Paraguay recorded a trade surplus of 66460 USD Thousands in May of 2021. source: Banco Central del Paraguay

Balance of Trade in Paraguay averaged -94458.70 USD Thousands from 1994 until 2021, reaching an all time high of 230788 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 June 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. Looking forward, we estimate Balance of Trade in Paraguay to stand at -200000.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
66460.00 31580.00 230788.00 -560716.00 1994 - 2021 USD Thousands Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-03-10 06:00 PM Feb $-317M $-220M $-10M
2021-04-14 03:00 PM Mar $237M $-294M $-340M
2021-05-12 08:00 PM Apr $32M $231M $170M
2021-06-09 09:00 PM May $66M $32M
2021-07-09 03:30 PM Jun $66M $ -220M
2021-08-11 10:00 PM Jul
2021-09-09 09:30 PM Aug
2021-10-08 06:10 PM Sep $ -210M

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.