Paraguay recorded a trade deficit of 527537 USD Thousands in December of 2022. source: Banco Central del Paraguay

Balance of Trade in Paraguay averaged -107834.27 USD Thousands from 1994 until 2022, reaching an all time high of 231645.42 USD Thousands in March of 2021 and a record low of -609908.00 USD Thousands in January of 2022. This page provides - Paraguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Balance of Trade in Paraguay is expected to be -151385.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Balance of Trade is projected to trend around -627038.00 USD Thousands in 2024 and -666003.00 USD Thousands in 2025, according to our econometric models.

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Paraguay Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-12-13 05:30 PM Nov $-537.6M $-443.6M $-487M
2023-01-12 08:00 PM Dec $-527.5M $-525M $ -326.3M
2023-02-13 05:30 PM Jan $-527.5M $-470.0M

Related Last Previous Unit Reference
Balance of Trade -527537.00 -525042.00 USD Thousands Dec 2022
Current Account -844.20 -378.50 USD Million Sep 2022
Current Account to GDP 0.80 2.20 percent of GDP Dec 2021
Exports 724435.00 766880.00 USD Thousands Dec 2022
Imports 1251972.00 1291922.00 USD Thousands Dec 2022
Remittances 53478.10 38261.40 USD Million Nov 2022
External Debt 12888546.00 12705800.00 USD Thousand Dec 2022
Foreign Direct Investment -81.10 -73.60 USD Million Sep 2022
Capital Flows -305.20 -506.50 USD Million Sep 2022

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 (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.
Actual Previous Highest Lowest Dates Unit Frequency
-527537.00 -525042.00 231645.42 -609908.00 1994 - 2022 USD Thousands Monthly