Top Paraguay Imports 2023 Q2: Telecom Dominance

Paraguay Import Portfolio Overview in 2023 Q2

• Electrical machinery (HS 85) leads with 20.5% share ($752.8M), followed by mineral fuels (HS 27) at 12.7% ($465.5M).
• High concentration risk: Top 3 sectors (HS 85, 27, 84) comprise 45.4% of total imports, exposing Paraguay to supply chain disruptions in energy and industrial inputs.
• Reflects an economy dependent on imported capital goods and energy to support its agro-industrial base and infrastructure development.

Table: Paraguay Top Import Product in 2023 Q2 (Source: yTrade)

Get Complete Paraguay Import HS Code Breakdown

Import Key Driver: Electrical Machinery

• Dominated by telephone sets (HS 8517, $449.5M), representing 59.7% of sector imports.
• Product Type: Finished consumer and capital goods, indicating demand for communication technology and electronic devices.
• Driven by urbanization, digitalization trends, and Paraguay’s role as a regional logistics and commercial hub, requiring robust telecom infrastructure.

Table: HS Code 85 Detailed Breakdown

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Import Key Driver: Mineral Fuels

• Overwhelmingly led by diesel fuel (HS 2710, $443.8M), accounting for 95.3% of the sector.
• Acts as a complement to electrical machinery imports, powering transportation, agriculture, and industry.
• Strategically critical for Paraguay’s landlocked economy, reliant on road freight and diesel generators for energy stability amid hydroelectric variability.

Table: HS Code 27 Detailed Breakdown

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Import Key Driver: Nuclear Reactors & Machinery

• Top product: Automatic data processing machines (HS 8471, $97.0M), representing 21.5% of sector imports.
• Represents stable, legacy demand for industrial and IT equipment essential for agro-processing, manufacturing, and public administration.
• Supports Paraguay’s gradual industrial diversification beyond raw agriculture, though remains secondary to energy and telecom imports.

Table: HS Code 84 Detailed Breakdown

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Frequently Asked Questions

What is Paraguay's largest import commodity in 2023 Q2?

The largest import category is Electrical machinery and equipment and parts thereof (HS 85), valued at $752.83M. This sector is primarily driven by imports of Telephone sets, including smartphones (HS 8517), which alone account for 59.70% of the sector's total value.

Which specific Electrical machinery products does Paraguay import most in 2023 Q2?

Within the Electrical machinery sector, the top imports are Telephone sets (HS 8517, $449.46M), Insulated wires and cables (HS 8544, $50.53M), and Electrical machines and apparatus (HS 8543, $36.72M), which together account for 71.29% of the sector's imports.

Does Paraguay import Mineral fuels in 2023 Q2?

Yes. Mineral fuels, mineral oils, and related products (HS 27) are the second-largest import sector, valued at $465.51M. This category is dominated by Petroleum oils and oils from bituminous minerals (HS 2710), which make up 95.33% of the sector's imports.

What are the main industries driving Paraguay's economy?

Paraguay's import economy is heavily reliant on three key sectors:

1. Electrical machinery (HS 85, $752.83M)
2. Mineral fuels (HS 27, $465.51M)
3. Machinery and mechanical appliances (HS 84, $450.90M)

Together, these three industries account for 45.38% of total imports, indicating a concentrated reliance on industrial and energy-related goods.

How to find Paraguay Electrical machinery buyers?

You can access a list of active overseas buyers and importers for Electrical machinery (HS 85) using the yTrade database, which provides detailed shipment records and company contacts for trade analysis.