Paraguay is the 93rd largest export economy in the world and the 94th most complex economy according to the Economic Complexity Index (ECI). In 2015, Paraguay exported $8.33B and imported $10.1B, resulting in a negative trade balance of $1.82B. In 2015 the GDP of Paraguay was $27.1B and its GDP per capita was $9.2k.
The top exports of Paraguay are Electricity ($2.01B), Soybeans ($1.57B), Soybean Meal ($845M), Frozen Bovine Meat ($653M) and Bovine Meat ($462M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($905M), Cars ($481M), Pesticides ($339M), Broadcasting Equipment ($316M) and Mixed Mineral or Chemical Fertilizers ($312M).
The top export destinations of Paraguay are Brazil ($2.62B), Russia ($760M), Chile ($638M), Argentina ($540M) and Italy ($314M). The top import origins are Brazil ($2.56B), China ($2.38B), Argentina ($1.21B), the United States ($830M) and Chile ($418M).