Paraguay - Netherlands Trade 2023 Q3: Growth & Volatility

Key Market Takeaways: Paraguay - Netherlands Trade

The bilateral trade relationship between Paraguay and Netherlands is marked by growth, volatility, and a strong trade surplus in Q3 2023.

• Economic Pulse: Paraguay posted a €31.95M trade surplus (€59.98M exports vs. €28.03M imports), but extreme monthly swings—like August’s -81.77% export drop—highlight instability.
• Exchange Structure: Paraguay - Netherlands trade statistics reveal a resource-for-tech imbalance: agricultural residues (44.95% of exports) flow to the Netherlands, while refined fuels (43.92% of imports) dominate inbound shipments.
• Strategic Interdependence: The relationship is highly complementary but unequal, with the Netherlands capturing higher value-add in energy trade while Paraguay supplies low-margin byproducts.

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

Paraguay-Netherlands Trade Trend in Q3 2023

Paraguay Export Performance: Shipments to Netherlands

• Total Volume: €59.98M in Q3 2023.
• Growth Trend & Context:
  • Volatility dominates: July exports surged 819.45% YoY, but August collapsed (-81.77% MoM). September rebounded sharply (+312.38% MoM, +181.91% YoY).
  • No news context to explain extreme swings.
• Key Volatility: August’s -81.77% MoM drop starkly contrasts with September’s 312.38% recovery.

Paraguay Import Performance: Sourcing from Netherlands

• Total Volume: €28.03M in Q3 2023.
• Growth Trend & Context:
  • Mixed YoY trends: July imports spiked 67.64% YoY, but August fell 18.37% YoY. September stabilized (+6.56% YoY).
• Key Volatility: July’s -26.42% MoM decline was the sharpest quarterly drop.

Paraguay - Netherlands Trade Balance & Market Dynamics

• Net Position: Trade Surplus of €31.95M (Exports €59.98M > Imports €28.03M).
• Relationship Status: Paraguay maintains a strong net exporter position, though trade flows are highly erratic month-to-month.

Paraguay Import Trend from Netherlands 2023 Q3 (Source: yTrade)**

Paraguay Export Trend to Netherlands 2023 Q3 (Source: yTrade)**

Get Historical Paraguay Netherlands Trade Records

Paraguay-Netherlands Top Trading Products in Q3 2023

Paraguay Export Profile: What Does Paraguay Sell to Netherlands

• Top Commodity: Rank #1 export is HS Code 23 (Residues and waste from the food industries) with a 44.95% share.
• Demand Driver: Netherlands likely uses these for industrial processing, possibly in animal feed or biofuel production.
• Concentration: Trade is highly concentrated, with the top two categories (HS 23 and 22) accounting for 73.29% of exports.

Paraguay Import Profile: What Does Paraguay Buy from Netherlands

• Top Commodity: Rank #1 import is HS Code 27 (Mineral fuels, oils, and distillation products) with a 43.92% share.
• Dependency Nature: Reflects energy security dependency, as Paraguay relies on Netherlands for refined petroleum or related products.

Paraguay - Netherlands Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity—Paraguay exports low-value agricultural byproducts (HS 23, 22) and imports high-value energy products (HS 27).
• Value Chain Position: Netherlands holds the higher value-add position, supplying processed energy goods, while Paraguay provides raw or semi-processed agricultural residues.

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

The Paraguay-Netherlands trade relationship is poised for continued volatility in Q4 2023, driven by erratic demand for agricultural residues (HS 23) and energy imports (HS 27). While Paraguay’s trade surplus remains strong, the extreme month-to-month swings suggest underlying supply chain fragility or unconfirmed external shocks. Traders should anticipate bipolar momentum—sharp rebounds followed by sudden drops—until structural stability is achieved. Long-term, the resource-for-tech complementarity will endure, but short-term turbulence demands proactive risk management.

Strategic Moves

• Lock in Forward Contracts: With agricultural exports (HS 23) prone to wild fluctuations, Paraguayan exporters must secure fixed-price agreements to mitigate revenue shocks.
• Diversify Energy Suppliers: Reduce dependency on Dutch mineral fuels (HS 27) by exploring alternative markets like the U.S. or Middle East to buffer against price volatility.
• Invest in Export Upgrading: Shift from raw agricultural waste (HS 23) to semi-processed goods (e.g., pelletized feed) to capture higher margins and reduce exposure to Dutch demand swings.

Frequently Asked Questions

How did Paraguay - Netherlands trade perform in 2023 Q3?

Paraguay exported €59.98M to the Netherlands and imported €28.03M, with volatile monthly growth—sharp drops and rebounds in exports, while imports showed mixed YoY trends.

What are the top exports from Paraguay to Netherlands?

The top exports are HS Code 23 (Residues and waste from the food industries) and HS Code 22 (Beverages, spirits, and vinegar), accounting for 73.29% of total exports.

What does Paraguay import from Netherlands?

The top import is HS Code 27 (Mineral fuels, oils, and distillation products), making up 43.92% of imports, reflecting energy security dependency.

What is the trade balance between Paraguay and Netherlands?

Paraguay recorded a trade surplus of €31.95M in Q3 2023, maintaining its strong net exporter position despite erratic monthly trade flows.