Soybeans in Paraguay

EXPORTS (2018): $2.23B, World Rnk 4 / 105
Flag Rnk 1 / 623

TOP DESTINATION (2018): $1.51B, Argentina

FASTEST GROWING MARKET (2017 - 2018): $966M, Argentina

IMPORTS (2018): $4.3M, World Rnk 76 / 166
Flag Rnk 332 / 1081

TOP ORIGIN (2018): $3.68M, Brazil

FASTEST GROWING ORIGIN (2017 - 2018): $80k, Peru

ECONOMIC COMPLEXITY of Paraguay (2018): -0.48, Rnk 87 / 137

PRODUCT COMPLEXITY  IN Soybeans (2018): -1.3, Rnk 899 / 1018

Overview: This page contains the latest trade data of Soybeans in Paraguay.

Exports: In 2018, Paraguay exported $2.23B in Soybeans, making it the 4th largest exporter of Soybeans in the world. At the same year, Soybeans was the 1st most exported product in Paraguay. The main destination of Soybeans exports from Paraguay are: Argentina ($1.51B), Russia ($301M), Turkey ($72.5M), Brazil ($59.2M), and Portugal ($44.3M).

The fastest growing export markets for Soybeans of Paraguay between 2017 and 2018 were Argentina ($966M), Chile ($4.58M), and Lebanon ($3.68M).

Imports: In 2018, Paraguay imported $4.3M in Soybeans, becoming the 76th largest importer of Soybeans in the world. At the same year, Soybeans was the 332nd most imported product in Paraguay. Paraguay imports Soybeans primarily from: Brazil ($3.68M), Argentina ($516k), Peru ($80k), Israel ($16.4k), and China ($11.2k).

The fastest growing import markets in Soybeans for Paraguay between 2017 and 2018 were Peru ($80k), Israel ($16.4k), and China ($11.2k).

Tariffs: In 2018, the average tariff for Paraguay in Soybeans was 3.86%. The countries with the highest import tariffs for Soybeans were Ecuador (4.8%), Angola (4%), Burundi (4%), Benin (4%), and Burkina Faso (4%).

Value

EXPORTS (2018): $2.23B

IMPORTS (2018): $4.3M

NET TRADE (2018): $2.23B

In 2018, Paraguay exported $2.23B in Soybeans. The main destinations of Paraguay exports on Soybeans were Argentina ($1.51B), Russia ($301M), Turkey ($72.5M), Brazil ($59.2M), and Portugal ($44.3M).

In 2018, Paraguay imported $4.3M in Soybeans, mainly from Brazil ($3.68M), Argentina ($516k), Peru ($80k), Israel ($16.4k), and China ($11.2k).

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IN 2018, Paraguay HAD A POSITIVE NET TRADE IN Soybeans WITH:

  • Argentina, $1.51B ($1.51B - $516k)
  • Russia, $301M ($301M - $0)
  • Turkey, $72.5M ($72.5M - $0)

IN 2018, Paraguay HAD A NEGATIVE NET TRADE IN Soybeans WITH:: China, -$11.2k ($0 - $11.2k)

Flow

THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Paraguay WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Paraguay WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Paraguay's main exporting competitors in Soybeans were:

In 2018, Paraguay's main importing competitors in Soybeans were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Soybeans in Paraguay. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Paraguay in Soybeans was 3.86%.

The countries with the highest tariffs for Soybeans in Paraguay were Ecuador (4.8%), Angola (4%), Burundi (4%), Benin (4%), and Burkina Faso (4%).

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