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Paraguay Import Data

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Paraguay Import Data

As per Paraguay import data Paraguay economy is the economy of market that is highly depends on the agriculture commodities. To improve and grow farming sector is the important component for Paraguay economy. As per Paraguay import trade data Paraguay was recorded as top 6th producers of Soybeans and they significantly increased the exports of Soybeans and agricultural products.

The Government of Paraguay always welcome the foreign investment which helps to improve the economy of Paraguay.

According to Paraguay import customs data Paraguay majorly imports products of electrical machinery and its equipment, second top importing product by Paraguay is mineral fuels and mineral oils, third top importing product is boilers, machinery and mechanical appliances.

Paraguay import trade data top trading partners of Paraguay is Brazil with a share of 21%, United States with a share of 19.2% and Argentina with a share of 18.5%.

As according to Paraguay import shipment data the value of merchandise imports to Paraguay totalled $ 12.1 billion in 2019. The value of merchandise imports to Paraguay was equal to $ 13.3 billion in 2018.

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Paraguay Import Customs Trade Data Shows Top 10 Importing Products In 2019 – Analysis By Chapter

  • 21% for Chapter 85 – Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles value of 2.66 billion US$
  • 13.4% for Chapter 27 – Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes value of 1.63 billion US$
  • 10.7% for Chapter 84 – Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof value of 1.31 billion US$
  • 8.79% for Chapter 87 – Vehicles other than railway or tramway rolling stock, and parts and accessories thereof value of 1.07 billion US$
  • 3.9% for Chapter 38 – Miscellaneous chemical products value of 475 million US$
  • 3.67% for Chapter 31 – Fertilizers value of 447 million US$
  • 3.6% for Chapter 39 – Plastics and articles thereof value of 439 million US$
  • 2.16% for Chapter 72 – Iron and steel value of 263 million US$
  • 2.15% for Chapter 30 – Pharmaceutical products value of 262 million US$
  • 2.12% for Chapter 40 – Rubber and articles thereof value of 258 million US$

Paraguay Import Global Trade Data Shows Top 10
Trading Partners of Paraguay

  • Brazil with a share of 21% (2.63 billion US$)
  • USA with a share of 19.2% (2.34 billion US$)
  • Argentina with a share of 18.5% (2.26 billion US$)
  • China with a share of 15.7% (1.92 billion US$)
  • Chile with a share of 3.42% (416 million US$)
  • Uruguay with a share of 2.67% (326 million US$)
  • Germany with a share of 1.92% (235 million US$)
  • Korea with a share of 1.44% (176 million US$)
  • India with a share of 1.27% (155 million US$)
  • Panama with a share of 1.18% (144 million US$)

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