Top Paraguay Exports 2024 Q4: Commodity Dominance

Paraguay Export Portfolio Overview in 2024 Q4

• Dominated by agricultural and resource-based sectors: Meat (HS 02, 24.4%) and Oil Seeds (HS 12, 14.6%) lead.
• High concentration risk: Top 3 sectors (Meat, Oil Seeds, Cereals) account for over 50% of total export value.
• Reflects Paraguay’s role as a primary commodity exporter, heavily reliant on agro-industrial output and global demand cycles.

Table: Paraguay Top Export Product in 2024 Q4 (Source: yTrade)

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Key Driver: Meat and edible meat offal

• Driven by frozen bovine meat (HS 0202, 56.2% of sector value).
• Product type: Finished good, primarily chilled/frozen cuts for direct consumption or processing.
• Paraguay’s advantage stems from extensive cattle ranching, low-cost pastureland, and efficient export-oriented slaughterhouse infrastructure.

Table: HS Code 02 Detailed Breakdown

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Key Driver: Oil seeds and oleaginous fruits

• Dominated by soybeans (HS 1201, 77.7% of sector value).
• Acts as a complement to meat exports, sharing supply chain logistics and agricultural base.
• Strategic as a bulk commodity for crushing and oil production, integral to global food and feed industries.

Table: HS Code 12 Detailed Breakdown

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Key Driver: Cereals

• Led by corn (HS 1005, 54.8% of sector value).
• Stable legacy sector with emerging growth potential via yield improvements and export diversification.
• Supports domestic and regional food security while providing buffer against commodity price volatility.

Table: HS Code 10 Detailed Breakdown

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Frequently Asked Questions

What is Paraguay's largest export commodity in 2024 Q4?

The largest export category is Meat and edible meat offal (HS 02), valued at $525.18M. This sector is primarily driven by exports of Bovine meat, fresh or chilled (HS 0202), which accounts for 56.22% of the total value.

Which specific Meat and edible meat offal products does Paraguay export most in 2024 Q4?

Within the Meat and edible meat offal sector, the top exports are Bovine meat, fresh or chilled (HS 0202) at $295.24M and Bovine meat, frozen (HS 0201) at $199.89M, which together account for 94.28% of the sector's total exports.

Does Paraguay export Oil seeds and oleaginous fruits in 2024 Q4?

Yes. Oil seeds and oleaginous fruits (HS 12) is Paraguay’s second-largest export sector, valued at $313.66M. The primary driver is Soya beans (HS 1201), which makes up 77.71% of the sector’s total value.

What are the main industries driving Paraguay's economy?

Paraguay’s economy is heavily reliant on its top 3 industries:

1. Meat and edible meat offal (HS 02): $525.18M (24.41%)
2. Oil seeds and oleaginous fruits (HS 12): $313.66M (14.58%)
3. Cereals (HS 10): $257.89M (11.99%)

How to find Paraguay Meat and edible meat offal suppliers?

You can access a list of active suppliers and exporters for Meat and edible meat offal (HS 02) using the yTrade database, which provides detailed shipment records and company contacts.