Overview: This page contains the latest international trade data for Paraguay, including service trade data, and tariffs. In 2018 Paraguay was the number 94 economy in the world in terms of GDP (current US$), the number 101 in total exports, the number 89 in total imports, and the number 87 most complex economy according to the Economic Complexity Index (ECI). In 2018, Paraguay exported $7.14B and imported $12.9B, resulting in a negative trade balance of -$5.81B. In 2018, Paraguay's exports per capita were $1.03k and its imports per capita were $1.86k.
Trade: The top exports of Paraguay are Soybeans ($2.23B), Soybean Meal ($945M), Frozen Bovine Meat ($653M), Soybean Oil ($473M), and Bovine Meat ($449M). The top imports of Paraguay are Refined Petroleum ($1.27B), Broadcasting Equipment ($1.14B), Cars ($594M), Pesticides ($377M), and Office Machine Parts ($299M).
Destinations: Paraguay exports mostly to Argentina ($1.73B), Brazil ($1.17B), Russia ($785M), Chile ($627M), and India ($247M), and imports mostly from China ($3.03B), Brazil ($2.95B), United States ($1.64B), Argentina ($1.26B), and Chile ($609M).
Location: Paraguay borders Argentina, Bolivia, and Brazil by land.