Paraguay Trade Gap Narrows as Exports Surge

Paraguay’s trade deficit widened to $162.2 million in January 2026, from $85.7 million a year earlier. Exports fell 4.2% year-on-year to $1.29 billion. Primary product sales declined 9.7% to $318.7 million, with soybeans posting the largest negative impact, partly offset by higher wheat and other oilseed shipments. Agricultural manufactures edged up 0.2% to $263.8 million, industrial manufactures rose 17.2% to $159.6 million, and fuel and energy exports increased 19.7% to $102.2 million. Imports rose 1.4% to $1.45 billion. Primary product purchases grew 7.3% to $29.4 million, led by corn for sowing and unmanufactured tobacco. Agricultural manufactures increased 7.0% to $93.7 million, while industrial manufactures rose 1.7% to $1.14 billion. Fuel and lubricant imports fell 3.6%.

Paraguay’s trade deficit widened to USD 121.90 million in December 2025 from USD 105.24 million a year earlier. Exports rose 7.7% to USD 1.42 billion, driven by a 12.0% decline in primary goods, a 6.7% increase in industrial products, and a 2.8% rise in fuel and energy shipments. Imports grew 8.3% to USD 1.55 billion, with purchases of consumer goods up 14.4%, intermediate goods down 0.9%, and capital goods advancing 18.5%.

Paraguay’s trade deficit narrowed to USD 202.67 million in November 2025 from USD 220.95 million a year earlier. Exports jumped 23.6% to USD 1.40 billion, driven by an 18.7% rise in primary goods, a 12.6% increase in industrial products, and a 32.5% surge in fuel and energy shipments. Imports grew 18.4% to USD 1.59 billion, with purchases of consumer goods up 15.5%, intermediate goods rising 23.4%, and capital goods advancing 19.8%.