Soybeans in Paraguay | The Observatory of Economic Complexity

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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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybeans from Paraguay to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soybeans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.23B

IMPORTS (2022)$20.7M

NET TRADE (2022)$1.21B

In 2022, Paraguay exported $1.23B in Soybeans. The main destinations of Paraguay exports on Soybeans were Argentina ($983M), Brazil ($181M), Russia ($46M), Uruguay ($19.4M), and United Arab Emirates ($3.4M).

In 2022, Paraguay imported $20.7M in Soybeans, mainly from Bolivia ($12.4M), Argentina ($4.39M), Brazil ($3.95M), Uruguay ($272), and Mexico ($26).