Paraguay (PRY)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Paraguay - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Brazil (BRA) | 32.4% $3.54B | 25.2% $4.15B | 28.0% $7.68B |
| 2 | China (CHN) | 0.0% $0 | 33.5% $5.53B | 20.2% $5.53B |
| 3 | Argentina (ARG) | 30.8% $3.36B | 7.2% $1.19B | 16.6% $4.55B |
| 4 | USA (USA) | 3.8% $413.50M | 7.0% $1.16B | 5.7% $1.57B |
| 5 | Chile (CHL) | 8.5% $932.07M | 1.0% $171.18M | 4.0% $1.10B |
| 6 | India (IND) | 1.0% $109.56M | 2.6% $434.72M | 2.0% $544.28M |
| 7 | Germany (DEU) | 0.5% $58.00M | 2.2% $362.33M | 1.5% $420.33M |
| 8 | Singapore (SGP) | 0.0% $0 | 2.5% $412.29M | 1.5% $412.29M |
| 9 | Russian Federation (RUS) | 1.9% $206.97M | 0.8% $131.72M | 1.2% $338.69M |
| 10 | Japan (JPN) | 0.0% $0 | 1.8% $304.36M | 1.1% $304.36M |
- In 2024, Paraguay's total trade was valued at $27.4B, with exports of $10.9B and imports of $16.5B.
- Paraguay's trade balance for 2024 was a deficit of -$5.6B.
- The country ranked 77th globally in total trade for the year.
- Top export partners included Brazil ($3.5B, 32.4%) and Argentina ($3.4B, 30.8%).
- Top import partners were China ($5.5B, 33.5%) and Brazil ($4.1B, 25.2%).
- The leading export product category was Oil seeds and oleaginous fruits (HS2 12), valued at $3.4B.
Paraguay's Export Profile
In 2024, Paraguay exported goods worth $10.9B, ranking 79th worldwide. The country's primary export destination was Brazil, which received 32.4% of total exports, valued at $3.5B. Argentina followed, accounting for 30.8% of exports at a value of $3.4B. The most significant export product for Paraguay was Oil seeds and oleaginous fruits, representing 31.2% of all exports with a value of $3.4B. The second largest export category was Meat and edible meat offal, contributing $1.8B or 16.8% of the total.
Paraguay's Import Profile
Paraguay's imports in 2024 totaled $16.5B, placing it 76th globally. The leading source of imports was China, providing goods valued at $5.5B, which is 33.5% of the country's total imports. Brazil was the second-largest import partner, with a 25.2% share valued at $4.1B. The most imported product category was Electrical machinery and equipment, with a total import value of $2.8B (17.2% of total imports), followed by Mineral fuels and oils at $2.1B.
Exports
Paraguay - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Paraguay - export composition by product categories (Exports), 2024 (USD)
Paraguay - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Paraguay - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.