Paraguay is the 98th largest export economy in the world and the 97th most complex economy according to the Economic Complexity Index (ECI). In 2014, Paraguay exported $7.71B and imported $11.9B, resulting in a negative trade balance of $4.23B. In 2014 the GDP of Paraguay was $30.9B and its GDP per capita was $8.91k.
The top exports of Paraguay are Soybeans ($2.3B), Soybean Meal ($1.16B), Frozen Bovine Meat ($824M), Soybean Oil ($480M) and Bovine Meat ($449M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.3B), Cars ($575M), Broadcasting Equipment ($480M), Mixed Mineral or Chemical Fertilizers ($396M) and Computers ($338M).
The top export destinations of Paraguay are Brazil ($1.25B), Russia ($1.04B), Chile ($689M), the Netherlands ($413M) and Italy ($401M). The top import origins are Brazil ($3.3B), China ($3.05B), Argentina ($1.38B), the United States ($989M) and Chile ($334M).