Paraguay's trade data reflects its economic activities in the global market. In 2021, Paraguay exported goods worth approximately 10.55 billion US dollars and imported goods valued at around 13.56 billion US dollars, leading to a trade deficit. The country's main exports include soybeans, electrical energy, and meat products, while its primary imports are petroleum oils and vehicles. Paraguay's trade is significantly concentrated with neighboring countries like Brazil and Argentina, which are its top trading partners.
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Brazil: $3.67 billion (36.3% of total exports)
Argentina: $1.91 billion (18.9%)
Chile: $1.16 billion (11.5%)
Russia: $356 million (3.5%)
United States: $265 million (2.6%)
China: $4.23 billion (28% of total imports)
Germany: $1.7 billion (11.3% of total imports)
Japan: $1.23 billion (8.2% of total imports)
South Korea: $509 million (3.4% of total imports)
India: $453 million (3% of total imports)
Oil seeds: $3.6 billion (30.6% of total exports)
Meat: $1.63 billion (13.7%)
Mineral fuels including oil: $1.57 billion (13.2%)
Cereals: $1.2 billion (10.4%)
Food industry waste and animal fodder: $991.2 million (8.3%)
Animal/vegetable fats, oils, and waxes: $627.6 million (5.3%)
Electrical machinery and equipment: $336.4 million (2.8%)
Beverages, spirits, and vinegar: $142.4 million (1.2%)
Other chemical goods: $130.3 million (1.1%)
Aluminum: $98.4 million (0.8%)