Paraguay recorded a trade deficit of USD 353 million in June of 2022, swinging from a surplus of USD 53 million in the corresponding period of the previous year. source: Banco Central del Paraguay

Balance of Trade in Paraguay averaged -101768.55 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 August of 2022.

Balance of Trade in Paraguay is expected to be -454270.00 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
2022-06-13 06:00 PM May $-266M $-161M $ -362M
2022-07-13 06:00 PM Jun $-355M $-266M $ -331.1M
2022-08-10 10:00 PM Jul $-355M $-395M

Related Last Previous Unit Reference
Balance of Trade -354528.00 -265552.00 USD Thousands Jun 2022
Current Account -790.70 -720.20 USD Million Mar 2022
Current Account to GDP 2.20 -1.20 percent of GDP Dec 2020
Exports 946810.00 933867.00 USD Thousands Jun 2022
Imports 1301338.00 1199419.00 USD Thousands Jun 2022
Remittances 38509.90 35731.30 USD Million Feb 2022
External Debt 12074205.00 12064891.00 USD Thousand Jun 2022
Capital Flows -398.80 745.20 USD Million Mar 2022
Foreign Direct Investment -15.20 2.80 USD Million Mar 2022

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
-354528.00 -265552.00 231645.42 -609908.00 1994 - 2022 USD Thousands Monthly