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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202102

 1.  Overview the trade of PARAGUAY in goods current year until 202102

According to Dalian Infobank, in 202102PARAGUAY's exports and imports of goods amounted to 1457.5880 million, and were down 9.91% comparing with the same period of last year. Among these, exports were down 24.16% at 533.4806 million, and imports were up 1.05% at 924.1074 million. And the corresponding trade deficit was 390.6268 million and up 85.02%.

During the current year until 202102, PARAGUAY's total exports and imports of goods were 2822.9459 million and were down 11.32% comparing to the same period of last year. Among these, exports were 1075.3971 million and down 9.72%; imports were 1747.5488 million and down 12.28%. The total trade deficit was 672.1517 million and down 16.08%.

If considering by country (region), BRAZIL, ARGENTINA, CHINA, UNITED STATES, CHILE were PARAGUAY's top five trading partners. During the current year until 202102, PARAGUAY's imports and exports to five countries/territories were 946.1969 million, 407.2858 million, 303.6000 million, 300.9957 million, 207.9208 million. These values correspond to 33.52%, 14.43%, 10.75%, 10.66%, 7.37% of PARAGUAY's imports and exports, and, respectively, were up 12.38%, down 40.66%, down 11.39%, down 30.55%, up 18.85% comparing to the same period of last year.

Current year until 202102, PARAGUAY and the top five trade partners BRAZIL, CHILE, ARGENTINA, 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 202102, PARAGUAY's exports to these five countries/territories were 539.6944 million, 155.0833 million, 97.0485 million, 38.9326 million, 38.2131 million. These values correspond to 50.19%, 14.42%, 9.02%, 3.62%, 3.55% of PARAGUAY's exports and, respectively, were up 20.17%, up 46.00%, down 71.15%, down 26.85%, up 46.61% comparing with the same period of last year.

Current year until 202102, 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 202102, PARAGUAY's imports from these five countries/territories were 406.5025 million, 310.2373 million, 300.5103 million, 262.7826 million, 52.8375 million. These values correspond to 23.26%, 17.75%, 17.20%, 15.04%, 3.02% of PARAGUAY's total imports and, respectively, were up 3.47%, down 11.36%, down 11.64%, down 35.48%, down 23.11% comparing with the same period of last year.

During the current year until 202102, the trade surplus of PARAGUAY was mainly from BRAZIL, CHILE, RUSSIA, ISRAEL, UNITED KINGDOM at 133.1919 million, 102.2457 million, 31.5139 million, 23.6282 million, 12.0315 million, and up 136.86%, up 172.66%, down 28.80%, up 18.54%, down 322.69%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, GERMANY, MEXICO at 297.4207 million, 224.5695 million, 213.1889 million, 38.2970 million, 21.3520 million, and down 11.89%, down 41.10%, up 1466.89%, up 14.02%, down 6.53%.

Current year until 202102, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 27, 85, 84, 02, 10, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 485.1349 million, 373.2344 million, 245.8235 million, 203.4358 million, 182.8136 million, which were down 14.15%, down 23.30%, up 3.40%, up 11.13%, up 118.27% comparing with the same period of last year and account for 17.19%, 13.22%, 8.71%, 7.21%, 6.48% of PARAGUAY's total imports and exports.

During the current year until 202102, 27, 02, 10, 23, 12 were PARAGUAY's top five traded commodities, with total import and export values of 259.6955 million, 203.0684 million, 172.3120 million, 89.7438 million, 50.1821 million. These values correspond to 24.15%, 18.88%, 16.02%, 8.35%, 4.67% of PARAGUAY's total exports and, respectively, were down 13.36%, up 11.40%, up 129.38%, up 65.94%, down 83.80% comparing to the same period of last year.

During the current year until 202102, 85, 84, 27, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 334.3261 million, 243.6865 million, 225.4394 million, 152.0980 million, 77.4151 million. These values correspond to 19.13%, 13.94%, 12.90%, 8.70%, 4.43% of PARAGUAY's total exports and, respectively, were down 24.94%, up 3.55%, down 15.05%, down 17.99%, up 2.99% comparing to the same period of last year.


2. Current year until 202102, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202102, PARAGUAY-China binational exports and imports of goods amounted to 303.6000 million and were down 11.39% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 3.0897 million and up 21.71%, imports from China to PARAGUAY were 300.5103 million and down 11.64%. The total binational trade deficit was 297.4207 million and down 11.89%.

During the urrent year until 202102, commodities with hs2 code, 85, 84, 40, 87, 76, were binational trade's top five traded commodities. They correspond to import and export values of 82.2346 million, 56.1403 million, 24.8195 million, 20.7801 million, 12.2296 million and makes up 27.09%, 18.49%, 8.18%, 6.84%, 4.03% of the total binational imports and exports. These values were also down 14.41%, up 4.45%, down 27.58%, down 12.00%, up 26.58% comparing to the same period last year.

During the current year until 202102, 41, 44, 40, 33, 85 were the top five traded commodities exported to China from PARAGUAY, with export values of 1.1137 million, 0.8913 million, 0.5316 million, 0.1758 million, 0.1584 million. These values account for 36.05%, 28.85%, 17.21%, 5.69%, 5.13% of PARAGUAY's total exports and were up 1.76%, up 42.82%, 0, up 1399.64%, up 46.77% comparing to the same period of last year.

During the current year until 202102, 85, 84, 40, 87, 76 were PARAGUAY's top five traded commodities importing from China , with import values of 82.0762 million, 56.1403 million, 24.2879 million, 20.7801 million, 12.2296 million. These values account for 27.31%, 18.68%, 8.08%, 6.91%, 4.07% of PARAGUAY's total imports and were down 14.48%, up 4.45%, down 29.13%, down 12.00%, up 26.58% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank