%, up 4.90% comparing to the same period of last year.

Current year until 202012, 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 202012, PARAGUAY's exports to these five countries/territories were 3035.9309 million, 2249.9726 million, 755.9119 million, 452.4416 million, 172.4387 million. These values correspond to 35.59%, 26.38%, 8.86%, 5.30%, 2.02% of PARAGUAY's exports and, respectively, were up 20.13%, up 29.13%, up 22.05%, down 25.26%, up 7.03% comparing with the same period of last year.

Current year until 202012, 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 202012, PARAGUAY's imports from these five countries/territories were 2453.4813 million, 1841.9056 million, 1679.9866 million, 1576.4479 million, 342.4287 million. These values correspond to 24.01%, 18.03%, 16.44%, 15.43%, 3.35% of PARAGUAY's total imports and, respectively, were down 8.24%, down 20.06%, down 16.50%, down 35.34%, down 19.93% comparing with the same period of last year.

During the current year until 202012, the trade surplus of PARAGUAY was mainly from BRAZIL, CHILE, ARGENTINA, RUSSIA, ISRAEL at 582.4496 million, 413.4832 million, 408.0669 million, 392.6018 million, 107.7068 million, and down 497.53%, up 115.71%, down 172.64%, down 26.41%, down 14.34%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, URUGUAY, SOUTH KOREA at 1666.1503 million, 1404.0092 million, 182.2678 million, 147.7028 million, 116.8303 million, and down 16.74%, down 38.34%, down 9.35%, down 42.28%, up 24.04%.

Current year until 202012, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 3012.7123 million, 2298.0239 million, 2038.7979 million, 1187.7359 million, 1140.1325 million, which were down 5.98%, up 34.67%, down 31.12%, up 8.43%, down 13.84% comparing with the same period of last year and account for 16.07%, 12.26%, 10.88%, 6.34%, 6.08% of PARAGUAY's total imports and exports.

During the current year until 202012, 12, 27, 02, 23, 10 were PARAGUAY's top five traded commodities, with total import and export values of 2273.0020 million, 1748.7723 million, 1183.9936 million, 732.9620 million, 679.4750 million. These values correspond to 26.65%, 20.50%, 13.88%, 8.59%, 7.97% of PARAGUAY's total exports and, respectively, were up 34.94%, up 11.47%, up 8.43%, down 0.50%, down 4.36% comparing to the same period of last year.

During the current year until 202012, 85, 27, 84, 87, 38 were PARAGUAY's top five traded commodities, with total import values of 1841.8403 million, 1263.9401 million, 1124.7945 million, 843.1341 million, 444.5790 million. These values correspond to 18.03%, 12.37%, 11.01%, 8.25%, 4.35% of PARAGUAY's total exports and, respectively, were down 31.16%, down 22.72%, down 13.86%, down 21.35%, down 6.58% comparing to the same period of last year.


2. Current year until 202012, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202012, PARAGUAY-China binational exports and imports of goods amounted to 1693.8230 million and were down 16.26% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 13.8363 million and up 28.73%, imports from China to PARAGUAY were 1679.9866 million and down 16.50%. The total binational trade deficit was 1666.1503 million and down 16.74%.

During the urrent year until 202012, commodities with hs2 code, 85, 84, 38, 40, 29, were binational trade's top five traded commodities. They correspond to import and export values of 406.8245 million, 235.1766 million, 149.7470 million, 124.3643 million, 122.6846 million and makes up 24.02%, 13.88%, 8.84%, 7.34%, 7.24% of the total binational imports and exports. These values were also down 29.96%, up 1.20%, down 1.99%, down 18.67%, down 30.28% comparing to the same period last year.

During the current year until 202012, 41, 44, 63, 12, 40 were the top five traded commodities exported to China from PARAGUAY, with export values of 4.9127 million, 3.4424 million, 1.3368 million, 1.0700 million, 0.7240 million. These values account for 35.51%, 24.88%, 9.66%, 7.73%, 5.23% of PARAGUAY's total exports and were up 31.21%, up 33.72%, 0, down 19.58%, up 29165.28% comparing to the same period of last year.

During the current year until 202012, 85, 84, 38, 40, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 406.2576 million, 235.0731 million, 149.7470 million, 123.6402 million, 122.4404 million. These values account for 24.18%, 13.99%, 8.91%, 7.36%, 7.29% of PARAGUAY's total imports and were down 29.99%, up 1.15%, down 1.99%, down 19.14%, down 30.41% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank