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Paraguay Trade Summary

2021

Paraguay exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PARAGUAY 2021

Overall Exports and Imports for Paraguay 2021

Exports and imports of Paraguay in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,550 million.
  • The total value of imports (CIF) was 13,560 million.
  • At the HS6 digit level, 1,530 products were exported to 140 countries and 3,751 products were imported from 153 countries.

Paraguay top 5 Export and Import partners 2021

Top five countries to which Paraguay exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Paraguay exports to Brazil worth US$ 3,547 million, with a partner share of 33.62 percent.
  2. Paraguay exports to Argentina worth US$ 2,652 million, with a partner share of 25.14 percent.
  3. Paraguay exports to Chile worth US$ 998 million, with a partner share of 9.46 percent.
  4. Paraguay exports to Russian Federation worth US$ 736 million, with a partner share of 6.98 percent.
  5. Paraguay exports to India worth US$ 233 million, with a partner share of 2.20 percent.

Top five countries from which Paraguay imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Paraguay imports from China worth US$ 4,067 million, with a partner share of 30.00 percent.
  2. Paraguay imports from Brazil worth US$ 3,220 million, with a partner share of 23.75 percent.
  3. Paraguay imports from Argentina worth US$ 1,284 million, with a partner share of 9.47 percent.
  4. Paraguay imports from United States worth US$ 962 million, with a partner share of 7.09 percent.
  5. Paraguay imports from India worth US$ 451 million, with a partner share of 3.33 percent.

Paraguay Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by Paraguay along with trade value are:

  1. Paraguay exported Soya beans , worth US$ 2,975,124.11 million.
  2. Paraguay exported Electrical energy , worth US$ 1,608,806.72 million.
  3. Paraguay exported Fresh or chilled boneless bovine meat , worth US$ 788,747.46 million.
  4. Paraguay exported Frozen boneless bovine meat , worth US$ 771,271.21 million.
  5. Paraguay exported Oil-cake and other solid residues, of soya-bean , worth US$ 764,201.39 million.

The top five imported HS 6 digit level products from world by Paraguay along with trade value are

  1. Paraguay imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,611,638.73 million.
  2. Paraguay imported Transmission apparatus, for radioteleph incorpo , worth US$ 1,110,051.23 million.
  3. Paraguay imported Storage units, whether or not presented with th , worth US$ 217,503.54 million.
  4. Paraguay imported Diesel powered trucks with a GVW not exceeding , worth US$ 204,913.97 million.
  5. Paraguay imported New pneumatic tyres, of rubber of a kind used o , worth US$ 195,640.24 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Paraguay in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 8.11 percent.
  • The trade weighted average tariff was 4.49 .
  • The total duty free imports in thousands of US dollars were 4,835,422.42 and duty free tariff line items share was 37.16 percent.

Development Indicators 2021

Key Development Indicators of Paraguay in 2021 are below

  • Paraguay GDP in current US dollar was 39,951 million.
  • GNI per capita, Atlas method (current US$) was 5,740.00 .
  • Paraguay Trade balance: as % of GDP was 1.23.
  • Trade balance in current US$ was 492.00 million.
  • Trade as percentage of GDP was 69.74 .
  • Trade in services as percentage of GDP was 8.31 .

Trade Indicators 2021

Trade Indicators for Paraguay in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 2.25.
  • World Growth in percentage was 12.59 and Paraguay Country Growth was 13.02 .