India / Paraguay

Overview In December 2024, India exported $12.8M and imported $3.36M from Paraguay, resulting in a positive trade balance of $9.46M. Between December 2023 and December 2024 the exports of India have decreased by $-4.41M (-25.6%) from $17.2M to $12.8M, while imports increased by $799k (31.3%) from $2.56M to $3.36M.

Trade In December 2024, the top exports of India to Paraguay were Agro Chemicals ($4.22M), Electric Machinery And Equipme ($2.65M), Residul Chemicl And Alled Prod ($1.87M), Iron And Steel ($1.27M), and Drug Formulations, Biologicals ($659k). In December 2024 the top imports of India from Paraguay were Iron And Steel ($1.33M), Aluminium, Products Of Aluminm ($636k), Lead And Products Made Of Led ($282k), Copper And Prdcts Made Of Copr ($194k), and Essential Oils ($124k).

Growth In December 2024, the decrease in India's year-by-year exports to Paraguay was explained primarily by an decrease in product exports in Iron And Steel ($-4.29M or -77.1%), Motor Vehicle/Cars ($-2.02M or -81.4%), and Spices ($-1.63M or -96.8%). In December 2024, the increase in India's year-by-year imports  from Paraguay was explained primarily by an increase in product imports  in Iron And Steel ($1.25M or 1.69k%), Aluminium, Products Of Aluminm ($364k or 134%), and Electric Machinery And Equipme ($11.7k or 3.06k%).