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Monitor Report of PARAGUAY trade and PARAGUAY-China binational trade in 202105

 1.  Overview the trade of PARAGUAY in goods current year until 202105

According to Dalian Infobank, in 202105PARAGUAY's exports and imports of goods amounted to 1970.6577 million, and were up 47.01% comparing with the same period of last year. Among these, exports were up 43.36% at 981.0471 million, and imports were up 50.82% at 989.6106 million. And the corresponding trade deficit was 8.5635 million and down 130.38%.

During the current year until 202105, PARAGUAY's total exports and imports of goods were 8962.9405 million and were up 25.25% comparing to the same period of last year. Among these, exports were 4203.9563 million and up 31.75%; imports were 4758.9842 million and up 20.03%. The total trade deficit was 555.0279 million and down 28.28%.

If considering by country (region), BRAZIL, ARGENTINA, UNITED STATES, CHINA, CHILE were PARAGUAY's top five trading partners. During the current year until 202105, PARAGUAY's imports and exports to five countries/territories were 2588.2734 million, 2121.5219 million, 780.0796 million, 732.0820 million, 572.2038 million. These values correspond to 28.88%, 23.67%, 8.70%, 8.17%, 6.38% of PARAGUAY's imports and exports, and, respectively, were up 36.35%, up 19.05%, up 3.60%, up 13.74%, up 47.58% comparing to the same period of last year.

Current year until 202105, PARAGUAY and the top five trade partners BRAZIL, ARGENTINA, CHILE, RUSSIA, URUGUAY are the top five countries/territories that PARAGUAY exports to in terms of the total export amount. During the current year until 202105, PARAGUAY's exports to these five countries/territories were 1417.0623 million, 1238.5069 million, 431.6998 million, 212.4249 million, 113.6955 million. These values correspond to 33.71%, 29.46%, 10.27%, 5.05%, 2.70% of PARAGUAY's exports and, respectively, were up 35.73%, up 19.70%, up 69.11%, up 46.01%, up 189.23% comparing with the same period of last year.

Current year until 202105, 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 202105, PARAGUAY's imports from these five countries/territories were 1171.2111 million, 883.0150 million, 721.9233 million, 696.4317 million, 140.5040 million. These values correspond to 24.61%, 18.55%, 15.17%, 14.63%, 2.95% of PARAGUAY's total imports and, respectively, were up 37.11%, up 18.14%, up 13.12%, down 0.11%, up 6.09% comparing with the same period of last year.

During the current year until 202105, the trade surplus of PARAGUAY was mainly from ARGENTINA, CHILE, BRAZIL, RUSSIA, TAIWAN at 355.4919 million, 291.1958 million, 245.8512 million, 194.5749 million, 44.3633 million, and up 23.78%, up 137.05%, up 29.53%, up 53.53%, up 60.31%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, INDIA, SOUTH KOREA at 711.7647 million, 612.7838 million, 90.6249 million, 65.0185 million, 55.6245 million, and up 12.49%, down 4.47%, up 41.05%, down 656.52%, down 12.22%.

Current year until 202105, PARAGUAY's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 12, 27, 85, 02, 84, were PARAGUAY's top five traded commodities. They correspond to the import and export values of 1339.4439 million, 1306.3722 million, 962.0057 million, 653.7813 million, 634.2621 million, which were up 28.84%, up 3.22%, up 13.48%, up 53.61%, up 42.66% comparing with the same period of last year and account for 14.94%, 14.58%, 10.73%, 7.29%, 7.08% of PARAGUAY's total imports and exports.

During the current year until 202105, 12, 27, 02, 10, 23 were PARAGUAY's top five traded commodities, with total import and export values of 1333.1018 million, 669.9178 million, 652.6879 million, 337.2944 million, 305.6396 million. These values correspond to 31.71%, 15.94%, 15.53%, 8.02%, 7.27% of PARAGUAY's total exports and, respectively, were up 28.91%, down 6.88%, up 53.92%, up 90.65%, up 36.65% comparing to the same period of last year.

During the current year until 202105, 85, 27, 84, 87, 39 were PARAGUAY's top five traded commodities, with total import values of 856.9288 million, 636.4544 million, 629.1718 million, 417.1928 million, 216.2073 million. These values correspond to 18.01%, 13.37%, 13.22%, 8.77%, 4.54% of PARAGUAY's total exports and, respectively, were up 9.57%, up 16.52%, up 43.21%, up 25.39%, up 35.91% comparing to the same period of last year.


2. Current year until 202105, PARAGUAY binational trade profile

According to Dalian Infobank, during the current year until 202105, PARAGUAY-China binational exports and imports of goods amounted to 732.0820 million and were up 13.74% comparing with the same period of last year. Among these, exports from PARAGUAY to China were 10.1586 million and up 85.55%, imports from China to PARAGUAY were 721.9233 million and up 13.12%. The total binational trade deficit was 711.7647 million and up 12.49%.

During the urrent year until 202105, commodities with hs2 code, 85, 84, 40, 87, 29, were binational trade's top five traded commodities. They correspond to import and export values of 178.3803 million, 119.6534 million, 71.0772 million, 52.7653 million, 43.4538 million and makes up 24.37%, 16.34%, 9.71%, 7.21%, 5.94% of the total binational imports and exports. These values were also up 2.14%, up 26.63%, up 21.33%, up 18.53%, up 58.09% comparing to the same period last year.

During the current year until 202105, 41, 74, 44, 12, 15 were the top five traded commodities exported to China from PARAGUAY, with export values of 4.0144 million, 1.9896 million, 1.3120 million, 0.7434 million, 0.6095 million. These values account for 39.52%, 19.59%, 12.92%, 7.32%, 6.00% of PARAGUAY's total exports and were up 160.60%, up 4402.72%, up 1.35%, up 96.48%, up 682.45% comparing to the same period of last year.

During the current year until 202105, 85, 84, 40, 87, 29 were PARAGUAY's top five traded commodities importing from China , with import values of 178.1477 million, 119.6534 million, 70.5444 million, 52.7653 million, 43.4436 million. These values account for 24.68%, 16.57%, 9.77%, 7.31%, 6.02% of PARAGUAY's total imports and were up 2.23%, up 26.67%, up 20.42%, up 18.59%, up 58.05% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Central Bank