Top Paraguay Imports 2023 Q3: Market Insights

Paraguay Import Portfolio Overview in 2023 Q3

• Electrical machinery (HS 85) leads with $799M (18.6%), followed by mineral fuels (HS 27) at $549M (12.8%).
• Concentration risk is moderate: top two sectors account for 31.4% of imports, reflecting reliance on energy and industrial inputs.
• This structure aligns with Paraguay’s role as an agro-industrial exporter dependent on imported energy and capital goods for production and processing.

Table: Paraguay Top Import Product in 2023 Q3 (Source: yTrade)

Get Complete Paraguay Import HS Code Breakdown

Import Key Driver: Electrical Machinery and Equipment

• Dominated by telephones (HS 8517) at $518M, 64.9% of the sector.
• Product type is finished consumer goods, indicating strong domestic demand for communication devices.
• Driven by urbanization, digital adoption, and Paraguay’s position as a regional consumption market, not a manufacturing hub.

Table: HS Code 85 Detailed Breakdown

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Import Key Driver: Mineral Fuels and Oils

• Led by diesel fuel (HS 2710) at $511M, 93.0% of the sector.
• Acts as a complement to machinery imports, powering agriculture, transport, and industry.
• Strategic due to Paraguay’s lack of domestic refining capacity, making fuel imports critical for economic activity and export logistics.

Table: HS Code 27 Detailed Breakdown

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Import Key Driver: Nuclear Reactors and Machinery

• Top product is data processing machines (HS 8471) at $104M, 20.9% of the sector.
• Represents stable investment in industrial and office automation, supporting efficiency in agro-exports and services.
• Reflects gradual modernization of Paraguay’s productive infrastructure amid growing integration into regional value chains.

Table: HS Code 84 Detailed Breakdown

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Frequently Asked Questions

What is Paraguay's largest import commodity in 2023 Q3?

The largest import category is Electrical machinery and equipment (HS 85), valued at $798.93M. This sector is primarily driven by imports of Telephone sets (HS 8517), which alone account for $518.45M (64.89%) of the total.

Which specific Electrical machinery products does Paraguay import most in 2023 Q3?

Within the Electrical machinery sector, the top imports are Telephone sets (HS 8517, $518.45M), Insulated wires/cables (HS 8544, $50.20M), and Monitors/projectors (HS 8528, $34.84M), which together represent 72.53% of the category.

Does Paraguay import Mineral fuels in 2023 Q3?

Yes. Mineral fuels (HS 27) is the second-largest import sector, valued at $548.76M, with Petroleum oils (HS 2710) dominating at $510.54M (93.03%).

What are the main industries driving Paraguay's economy?

Paraguay's imports are heavily reliant on Electrical machinery (HS 85, $798.93M), followed by Mineral fuels (HS 27, $548.76M) and Machinery (HS 84, $499.05M). These top 3 sectors account for 43% of total imports.

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.