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How dependent is Paraguay on China?

In 2024, China sold $5.6 billion to Paraguay, 32.2% of its imports, ranking 1st among its suppliers. Its share was 32.8% in 2019 and 2.8% in 1995. In 120 products it sells more than 50% of what Paraguay buys of them (in 49, more than 75%); what Paraguay buys from China in those products (dominated value) adds up to $4.1 billion, 23.2% of its imports.

Summary

Share of its imports
32.2%
Value imported
$5.6billion
Rank among its suppliers
1st
Products where it sells over 50%
120
Products where it sells over 75%
49
Dominated value
$4.1billion
Share of total imports
23.2%

Trend

Trend in shares

China went from 2.8% to 32.2% of what Paraguay buys

Share (%)

  • China 32.2%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951062.8%8
1996782.2%10
1997852.1%9
1998782.2%10
1999572.3%10
200026610.4%3
200125510.8%3
200221311.8%3
200326912.4%3
200442615%3
200564618.4%2
20061,27624.8%1
20071,64726.5%2
20082,48826.4%1
20092,08128.4%1
20103,53633.5%1
20113,68929%1
20123,24126.6%1
20133,45727.9%1
20143,09024.8%2
20152,44723.2%2
20162,70127%1
20173,70830.3%1
20183,77427.5%1
20194,21232.8%1
20203,01529%1
20214,07629.6%1
20224,69629.2%1
20235,41833.2%1
20245,63232.2%1

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina88.6%over 75%Vietnam · 7.5%$1.3 billion
ComputersChina90.4%over 75%United States · 3.3%$305 million
New tiresChina79%over 75%Brazil · 13.1%$282 million
Computer and office machine partsChina88.4%over 75%United States · 2.7%$184 million
MotorcyclesChina91%over 75%India · 3.1%$147 million
Air conditionersChina85.6%over 75%Singapore · 6.1%$143 million
Aluminum sheetChina77.5%over 75%Brazil · 16.8%$110 million
Video game consoles and gamesChina92.8%over 75%United States · 2.2%$110 million
Monitors and projectorsChina76%over 75%Vietnam · 8.9%$97 million
Video recorders and playersChina94.1%over 75%Taiwan · 2%$97 million
Nitrogen heterocyclic compoundsChina84.1%over 75%India · 12.5%$92 million
Microphones and speakersChina85.2%over 75%Vietnam · 7%$80 million
Hot-rolled flat steelChina64.9%Argentina · 18.6%$61 million
Phones and telecom equipmentChina96.9%over 75%Brazil · 0.69%$60 million
Electric heaters and hair dryersChina71.8%Brazil · 16.9%$51 million
Coated flat steelChina76.6%over 75%India · 21.5%$50 million
ToysChina83.2%over 75%Brazil · 7.9%$47 million
Air pumps, compressors and fansChina63.2%Brazil · 16.9%$46 million
Other organo-inorganic compoundsChina98%over 75%India · 1.4%$45 million
Bags, suitcases and casesChina71.9%Taiwan · 8.6%$43 million
Knitted plush and terry fabricChina94.8%over 75%Chile · 3.6%$39 million
Transformers and power suppliesChina54.8%Brazil · 22.7%$37 million
Cold-rolled flat steelChina80.6%over 75%Brazil · 11.9%$35 million
Vacuum flasks (thermoses)China89.1%over 75%Brazil · 3.9%$29 million
Other wristwatchesChina65.6%Taiwan · 21.4%$29 million
Lamps and light fittingsChina69.3%Brazil · 16.7%$24 million
Synthetic filament fabricChina63.7%Brazil · 13%$23 million
Washing machinesChina50.4%Brazil · 24.4%$22 million
Discs and storage mediaChina78.6%over 75%Thailand · 6.4%$22 million
Home appliancesChina78.6%over 75%Brazil · 14.3%$21 million

and 90 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Paraguay is China’s 72nd-largest customer, with 0.16% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.