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Trade between China and Paraguay

In 2024, China exported $5.6 billion to Paraguay and imported $28 million. China ran a surplus of $5.6 billion with Paraguay, compared with a surplus of $4.2 billion in 2019. Paraguay was China’s 86th largest trading partner (0.1% of its trade), and China was Paraguay’s 2nd (20%).

Summary

China → Paraguay
$5.6billion
Paraguay → China
$28million
China’s balance
$5.6billion

Balance

China’s trade balance with Paraguay

Trade between China and Paraguay grew 42.6-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.6
  • Imports 0
  • Balance +5.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$106 million$27 million$78 million
1996$78 million$2 million$76 million
1997$85 million$662 thousand$84 million
1998$78 million$2 million$77 million
1999$57 million$2 million$55 million
2000$266 million$7 million$259 million
2001$255 million$13 million$242 million
2002$213 million$14 million$198 million
2003$269 million$20 million$250 million
2004$426 million$45 million$381 million
2005$646 million$77 million$569 million
2006$1.3 billion$22 million$1.3 billion
2007$1.6 billion$58 million$1.6 billion
2008$2.5 billion$98 million$2.4 billion
2009$2.1 billion$36 million$2 billion
2010$3.5 billion$50 million$3.5 billion
2011$3.7 billion$45 million$3.6 billion
2012$3.2 billion$46 million$3.2 billion
2013$3.5 billion$59 million$3.4 billion
2014$3.1 billion$50 million$3 billion
2015$2.4 billion$34 million$2.4 billion
2016$2.7 billion$21 million$2.7 billion
2017$3.7 billion$30 million$3.7 billion
2018$3.8 billion$43 million$3.7 billion
2019$4.2 billion$12 million$4.2 billion
2020$3 billion$16 million$3 billion
2021$4.1 billion$33 million$4 billion
2022$4.7 billion$36 million$4.7 billion
2023$5.4 billion$23 million$5.4 billion
2024$5.6 billion$28 million$5.6 billion

What they sell each other

What China sells to Paraguay

The top 10 headings in 2024, with their share of the total.

  1. Cameras and broadcast equipment$1.3 billion · 22.6%
    7 thousand tonnes
  2. Computers$305 million · 5.4%
    2 thousand tonnes · China’s destinations
  3. New tires$282 million · 5%
    139 thousand tonnes · China’s destinations
  4. Pesticides and herbicides$220 million · 3.9%
    35 thousand tonnes
  5. 5 thousand tonnes
  6. Motorcycles$147 million · 2.6%
    27 thousand tonnes · China’s destinations
  7. Air conditioners$143 million · 2.5%
    26 thousand tonnes · China’s destinations
  8. Other electrical devices$124 million · 2.2%
    3 thousand tonnes
  9. Aluminum sheet$110 million · 2%
    27 thousand tonnes
  10. 2 thousand tonnes

What Paraguay sells to China

The top 10 headings in 2024, with their share of the total.

  1. Sawn wood$7 million · 27%
    6 thousand tonnes · China’s sources
  2. Tanned cattle hides$6 million · 20.6%
    7 thousand tonnes
  3. Refined copper$4 million · 13.6%
    2 thousand tonnes · China’s sources
  4. Copper scrap$3 million · 9.2%
    621 tonnes
  5. Aluminum scrap$1 million · 5%
    1 thousand tonnes
  6. Other oilseeds$1 million · 4.2%
    546 tonnes
  7. Unwrought lead$1 million · 3.9%
    774 tonnes
  8. Crude glycerin$1 million · 3.7%
    6 thousand tonnes
  9. Essential oils$958 thousand · 3.5%
    35 tonnes
  10. Aluminum sheet$557 thousand · 2%
    153 tonnes

How it travels

Estimated sea route from Shanghai to Asunción.

The estimated sea route between Shanghai and Asunción is 12,272 nautical miles (22,728 km) long: ≈ 28.5–36.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore; and Cape of Good Hope.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.7 billion · 65.8%
  2. Air$1.9 billion · 34.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Paraguay was China’s 86th largest trading partner (0.1% of its trade), and China was Paraguay’s 2nd (20%).

Paraguay in China’s trade
0.1%
Paraguay’s rank among China’s partners
86th
China in Paraguay’s trade
19.5%
China’s rank among Paraguay’s partners
2nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.