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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202101

 1.  Overview the trade of PARAGUAY in goods current year until 202101

According to Dalian Infobank, in 202101PARAGUAY's exports and imports of goods amounted to 1362.8119 million, and were down 12.94% comparing with the same period of last year. Among these, exports were up 10.56% at 539.3705 million, and imports were down 23.59% at 823.4414 million. And the corresponding trade deficit was 284.0710 million and down 51.83%.

During the current year until 202101, PARAGUAY's total exports and imports of goods were 1362.8119 million and were down 12.94% comparing to the same period of last year. Among these, exports were 539.3705 million and up 10.56%; imports were 823.4414 million and down 23.59%. The total trade deficit was 284.0710 million and down 51.83%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202101, PARAGUAY's imports and exports to five countries/territories were 450.2297 million, 195.8066 million, 154.6399 million, 140.0869 million, 102.3422 million. These values correspond to 33.04%, 14.37%, 11.35%, 10.28%, 7.51% of PARAGUAY's imports and exports, and, respectively, were up 4.03%, down 17.78%, down 22.71%, down 43.23%, up 9.16% comparing to the same period of last year.

Current year until 202101, PARAGUAY and the top five trade partners BRAZIL, CHILE, ARGENTINA, RUSSIA, UNITED KINGDOM are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202101, PARAGUAY's exports to these five countries/territories were 260.8097 million, 82.1583 million, 57.3995 million, 16.9452 million, 15.8052 million. These values correspond to 48.35%, 15.23%, 10.64%, 3.14%, 2.93% of PARAGUAY's exports and, respectively, were up 17.44%, up 41.30%, down 22.48%, down 29.28%, up 1048.97% comparing with the same period of last year.

Current year until 202101, PARAGUAY's exports to top five countries/territories BRAZIL, CHINA, ARGENTINA, UNITED STATES, GERMANY are the top five countries/territories that PARAGUAY imports from in terms of the total export amount. During the current year until 202101, PARAGUAY's imports from these five countries/territories were 189.4199 million, 152.7004 million, 138.4070 million, 127.7804 million, 24.9352 million. These values correspond to 23.00%, 18.54%, 16.81%, 15.52%, 3.03% of PARAGUAY's total imports and, respectively, were down 10.10%, down 23.38%, down 15.66%, down 45.46%, up 25.25% comparing with the same period of last year.

During the current year until 202101, the trade surplus of PARAGUAY was mainly from BRAZIL, CHILE, RUSSIA, UNITED KINGDOM, ISRAEL at 71.3898 million, 61.9743 million, 14.8837 million, 13.9575 million, 11.1482 million, and up 526.64%, up 175.04%, down 18.57%, down 644.24%, up 36.10%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, GERMANY, HONG KONG at 150.7608 million, 115.4740 million, 81.0075 million, 21.9944 million, 11.3582 million, and down 24.05%, down 47.94%, down 10.05%, up 26.71%, down 23.46%.

Current year until 202101, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 27, 85, 84, 10, 02, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 217.8905 million, 190.0175 million, 119.1359 million, 101.7896 million, 90.0273 million, which were down 20.86%, down 31.59%, down 12.18%, up 88.17%, down 7.60% comparing with the same period of last year and account for 15.99%, 13.94%, 8.74%, 7.47%, 6.61% of PARAGUAY's total imports and exports.

During the current year until 202101, 27, 10, 02, 23, 15 were PARAGUAY's top five traded commodities, with total import and export values of 128.6986 million, 98.1268 million, 89.7566 million, 60.9940 million, 28.4874 million. These values correspond to 23.86%, 18.19%, 16.64%, 11.31%, 5.28% of PARAGUAY's total exports and, respectively, were down 16.49%, up 103.08%, down 7.55%, up 176.06%, up 23.93% comparing to the same period of last year.

During the current year until 202101, 85, 84, 27, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 170.4309 million, 118.3715 million, 89.1918 million, 68.8499 million, 36.5290 million. These values correspond to 20.70%, 14.38%, 10.83%, 8.36%, 4.44% of PARAGUAY's total exports and, respectively, were down 33.96%, down 11.88%, down 26.41%, down 33.33%, down 6.62% comparing to the same period of last year.


2. Current year until 202101, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202101, PARAGUAY-China binational exports and imports of goods amounted to 154.6399 million and were down 22.71% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 1.9395 million and up 146.95%, imports from China to PARAGUAY were 152.7004 million and down 23.38%. The total binational trade deficit was 150.7608 million and down 24.05%.

During the urrent year until 202101, 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 42.6786 million, 33.7374 million, 10.0599 million, 8.7058 million, 5.9731 million and makes up 27.60%, 21.82%, 6.51%, 5.63%, 3.86% of the total binational imports and exports. These values were also down 28.77%, down 2.85%, down 40.45%, down 36.81%, down 48.98% comparing to the same period last year.

During the current year until 202101, 41, 40, 44, 85, 15 were the top five traded commodities exported to China from PARAGUAY, with export values of 0.7107 million, 0.5313 million, 0.3352 million, 0.1576 million, 0.1524 million. These values account for 36.64%, 27.39%, 17.28%, 8.13%, 7.86% of PARAGUAY's total exports and were up 52.17%, 0, up 6.04%, 0, 0 comparing to the same period of last year.

During the current year until 202101, 85, 84, 40, 87, 38 were PARAGUAY's top five traded commodities importing from China , with import values of 42.5210 million, 33.7374 million, 9.5286 million, 8.7058 million, 5.9731 million. These values account for 27.85%, 22.09%, 6.24%, 5.70%, 3.91% of PARAGUAY's total imports and were down 29.04%, down 2.85%, down 43.60%, down 36.81%, down 48.98% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank