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Trade between Paraguay and the United States

In 2024, Paraguay exported $443 million to the United States and imported $1.2 billion. Paraguay ran a deficit of $735 million with the United States, compared with a deficit of $913 million in 2019. The United States was Paraguay’s 4th largest trading partner (6% of its trade), and Paraguay was the United States’ 94th (0%).

Summary

Paraguay → United States
$443million
United States → Paraguay
$1.2billion
Paraguay’s balance
-$735million

Balance

Paraguay’s trade balance with the United States

Trade between Paraguay and the United States grew 3-fold since 1995

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

  • Exports 0.4
  • Imports 1.2
  • Balance -0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$70 million$478 million-$408 million
1996$58 million$429 million-$371 million
1997$80 million$632 million-$553 million
1998$99 million$474 million-$375 million
1999$77 million$369 million-$292 million
2000$50 million$177 million-$128 million
2001$44 million$159 million-$114 million
2002$51 million$98 million-$48 million
2003$60 million$91 million-$31 million
2004$76 million$121 million-$45 million
2005$78 million$216 million-$138 million
2006$95 million$420 million-$325 million
2007$81 million$355 million-$274 million
2008$123 million$463 million-$340 million
2009$75 million$361 million-$286 million
2010$95 million$560 million-$465 million
2011$171 million$759 million-$589 million
2012$295 million$1.1 billion-$804 million
2013$331 million$969 million-$638 million
2014$229 million$1.2 billion-$958 million
2015$176 million$960 million-$784 million
2016$225 million$821 million-$596 million
2017$136 million$1 billion-$889 million
2018$135 million$1.1 billion-$983 million
2019$193 million$1.1 billion-$913 million
2020$186 million$692 million-$507 million
2021$231 million$972 million-$741 million
2022$275 million$1.5 billion-$1.2 billion
2023$299 million$1.3 billion-$974 million
2024$443 million$1.2 billion-$735 million

What they sell each other

What Paraguay sells to the United States

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

  1. Frozen beef$134 million · 30.2%
    28 thousand tonnes
  2. Gold$76 million · 17.3%
    1 tonne · the United States’ sources
  3. Other oilseeds$61 million · 13.8%
    25 thousand tonnes
  4. Cane and beet sugar$23 million · 5.3%
    31 thousand tonnes · the United States’ sources
  5. Other leather articles$20 million · 4.4%
    1 thousand tonnes
  6. Pet and animal feed$17 million · 3.9%
    1 thousand tonnes
  7. Wood charcoal$12 million · 2.7%
    20 thousand tonnes
  8. Women's suits and dresses$10 million · 2.3%
    358 tonnes
  9. Cables and wire$10 million · 2.3%
    400 tonnes · the United States’ sources
  10. Plywood$8 million · 1.9%
    8 thousand tonnes

What the United States sells to Paraguay

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

  1. Refined petroleum$511 million · 43.4%
    535 thousand tonnes · the United States’ destinations
  2. Mixed fertilizers$54 million · 4.6%
    97 thousand tonnes
  3. Cars$41 million · 3.5%
    2 thousand tonnes · the United States’ destinations
  4. Vaccines, blood and antisera$32 million · 2.7%
    37 tonnes · the United States’ destinations
  5. 215 tonnes
  6. 4 thousand tonnes
  7. Airplanes and helicopters$29 million · 2.5%
    41 tonnes · the United States’ destinations
  8. Perfumes$28 million · 2.4%
    1 thousand tonnes · the United States’ destinations
  9. Other plastic articles$20 million · 1.7%
    525 tonnes
  10. Polyethylene$19 million · 1.6%
    16 thousand tonnes · the United States’ destinations

How it travels

Estimated sea route from Asunción to Los Angeles.

The estimated sea route between Asunción and Los Angeles is 8,497 nautical miles (15,737 km) long: ≈ 19.5–25.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape Horn.

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$1.3 billion · 81.6%
  2. Air$299 million · 18.4%

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

How much each matters to the other

The United States was Paraguay’s 4th largest trading partner (6% of its trade), and Paraguay was the United States’ 94th (0%).

The United States in Paraguay’s trade
5.6%
The United States’ rank among Paraguay’s partners
4th
Paraguay in the United States’ trade
0%
Paraguay’s rank among the United States’ partners
94th

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.