Paraguay is the 97th largest export economy in the world and the 86th most complex economy according to the Economic Complexity Index (ECI). In 2017, Paraguay exported $6.82B and imported $12B, resulting in a negative trade balance of $5.15B. In 2017 the GDP of Paraguay was $39.7B and its GDP per capita was $13.1k.
The top exports of Paraguay are Soybeans ($2.19B), Soybean Meal ($741M), Frozen Bovine Meat ($592M), Bovine Meat ($577M) and Soybean Oil ($482M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.17B), Broadcasting Equipment ($770M), Cars ($533M), Office Machine Parts ($359M) and Pesticides ($327M).
The top export destinations of Paraguay are Brazil ($1.12B), Argentina ($749M), Chile ($648M), Russia ($601M) and Italy ($293M). The top import origins are China ($3.65B), Brazil ($2.64B), Argentina ($1.18B), the United States ($1.01B) and Chile ($428M).