China / Paraguay

Overview In October 2024, China exported $223M and imported $4.01M from Paraguay, resulting in a positive trade balance of $219M. Between October 2023 and October 2024 the exports of China have increased by $53.9M (31.9%) from $169M to $223M, while imports decreased by $-1.32M (-24.8%) from $5.33M to $4.01M.

Trade In October 2024, the top exports of China to Paraguay were Rubber Tires ($25.4M), Inhalable tobacco/nicotine products ($6.46M), Computers ($5.75M), Motorcycles and cycles ($5.71M), and Telephones ($5.27M). In October 2024 the top imports of China from Paraguay were Scrap Copper ($1.37M), Tanned Equine and Bovine Hides ($397k), Prepr binder for foundry ($393k), Sawn Wood ($204k), and Rough Wood ($201k).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($59.1M), Shandong Province ($41.9M), Zhejiang Province ($39.8M), Jiangsu Province ($17M), and Shanghai Province ($14.1M), while imports destinations were mainly Zhejiang Province ($3.35M), Guangxi Zhuang Autonomous Region ($162k), Shanghai Province ($161k), Shandong Province ($153k), and Guangdong Province ($76k).

Growth In October 2024, the increase in China's year-by-year exports to Paraguay was explained primarily by an increase in product exports in Rubber Tires ($12M or 89.5%), Aluminium Plating ($4.73M or 2.2k%), and Inhalable tobacco/nicotine products ($3.29M or 103%). In October 2024, the decrease in China's year-by-year imports  from Paraguay was explained primarily by an decrease in product imports  in Scrap Copper ($-6.36M or -82.3%), Tanned Equine and Bovine Hides ($-2.86M or -87.8%), and Non-Knit Women's Suits ($-31.7k or -68.2%).