Paraguay Balance of Trade

Last Release

Feb 28, 2025

Actual

-281,601.54

Units In

USD Thousands

-537,273.02

Frequency

Monthly

Next Release

Apr 10, 2025

Time to Release

26 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
245,767 Apr 2023	-2,386,900 Oct 2023	-129,875.36 USD Thousands	1994-2025	Banco Central del Paraguay

In recent years, exports of agricultural commodities have surged in Paraguay. Shipments of soy, meat and cereals account for 58 percent of total exports. Main imports are: machinery, appliances and motors (30 percent of total imports); fuels and lubricants (12 percent); and chemicals (9 percent). Main trading partners are: Brazil (32 percent of total exports and 21 percent of imports) and Argentina (23 percent of exports and 9 percent of imports). Others include: China and the United States.

Latest Updates

Paraguay's trade deficit widened to USD 281.6 million in February 2025, up from USD 160.6 million deficit in the same month last year. Exports fell by 6.4% year-on-year to USD 944.1 million, primarily due to sharp drops in shipments of primary goods (-30.7%), and energy and fuel (-1.7%), while manufactured products increased (4.3%). Meanwhile, imports rose by 2.5% to USD 1,225 million, driven by increased purchases of consumer goods (4.5%), while intermediate goods imports decreased (-7%).