Paraguay Trade Surplus Widens in March

Paraguay's trade surplus widened to $166.8 million in March 2026 from $46.7 million a year earlier, marking the highest since May 2024. Exports rose 35.5% to $1.90 billion, with industrial manufactured goods up 69.3%, agricultural products up 64.3%, and primary goods up 55.5%. Electricity sales fell 49.8%. Imports rose 27.9% to $1.74 billion, with intermediate goods purchases up 22.8%, consumer goods up 15.8%, and capital goods up 3.8%.

Paraguay's trade swung to a deficit of 77.5 million dollars on February 2026 from a surplus of 75.5 million dollars a year ealier as higher soybean exports offset earlier declines. Total exports reached 2.72 billion dollars which is a 1.4% increase compared to the same period in 2025. Primary product sales climbed to 783.3 million dollars led by soybeans while agricultural manufactures fell to 620.7 million dollars and industrial products grew to 338.3 million dollars. Fuel and energy exports reached 157.4 million dollars. Total imports rose 3.6% to 2.80 billion dollars due to high demand for machinery and consumer goods. Primary product imports were led by corn for sowing and tobacco while industrial imports remained strong. Fuel and lubricant imports continued to fall as international prices shifted.

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%.