Paraguay - Germany Trade 2025 Q2: Deficit Widens
Key Market Takeaways: Paraguay - Germany Trade
The bilateral trade relationship between Paraguay and Germany shows mixed growth and volatility in Q2 2025, with Paraguay running a significant trade deficit.
- Economic Pulse: Paraguay posted a $111.53M trade deficit with Germany ($9.69M exports vs. $121.22M imports), driven by surging German machinery imports (+40.27% YoY in May).
- Exchange Structure: Paraguay - Germany trade statistics reveal a resource-for-tech model: Paraguay supplies agricultural commodities (oil seeds, meat) while importing high-value machinery (27.34% of total imports).
- Strategic Interdependence: Highly complementary but imbalanced—Germany dominates value chains with advanced goods, while Paraguay remains a primary commodity exporter.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Paraguay-Germany Trade Trend in Q2 2025
Paraguay Export Performance: Shipments to Germany
- Total Volume: $9.69M in Q2 2025.
- Growth Trend & Context:
- YoY growth was mixed: April (-2.23%), May (-29.94%), June (+24.75%).
- No significant trade news to explain volatility.
- Key Volatility: May saw an 18.78% MoM drop, the sharpest decline in the quarter.
Paraguay Import Performance: Sourcing from Germany
- Total Volume: $121.22M in Q2 2025.
- Growth Trend & Context:
- Strong YoY growth: April (-0.07%), May (+40.27%), June (+62.83%).
- No policy or supply shocks reported to contextualize the surge.
- Key Volatility: May posted a 32.61% MoM jump, the highest monthly gain.
Paraguay - Germany Trade Balance & Market Dynamics
- Net Position: Trade deficit of $111.53M (Exports $9.69M vs. Imports $121.22M).
- Relationship Status: Paraguay remains heavily import-dependent on Germany, with Q2 imports exceeding exports by 12.5x.
Paraguay Import Trend from Germany 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 30.86M | -4.86% | -0.07% |
| May | 40.93M | 32.61% | 40.27% |
| Jun | 49.43M | 20.78% | 62.83% |
| Total | 121.22M | - | - |
Paraguay Export Trend to Germany 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 3.63M | 26.15% | -2.23% |
| May | 2.95M | -18.78% | -29.94% |
| Jun | 3.12M | 5.74% | 24.75% |
| Total | 9.69M | - | - |
Get Historical Paraguay Germany Trade Records
Paraguay-Germany Top Trading Products in Q2 2025
Paraguay Export Profile: What Does Paraguay Sell to Germany
- Top Commodity: Rank #1 export is HS Code 12 (Oil seeds and oleaginous fruits) at 24.92% of total exports to Germany.
- Demand Driver: Germany uses these for industrial processing, likely in food production or biofuel manufacturing.
- Concentration: The top 3 exports (HS Codes 12, 02, 44) account for 64.07% of total exports, indicating moderate concentration.
Paraguay Import Profile: What Does Paraguay Buy from Germany
- Top Commodity: Rank #1 import is HS Code 84 (Nuclear reactors, boilers, machinery) at 27.34% of total imports from Germany.
- Dependency Nature: Critical technology dependency, as machinery and equipment dominate imports, essential for Paraguay's industrial and infrastructure development.
Paraguay - Germany Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Paraguay exports agricultural raw materials (oil seeds, meat, wood) while importing high-value machinery and pharmaceuticals from Germany.
- Value Chain Position: Germany holds the higher value-add position, supplying advanced manufactured goods, while Paraguay provides primary commodities.
Import Analysis by Product: Germany to Paraguay (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 84 | 33.14M | 27.34% |
| 30 | 19.51M | 16.09% |
| 87 | 14.46M | 11.93% |
| 85 | 12.13M | 10.01% |
| 90 | 7.62M | 6.29% |
| 27 | 6.20M | 5.12% |
| 31 | 5.51M | 4.55% |
| 38 | 4.76M | 3.93% |
| 39 | 3.55M | 2.93% |
| 40 | 1.27M | 1.05% |
Export Analysis by Product: Paraguay to Germany (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 12 | 2.42M | 24.92% |
| 02 | 2.28M | 23.50% |
| 44 | 1.52M | 15.65% |
| 42 | 867.72K | 8.95% |
| 17 | 592.75K | 6.12% |
| 05 | 527.14K | 5.44% |
| 33 | 514.54K | 5.31% |
| 24 | 375.42K | 3.87% |
| 76 | 131.68K | 1.36% |
| 71 | 126.48K | 1.30% |
Check Detailed Paraguay-Germany Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
The Paraguay-Germany trade relationship is poised for continued growth in the near term, driven by Germany’s strong demand for Paraguayan agricultural commodities and Paraguay’s reliance on German high-tech machinery. The Q2 2025 surge in imports from Germany (+40.27% YoY in May, +62.83% in June) signals robust industrial demand, while Paraguay’s export volatility (-29.94% YoY in May, +24.75% in June) suggests untapped potential in stabilizing shipments. Given the structural complementarity—Paraguay supplying raw materials and Germany exporting advanced manufactured goods—trade volumes are likely to expand, but Paraguay must address its widening trade deficit ($111.53M in Q2) to ensure sustainable balance.
Strategic Moves
- Lock in Long-Term Supply Contracts: Paraguayan exporters of oil seeds (HS Code 12) and meat (HS Code 02) should secure multi-year agreements with German buyers to mitigate price volatility and ensure stable revenue streams.
- Diversify Import Sources for Critical Machinery: To reduce over-reliance on German machinery (HS Code 84), Paraguayan importers should explore competitive alternatives from other EU or Asian markets, leveraging trade agreements to lower costs.
- Invest in Export Capacity for Higher-Value Agri-Products: Paraguay must upgrade processing infrastructure to move beyond raw commodity exports, enabling shipments of semi-processed or value-added agricultural goods (e.g., refined oils, packaged meats) to Germany at higher margins.
Frequently Asked Questions
How did Paraguay - Germany trade perform in 2025 Q2?
Paraguay's exports to Germany totaled $9.69M with mixed YoY growth, while imports from Germany surged to $121.22M, resulting in a trade deficit of $111.53M.
What are the top exports from Paraguay to Germany?
The top exports are HS Code 12 (Oil seeds and oleaginous fruits), HS Code 02 (Meat), and HS Code 44 (Wood), accounting for 64.07% of total exports.
What does Paraguay import from Germany?
The top import is HS Code 84 (Nuclear reactors, boilers, machinery), making up 27.34% of total imports, reflecting Paraguay's reliance on German technology.
What is the trade balance between Paraguay and Germany?
Paraguay recorded a trade deficit of $111.53M with Germany in Q2 2025, with imports exceeding exports by 12.5x.
Paraguay - Germany Trade 2025 Q1: Deficit Widens
Paraguay Germany trade trend shows an $80M deficit in Q1 2025, with raw materials dominating exports while German machinery leads imports. Explore Paraguay Germany top trading product data via yTrade.
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