Paraguay recorded a trade deficit of 592799 USD Thousands in December of 2019. Balance of Trade in Paraguay averaged -96928.49 USD Thousands from 1994 until 2019, reaching an all time high of 198293 USD Thousands in April of 2014 and a record low of -592799 USD Thousands in December of 2019. source: Banco Central del Paraguay

Balance of Trade in Paraguay is expected to be -140000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Paraguay to stand at -105000.00 in 12 months time. In the long-term, the Paraguay Balance of Trade is projected to trend around -240000.00 USD Thousands in 2020, according to our econometric models.


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Paraguay Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-592799.00 -466698.00 198293.00 -592799.00 1994 - 2019 USD Thousands Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-09 05:10 PM Sep $-373.5M $-416.1M $ -425M
2019-11-11 05:10 PM Oct $-440.8M $-376.7M $-402M
2019-12-11 11:00 PM Nov $-458.5M $-440.8M $-410M
2020-01-10 06:00 PM Dec $-592.8M $-466.7M $ -480M
2020-02-11 05:05 PM Jan $-592.8M $-430M
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Paraguay Balance of Trade
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 (26 percent of total imports); fuels and lubricants (11 percent) and chemicals (9 percent). Main trading partners are: Brazil (32 percent of total exports and 23 percent of imports) and Argentina (15 percent of exports and 10 percent of imports). Others include: China, United States and Chile.

Paraguay Trade Last Previous Highest Lowest Unit
Balance of Trade -592799.00 -466698.00 198293.00 -592799.00 USD Thousands [+]
Current Account -391.80 60.70 688.50 -678.70 USD Million [+]
Current Account to GDP 0.70 3.10 7.80 -11.60 percent [+]
Imports 1082743.00 1030209.00 1187335.00 104591.00 USD Thousands [+]
Exports 489945.00 563511.00 1093822.00 116146.00 USD Thousands [+]
Gold Reserves 8.19 8.19 8.20 0.00 Tonnes [+]
Terrorism Index 3.12 3.44 4.09 0.00 [+]
Foreign Direct Investment 56.70 144.80 459.10 -306.60 USD Million [+]
External Debt 7148063.00 7098187.00 7148063.00 1221099.00 USD Thousand [+]
Capital Flows 415.50 28.90 663.20 -611.20 USD Million [+]