Exports In 2022, Paraguay exported $1.23B in Soybeans, making it the 5th largest exporter of Soybeans in the world. At the same year, Soybeans was the 2nd most exported product in Paraguay. The main destination of Soybeans exports from Paraguay are: Argentina ($983M), Brazil ($181M), Russia ($46M), Uruguay ($19.4M), and United Arab Emirates ($3.4M).
The fastest growing export markets for Soybeans of Paraguay between 2021 and 2022 were Uruguay ($8.31M), United Arab Emirates ($3.4M), and Switzerland ($176k).
Imports In 2022, Paraguay imported $20.7M in Soybeans, becoming the 60th largest importer of Soybeans in the world. At the same year, Soybeans was the 133rd most imported product in Paraguay. Paraguay imports Soybeans primarily from: Bolivia ($12.4M), Argentina ($4.39M), Brazil ($3.95M), Uruguay ($272), and Mexico ($26).
The fastest growing import markets in Soybeans for Paraguay between 2021 and 2022 were Bolivia ($12.4M), Mexico ($26), and Colombia ($25).