Paraguay recorded a trade deficit of 369144 USD Thousands in October of 2021. source: Banco Central del Paraguay

Balance of Trade in Paraguay averaged -95301.94 USD Thousands from 1994 until 2021, reaching an all time high of 231645 USD Thousands in March of 2021 and a record low of -560716 USD Thousands in December of 2019. 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 December of 2021.

Balance of Trade in Paraguay is expected to be -220000.00 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 -200000.00 USD Thousands in 2022, according to our econometric models.

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Paraguay Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-10-11 08:40 PM Sep $-269M $-218M $ -210M
2021-11-10 05:30 PM Oct $-369M $-269M
2021-12-10 05:30 PM Nov $-369M

Related Last Previous Unit Reference
Balance of Trade -369144.00 -268826.00 USD Thousands Oct/21
Current Account 595.60 161.70 USD Million Jun/21
Current Account to GDP 2.20 -1.20 percent of GDP Dec/20
Imports 1244577.00 1112295.00 USD Thousands Oct/21
Exports 875433.00 843469.00 USD Thousands Oct/21
Remittances 38284.70 37930.10 USD Million Sep/21
External Debt 11022634.00 10995890.00 USD Thousand Sep/21
Foreign Direct Investment 189.50 375.90 USD Million Jun/21
Capital Flows -358.90 214.10 USD Million Jun/21
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.