Paraguay Balance of Trade

Last Release

Jul 31, 2025

Actual

-841,100

Units In

USD Thousands

-697,900

Frequency

Monthly

Next Release

Sep 09, 2025

Time to Release

25 Days 20 Hours

Highest	Lowest	Average	Date Range	Source
245,767 Apr 2023	-2,386,900 Oct 2023	-135,581.74 USD Thousands	1994-2025	Banco Central del Paraguay

In recent years, exports of agricultural commodities have surged in Paraguay. Shipments of soy, meat and cereals account for 58 percent of total exports. Main imports are: machinery, appliances and motors (30 percent of total imports); fuels and lubricants (12 percent); and chemicals (9 percent). Main trading partners are: Brazil (32 percent of total exports and 21 percent of imports) and Argentina (23 percent of exports and 9 percent of imports). Others include: China and the United States.

Latest Updates

Paraguay recorded a trade deficit of USD 841.1 million through July 2025, shifting from a USD 470.1 million surplus in the same month of the previous year. This marked the largest trade deficit since records began in January 1994, as exports fell while imports rose. Registered exports dropped by 6.7% year-on-year to USD 6.5354 billion, mainly due to a 22.8% decline in primary products, particularly soybeans (-29.9%), sesame seeds (-7.1%), and others (-8.3%). Additionally, fuels and energy decreased 3.8%, but partly offset by gains in agro-industrial goods (8.4%) and industrial manufactures (2.2%). Meanwhile, registered imports increased by 7.3% to USD 9.888 billion, primarily driven by higher purchases of agro-industrial goods (13.3%), industrial manufactures (11.7%), and primary products (11.6%). However, fuel and lubricant imports shrank 20.2%, weighed mainly by decreases in diesel (-21.4%) and gasoline (-23.2%).