Paraguay recorded a trade deficit of USD 265.6 million in May of 2022, switching from a USD 86.4 million surplus in the corresponding period in the previous year, Imports climbed 31.1 percent to USD 1,199 million whereas exports fell 6.7 percent to USD 934 million. source: Banco Central del Paraguay

Balance of Trade in Paraguay averaged -100582.99 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 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 July of 2022.

Balance of Trade in Paraguay is expected to be -331143.00 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 -219921.00 USD Thousands in 2023 and -186697.00 USD Thousands in 2024, according to our econometric models.

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Paraguay Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-05-11 05:00 PM Apr $-174M $-250M $ -457M
2022-06-13 06:00 PM May $-266M $-161M $ -362M
2022-07-13 03:30 PM Jun $-266M $ -331.1M

Related Last Previous Unit Reference
Balance of Trade -265552.00 -160864.00 USD Thousands May 2022
Current Account -720.20 161.00 USD Million Dec 2021
Current Account to GDP 2.20 -1.20 percent of GDP Dec 2020
Imports 1199419.00 1072945.00 USD Thousands May 2022
Exports 933867.00 912081.00 USD Thousands May 2022
Remittances 38509.90 35731.30 USD Million Feb 2022
External Debt 12064891.00 11778990.00 USD Thousand May 2022
Foreign Direct Investment 2.80 61.50 USD Million Dec 2021
Capital Flows 745.20 536.80 USD Million Dec 2021

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
-265552.00 -160864.00 231645.42 -609908.00 1994 - 2022 USD Thousands Monthly