Paraguay Top 10 Export Destination Countries in 2024 Q2
Paraguay Top Export Destinations and Market Reach in 2024 Q2
- Argentina dominates as Paraguay’s top export destination, absorbing 39.13% ($1.25B) of shipments—likely a key consumption market given its proximity.
- Top 3 partners (Argentina, Brazil, Chile) account for 77.13% of exports, indicating high reliance on a narrow buyer base. Paraguay export destinations lack diversification.
- Regional focus clear: 7 of the top 10 key trading partners are in Latin America, with only the US (2.81%) and Russia (1.89%) as major distant buyers.
Table: Paraguay Top Destination Countries in 2024 Q2 (Source: yTrade)
| Destination Countries | Value | Percent |
|---|---|---|
| Argentina | 1.25B | 39.13% |
| Brazil | 975.33M | 30.43% |
| Chile | 242.51M | 7.57% |
| United States | 90.17M | 2.81% |
| Uruguay | 72.79M | 2.27% |
| Russia | 60.53M | 1.89% |
| HongKong, China | 34.27M | 1.07% |
| Netherlands | 33.58M | 1.05% |
| Peru | 30.87M | 0.96% |
| Israel | 30.66M | 0.96% |
Get Complete Paraguay Export Destination Countries Profile
Paraguay - Key Destination Country Trading Product Pattern
- Argentina (39.13%): A primary market for Paraguayan agricultural exports, particularly soybeans and beef, driven by regional trade agreements and geographic proximity.
- Brazil (30.43%): Absorbs a significant volume of Paraguayan energy exports, especially electricity, alongside agricultural goods, facilitated by shared infrastructure and a large consumer market.
- Chile (7.57%): Imports Paraguayan meat and grains, with trade supported by Chile's strong demand for food imports and its role as a Pacific gateway for South American goods.
- United States (2.81%): Buys niche agricultural products and manufactured goods from Paraguay, often under specific trade preference programs that grant duty-free access.
- Uruguay (2.27%): A stable regional partner for Paraguayan exports, with trade flows consisting mainly of agricultural commodities and some manufactured products.
Frequently Asked Questions
Which countries are the top destinations for Paraguay's exports in 2024 Q2?
Argentina ($1.25B), Brazil ($975.33M), and Chile ($242.51M) are the top three destinations for Paraguay's exports in Q2 2024.
What is the dominant export market for Paraguay?
Argentina is Paraguay's dominant export market, accounting for 39.13% ($1.25B) of total exports in Q2 2024.
Paraguay Top 10 Export Destination Countries in 2024 Q1
Paraguay's top export destinations in Q1 2024 show heavy regional reliance, with Argentina absorbing 45.66% of shipments. Discover key trade patterns with yTrade's market analysis.
Paraguay Top 10 Export Destination Countries in 2024 Q4
In Q4 2024, Brazil remains Paraguay's top export destination with 39.45% share, as yTrade data shows 72.92% of exports flow to just 4 regional partners.
