Paraguay is the 88th largest export economy in the world. In 2016, Paraguay exported $18.5B and imported $24B, resulting in a negative trade balance of $5.55B. In 2016 the GDP of Paraguay was $27.4B and its GDP per capita was $9.6k.
The top exports of Paraguay are Electricity ($2.13B), Soybeans ($1.98B), Soybean Meal ($947M), Frozen Bovine Meat ($590M) and Bovine Meat ($521M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Broadcasting Equipment ($1.2B), Refined Petroleum ($966M), Cars ($473M), Computers ($403M) and Telephones ($299M).
The top export destinations of Paraguay are Brazil ($3.01B), Argentina ($850M), Russia ($655M), Chile ($519M) and Italy ($309M). The top import origins are Brazil ($2.22B), the United States ($1.97B), China ($1.17B), Argentina ($979M) and Chile ($557M).