Paraguay - Netherlands Trade 2023 Q1: Export Surge & Tech Exchange

Key Market Takeaways: Paraguay - Netherlands Trade

The bilateral trade relationship between Paraguay and Netherlands solidified Paraguay’s net exporter role with explosive growth in Q1 2023.

• €44.81M exports vs. €25.87M imports yielded an €18.94M surplus, driven by Paraguay’s rebound from prior-year disruptions.
• Paraguay - Netherlands trade statistics reveal a resource-for-tech exchange: agricultural byproducts (77.5% HS 23) for Dutch beverages, machinery, and pharmaceuticals.
• Complementary but asymmetric: Netherlands captures higher value-add, while Paraguay leverages raw material exports.

This bilateral trade snapshot is based on verified customs data from the yTrade database.

Paraguay-Netherlands Trade Trend in Q1 2023

Paraguay Export Performance: Shipments to Netherlands

• Total Volume: €44.81M in Q1 2023.
• Growth Trend & Context:
  • Explosive YoY growth in March (+824.17%) and February (+146.55%), reversing January’s -32.02% decline.
  • No specific trade news to explain the surge, but the rebound suggests recovery from prior-year disruptions.
• Key Volatility: February and March saw massive MoM jumps (+290.54% and +277.69%, respectively), indicating volatile demand or supply chain adjustments.

Paraguay Import Performance: Sourcing from Netherlands

• Total Volume: €25.87M in Q1 2023.
• Growth Trend & Context:
  • Mixed YoY performance: March imports grew +6.1%, but January and February fell sharply (-68.18% and -71.49%).
  • No news to contextualize the swings, though the Q1 rebound in March hints at easing supply constraints.
• Key Volatility: March imports spiked +59.42% MoM, while January dropped -36.53% MoM, reflecting erratic procurement patterns.

Paraguay - Netherlands Trade Balance & Market Dynamics

• Net Position: Trade surplus of €18.94M (Exports €44.81M > Imports €25.87M).
• Relationship Status: Paraguay solidified its net exporter role, with exports to the Netherlands dwarfing imports. The Q1 surge in exports suggests strengthening trade leverage.

Paraguay Import Trend from Netherlands 2023 Q1 (Source: yTrade)**

Paraguay Export Trend to Netherlands 2023 Q1 (Source: yTrade)**

Get Historical Paraguay Netherlands Trade Records

Paraguay-Netherlands Top Trading Products in Q1 2023

Paraguay Export Profile: What Does Paraguay Sell to Netherlands

• Top Commodity: HS Code 23 (Food residues and wastes) dominates with 77.54% share.
• Demand Driver: Netherlands likely uses these for industrial processing, such as animal feed or biofuel production.
• Concentration: Extreme concentration—HS Code 23 alone accounts for over three-quarters of exports.

Paraguay Import Profile: What Does Paraguay Buy from Netherlands

• Top Commodity: HS Code 22 (Beverages, spirits, and vinegar) leads at 29.46% share.
• Dependency Nature: Likely reflects consumer demand for premium Dutch beverages (e.g., spirits, beer) or industrial vinegar.

Paraguay - Netherlands Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity. Paraguay exports low-value agricultural byproducts (HS 23) while importing higher-value processed goods (HS 22, 27, 87).
• Value Chain Position: Netherlands holds the higher value-add position, supplying machinery (HS 84), pharmaceuticals (HS 30), and vehicles (HS 87) against Paraguay’s raw material exports.

Import Analysis by Product: Netherlands to Paraguay (Source: yTrade)

Export Analysis by Product: Paraguay to Netherlands (Source: yTrade)

Check Detailed Paraguay-Netherlands Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast

Paraguay’s trade surplus with the Netherlands is expected to widen in Q2 2023, driven by sustained demand for agricultural byproducts (HS 23) and potential supply chain stabilization. The explosive YoY growth in exports suggests a resilient market for Paraguayan commodities, while the rebound in Dutch beverage imports (HS 22) signals recovering consumer demand. However, traders should prepare for continued volatility, given the erratic procurement patterns observed in Q1. The Netherlands’ higher value-add exports (e.g., machinery, pharmaceuticals) will likely maintain their dominance, reinforcing the complementary trade dynamic.

Strategic Moves

• Lock in Long-Term Supply Contracts: Paraguayan exporters of HS 23 commodities should secure fixed-term agreements with Dutch buyers to mitigate price fluctuations and ensure stable revenue streams.
• Diversify Export Basket: Paraguay must reduce reliance on HS 23 by exploring secondary export opportunities, such as organic foods or renewable energy inputs, to balance trade concentration risks.
• Optimize Logistics for High-Value Imports: Importers of Dutch machinery (HS 84) and pharmaceuticals (HS 30) should streamline customs clearance and warehousing to minimize delays and capitalize on rebounding demand.

Frequently Asked Questions

How did Paraguay - Netherlands trade perform in 2023 Q1?

Paraguay's exports to the Netherlands surged in Q1 2023, reaching €44.81M, with explosive YoY growth in February (+146.55%) and March (+824.17%). Imports from the Netherlands totaled €25.87M, showing mixed YoY performance.

What are the top exports from Paraguay to Netherlands?

HS Code 23 (Food residues and wastes) dominates Paraguay's exports to the Netherlands, accounting for 77.54% of total shipments, likely used for industrial processing like animal feed or biofuel production.

What does Paraguay import from Netherlands?

The top import from the Netherlands is HS Code 22 (Beverages, spirits, and vinegar), representing 29.46% of Paraguay's imports, reflecting demand for premium Dutch beverages or industrial vinegar.

What is the trade balance between Paraguay and Netherlands?

Paraguay recorded a trade surplus of €18.94M in Q1 2023, with exports (€44.81M) significantly exceeding imports (€25.87M), solidifying its net exporter role.