Overview of the Paraguay’s Trade in 2023

Paraguay right now has emerged as a strong player in the global trade market with its strong trade relations with different leading trade destination estates and growing government incentives focusing on the global trade rank. From a sudden hike in the overall export value in 2019 worth 7.4 billion US dollars, the upward trajectory of the same has continued because of the growing global necessities from the trade management authorities of Paraguay which have stood up at a staggering export trade value of 27 billion US dollars in 2023 holding an approximate share of around 22% of the total South African exports.

In correspondence to the export trade rate, the import market of the nation also keeps on proceeding with its upward trajectory because of the limited production capability of the industrial sectors facilitating the overall annual revenue with an annual import trade rate of around 19.5 billion US dollars in 2023. Import Globals highlights the customs shipment data of the country’s regional shipments across different trade destinations for promoting the understanding of the business holders regarding the modern trade trends to foster their positive output in the upcoming years.

TOP 10 EXPORTED GOODS OF PARAGUAY IN 2023

According to the Paraguay Export Data, the top 10 exported goods of the nation in 2023 are,


  • Soybeans – Export trade value of Soybeans exports from Paraguay in 2023 – 12 billion US dollars
  • Meat– Export trade value of Meat exports from Paraguay in 2023 – 9 billion US dollars
  • Corn – Export trade value of Corn exports from Paraguay in 2023 – 8 billion US dollars
  • Electric machinery– Export trade value of Electric machinery exports from Paraguay in 2023 – 7 billion US dollars
  • Cotton– Export trade value of Cotton exports from Paraguay in 2023 – 6 billion US dollars
  • Sugar– Export trade value of Sugar exports from Paraguay in 2023 – 5 billion US dollars
  • Wood products – Export trade value of Wood products  exports from Paraguay in 2023 – 4 billion US dollars
  • Mineral fuels– Export trade value of Mineral fuels exports from Paraguay in 2023 – 3 billion US dollars
  • Leather and leather products– Export trade value of Leather and leather products exports from Paraguay in 2023 – 2 billion US dollars
  • Dairy products– Export trade value of Dairy products exports from Paraguay in 2023 – 1.5 billion US dollars

TOP 10 EXPORT TRADE PARTNERS OF PARAGUAY IN 2023

The growing production rate of the industrial sectors and the political stability has fueled the global reach of the nation in 2023. According to the Paraguay Trade Data, the top 10 export trade partners of the nation in 2023 are,


  • Brazil – The annual revenue of the products exported from Paraguay to Brazil  in 2023 – 11.1 billion US dollars
  • China – The annual revenue of the products exported from Paraguay to China  in 2023 – 8.7 billion US dollars
  • Russia – The annual revenue of the products exported from Paraguay to Russia  in 2023 – 7.6 billion US dollars
  • Chile – The annual revenue of the products exported from Paraguay to Chile  in 2023 – 6.8 billion US dollars
  • Argentina– The annual revenue of the products exported from Paraguay to Argentina in 2023 – 5.8 billion US dollars 
  • Uruguay – The annual revenue of the products exported from Paraguay to Uruguay in 2023 – 4.8 billion US dollars 
  • United States – The annual revenue of the products exported from Paraguay to the United States in 2023 – 4.4 billion US dollars
  • Netherlands – The annual revenue of the products exported from Paraguay to the Netherlands in 2023 – 3.2 billion US dollars 
  • Italy – The annual revenue of the products exported from Paraguay to Italy in 2023 – 2.8 billion US dollars
  • Spain – The annual revenue of the products exported from Paraguay to Spain in 2023 – 1.5 billion US dollars

TOP 10 IMPORTED GOODS OF THE PARAGUAY IN 2023

According to the Paraguay Import Data, the top 10 imported goods of the nation in 2023 are,


  • Refined Petroleum – Import trade value of Refined Petroleum in Paraguay 2023 – 9.8 billion US dollars
  • Cars – Import trade value of Cars in Paraguay 2023 – 8.7 billion US dollars
  • Packaged Medicaments – Import trade value of Packaged Medicaments  in Paraguay 2023 – 7.2 billion US dollars
  • Broadcasting Equipment– Import trade value of Broadcasting Equipment in Paraguay 2023 – 6.5 billion US dollars
  • Other Organic Chemicals – Import trade value of Other Organic Chemicals  in Paraguay 2023 – 5.7 billion US dollars
  • Wheat – Import trade value of Wheat in Paraguay 2023 – 4.8 billion US dollars
  • Automobile Parts – Import trade value of Automobile Parts  in Paraguay 2023 – 3.5 billion US dollars
  • Packaged Medicaments– Import trade value of Packaged Medicaments in Paraguay 2023 – 2.8 billion US dollars
  • Computer Parts – Import trade value of Computer Parts  in Paraguay 2023 – 2.5 billion US dollars
  • Other Processed Food – Import trade value of Other Processed Food in Paraguay 2023 – 1.8 billion US dollars

TOP 10 IMPORT TRADE PARTNERS OF PARAGUAY IN 2023

The competitive pricing strategies adopted by the trade management authorities of Paraguay have attracted different foreign trade destination estates to its market. According to the Paraguay Customs Data, the top 10 import trade partners of Paraguay in 2023 with values are,


  • China – The total valuation of the products imported in Paraguay from China  in 2023 – 7.6 billion US dollars
  • Brazil – The total valuation of the products imported in Paraguay from Brazil  in 2023 – 5.7 billion US dollars
  • United States – The total valuation of the products imported in Paraguay from the United States in 2023 – 4.8 billion US dollars 
  • Argentina – The total valuation of the products imported in Paraguay from Argentina in 2023 – 3.8 billion US dollars 
  • Germany – The total valuation of the products imported in Paraguay from Germany in 2023 – 2.8 billion US dollars 
  • South Korea – The total valuation of the products imported in Paraguay from South Korea in 2023 – 2.5 billion US dollars
  • Chile – The total valuation of the products imported in Paraguay from Chile  in 2023 – 1.8 billion US dollars
  • India – The total valuation of the products imported in Paraguay from India  in 2023 – 1.6 billion US dollars
  • Spain– The total valuation of the products imported in Paraguay from Spain in 2023 – 1.5 billion US dollars
  • Japan – The total valuation of the products imported in Paraguay from Japan  in 2023 – 1.4 billion US dollars

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