2022
Exports
$1.23BWorld Rnk 5 / 139
Flag Rnk 2 / 790
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$20.7MWorld Rnk 60 / 200
Flag Rnk 133 / 1129
2022
ECONOMIC COMPLEXITY of Paraguay
-0.34Rnk 81 / 133

About

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).

Latest Trends

Apr 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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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Historical Data

Trade Balance

Color
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).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Paraguay WERE (2021 - 2022):
Uruguay$8.31M (75.2%)
Switzerland$176k (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Paraguay WERE (2021 - 2022):
Argentina-$1.17B (-54.3%)
Russia-$353M (-88.5%)
Brazil-$173M (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Paraguay's main exporting competitors in Soybeans were:
In 2022, Paraguay's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

Explore Visualizations

Trade Value of Soybeans by Exporters

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