Top Paraguay Exports 2025 Q1: Commodity Dominance

Paraguay Export Portfolio Overview in 2025 Q1

• Dominated by agricultural commodities: oil seeds (HS12, 32.2%) and meat (HS02, 19.9%) account for over half of total exports.
• High concentration risk: top two sectors represent 52.1% of export value, leaving the economy exposed to price volatility in soft commodities and animal health crises.
• This structure reinforces Paraguay’s role as a niche agro-export economy, reliant on fertile land and low-cost ranching rather than industrial diversification.

Table: Paraguay Top Export Product in 2025 Q1 (Source: yTrade)

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Key Driver: Oil seeds and oleaginous fruits

• Driven overwhelmingly by HS1201 (soybeans), representing 94.7% of the sector’s value.
• A pure raw material export, shipped primarily for processing into animal feed and vegetable oil abroad.
• Reflects Paraguay’s competitive advantage in scalable, rain-fed soybean cultivation, leveraging vast arable land and cost-efficient farming—not high technology or processing capacity.

Table: HS Code 12 Detailed Breakdown

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Key Driver: Meat and edible meat offal

• Led by HS0202 (frozen beef), making up 59% of sector exports.
• Acts as a natural complement to soy: cattle are often fattened using domestic soy-based feed, creating an integrated agro-export loop.
• Strategically vital: diversifies revenue within the primary sector but remains vulnerable to the same demand and climate shocks as crops.

Table: HS Code 02 Detailed Breakdown

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Key Driver: Mineral fuels, mineral oils

• Entirely driven by HS2716 (electrical energy), accounting for 100% of the sector.
• Represents a stable, legacy export: surplus electricity from Itaipú and Yacyretá hydro dams sold to neighbors, mainly Brazil and Argentina.
• Provides a non-agricultural revenue stream, though limited by fixed capacity and regional demand contracts.

Table: HS Code 27 Detailed Breakdown

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Frequently Asked Questions

What is Paraguay's largest export commodity in 2025 Q1?

The largest export category is Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder (HS 12), valued at $858.69M. This sector is primarily driven by exports of Soya beans (HS 1201), which alone account for 94.74% of the sector's value.

Which specific Oil seeds and oleaginous fruits products does Paraguay export most in 2025 Q1?

Within the Oil seeds and oleaginous fruits sector, the top exports are Soya beans (HS 1201) at $813.52M and Sunflower seeds (HS 1207) at $42.00M, which together account for 99.63% of the sector's total exports.

Does Paraguay export Meat and edible meat offal in 2025 Q1?

Yes. Meat and edible meat offal (HS 02) is Paraguay’s second-largest export sector, valued at $530.35M. The primary driver is Bovine meat, frozen (HS 0202), contributing 59.04% of the sector’s total value.

What are the main industries driving Paraguay's economy?

Paraguay’s economy is heavily reliant on agriculture, with the top three export sectors being:

1. Oil seeds and oleaginous fruits (HS 12) - $858.69M
2. Meat and edible meat offal (HS 02) - $530.35M
3. Mineral fuels (HS 27) - $250.34M

How to find Paraguay Oil seeds and oleaginous fruits suppliers?

You can access a list of active suppliers and exporters for Oil seeds and oleaginous fruits (HS 12) using the yTrade database, which provides detailed shipment records and company contacts.