Paraguay is the 87th largest export economy in the world. In 2016, Paraguay exported $8.68B and imported $9.7B, resulting in a negative trade balance of $1.03B. In 2016 the GDP of Paraguay was $27.4B and its GDP per capita was $9.6k.
The top exports of Paraguay are Electricity ($2.09B), Soybeans ($1.8B), Soybean Meal ($864M), Frozen Bovine Meat ($594M) and Bovine Meat ($514M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($754M), Broadcasting Equipment ($490M), Cars ($424M), Pesticides ($285M) and Computers ($241M).
The top export destinations of Paraguay are Brazil ($2.99B), Argentina ($810M), Russia ($654M), Chile ($540M) and Italy ($323M). The top import origins are China ($2.65B), Brazil ($2.3B), Argentina ($1.15B), the United States ($733M) and Chile ($414M).