Paraguay

ECON COMPLEXITY (2018)

-0.48

RANK 87 OF 137

PRODUCT EXPORTS (2018)

$7.14B

RANK 101 OF 222

EXPORTS PER CAPITA (2018)

$1.03K

RANK 189 OF 219

PRODUCT IMPORTS (2018)

$12.9B

RANK 89 OF 221

IMPORTS PER CAPITA (2018)

$1.86K

RANK 190 of 219

SERVICE EXPORTS (2015)

$542M

RANK 131 OF 170

SERVICE IMPORTS (2015)

$802M

RANK 132 OF 170

GDP (2018)

$40.5B

CURRENT US$
RANK 94 OF 196

GDP GROWTH (2008-2018)

64.8%

CURRENT US$
RANK 63 OF 196

GDP PC (2018)

$5,822

CURRENT US$
RANK 106 OF 196

GDP PC GROWTH (2008-2018)

44%

Overview: This page contains the latest international trade data for Paraguay, including service trade data, and tariffs. In 2018 Paraguay was the number 94 economy in the world in terms of GDP (current US$), the number 101 in total exports, the number 89 in total imports, and the number 87 most complex economy according to the Economic Complexity Index (ECI). In 2018, Paraguay exported $7.14B and imported $12.9B, resulting in a negative trade balance of -$5.81B. In 2018, Paraguay’s exports per capita were $1.03k and its imports per capita were $1.86k.

Trade: The top exports of Paraguay are Soybeans ($2.23B), Soybean Meal ($945M), Frozen Bovine Meat ($653M), Soybean Oil ($473M), and Bovine Meat ($449M). The top imports of Paraguay are Refined Petroleum ($1.27B), Broadcasting Equipment ($1.14B), Cars ($594M), Pesticides ($377M), and Office Machine Parts ($299M).

Destinations: Paraguay exports mostly to Argentina ($1.73B), Brazil($1.17B), Russia ($785M), Chile ($627M), and India ($247M), and imports mostly from China ($3.03B), Brazil ($2.95B), United States($1.64B), Argentina ($1.26B), and Chile ($609M).

Location: Paraguay borders Argentina, Bolivia, and Brazil by land.

Exports

In 2018 Paraguay exported a total of $7.14B, making it the number 101 exporter in the world. During the last five reported years the exports of Paraguay have changed by -$2.37B from $9.5B in 2013 to $7.14B in 2018.

The most recent exports are led by Soybeans ($2.23B), Soybean Meal ($945M), Frozen Bovine Meat ($653M), Soybean Oil ($473M), and Bovine Meat ($449M).

Imports

In 2018 Paraguay imported $12.9B, making it the number 89 trade destination in the world. During the last five reported years the imports of Paraguay changed by $1.02B from $11.9B in 2013 to $12.9B in 2018.

The most recent imports of Paraguay are led by Refined Petroleum ($1.27B), Broadcasting Equipment ($1.14B), Cars ($594M), Pesticides ($377M), and Office Machine Parts ($299M).

Trade Balance

As of 2018 Paraguay had a negative trade balance of $5.15B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $2.32B in net imports.

Destinations

The most common destination for the exports of Paraguay are Argentina ($1.73B), Brazil ($1.17B), Russia ($785M), Chile ($627M), and India ($247M).

Origins

The most common import partners for Paraguay are China ($3.03B), Brazil ($2.95B), United States ($1.64B), Argentina ($1.26B), and Chile ($609M).