Paraguay

In 2014, the value of merchandise exports of Paraguay increased slightly by 2.4 percent to reach 9.7 bln US$, while its merchandise imports increased slightly by 0.2 percent to reach 12.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 2.5 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -3.2 bln US$ (see graph 4). Merchandise exports in Paraguay were diversified amongst partners; imports were moderately concentrated. The top 15 partners accounted for 80 percent or more of exports and 6 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Paraguay increased substantially by 11.4 percent, reaching 842.2 mln US$, while its imports of services increased substantially by 15.4 percent and reached 1.1 bln US$ (see graph 2). There was a moderate trade in services deficit of 227.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Paraguay