Top Paraguay Imports 2025 Q1: Market Insights

Paraguay Import Portfolio Overview in 2025 Q1

• Electrical machinery and equipment (HS 85) dominates imports at 21.5% ($917M), followed by industrial machinery (HS 84) at 12.9% ($549M).
• High concentration risk: Top three sectors (electrical, machinery, fuels) account for 46% of total import value, creating vulnerability to supply chain disruptions.
• This structure reflects Paraguay’s role as an assembly and processing economy—dependent on imported capital goods and components to support manufacturing and agro-industrial output.

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

Get Complete Paraguay Import HS Code Breakdown

Import Key Driver: Electrical Machinery and Equipment

• Dominated by HS 8517: "Telephones, smartphones, and communication devices" (61.1%, $561M).
• Product type: Finished consumer goods and intermediate components for re-export or domestic distribution.
• Insight: Paraguay serves as a regional distribution and assembly hub for electronics, leveraging its Mercosur membership and low-tax commercial zones to channel devices into South American markets.

Table: HS Code 85 Detailed Breakdown

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Import Key Driver: Nuclear Reactors, Boilers, and Machinery

• Led by HS 8471: "Automatic data processing machines and units" (21.7%, $119M).
• Acts as a complement to electronics imports—supplying IT infrastructure and automation systems needed for modern industrial and service sectors.
• Strategic importance: These imports enable efficiency gains in agriculture, logistics, and public services, supporting Paraguay’s push toward digitalization.

Table: HS Code 84 Detailed Breakdown

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Import Key Driver: Mineral Fuels and Oils

• Driven by HS 2710: "Petroleum oils" (93.1%, $465M).
• Role: Stable legacy import. Paraguay lacks major fossil fuel reserves, making refined fuel a non-negotiable input for transport, agriculture, and energy generation.
• This reflects structural dependency rather than growth, with volume tied to seasonal agro-industrial demand and diesel-based power balancing.

Table: HS Code 27 Detailed Breakdown

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Frequently Asked Questions

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

The largest import category is Electrical machinery and equipment and parts thereof (HS 85), valued at $917.21M. This sector is primarily driven by imports of Telephone sets, including smartphones (HS 8517), which alone account for $560.79M (61.14%) of the total.

Which specific Electrical machinery products does Paraguay import most in 2025 Q1?

Within the Electrical machinery sector, the top imports are:

1. Telephone sets, including smartphones (HS 8517) at $560.79M.
2. Insulated wires and cables (HS 8544) at $48.19M.
3. Electrical machines and apparatus (HS 8543) at $46.25M.

Does Paraguay import Nuclear reactors and machinery in 2025 Q1?

Yes. Nuclear reactors, boilers, and machinery (HS 84) is the second-largest import sector, valued at $548.66M. The primary driver is Automatic data processing machines (HS 8471), accounting for $119.29M (21.74%).

What are the main industries driving Paraguay's economy?

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

1. Electrical machinery (HS 85) at $917.21M (21.50%).
2. Nuclear reactors and machinery (HS 84) at $548.66M (12.86%).
3. Mineral fuels and oils (HS 27) at $499.44M (11.71%).

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.