Paraguay Top 10 Import Origin Countries in 2023

Paraguay's top import origin in 2023 was China, accounting for 33.64% of total imports, highlighting heavy reliance on Asian and Latin American suppliers. Explore more trade insights with yTrade.

Paraguay Top Import Origins and Sourcing Dependency in 2023 Whole Year

  • Dominant Supplier: Mainland China is Paraguay's top import source (33.64%, $5.42B), acting as the primary manufacturing hub.
  • Concentration Risk: Top 3 suppliers (China, Brazil, U.S.) account for 65.97% of imports, indicating heavy reliance on these markets.
  • Diversification: Paraguay's major suppliers include Argentina (7.22%) and Germany (2.12%), but the import profile remains Asia/Latin America-centric.
  • Strategic Note: High dependence on China and Brazil exposes Paraguay to regional supply chain volatility.

Table: Paraguay Top Origin Countries in 2023 (Source: yTrade)

Origin CountriesValuePercent
Mainland China5.42B33.64%
Brazil3.93B24.41%
United States1.27B7.92%
Argentina1.16B7.22%
Germany342.19M2.12%
India299.39M1.86%
Japan268.04M1.66%
Singapore217.11M1.35%
United Arab Emirates187.31M1.16%
Switzerland186.56M1.16%

Get Complete Paraguay Import Origin Countries Profile

Paraguay - Key Origin Country Trading Product Pattern

  • Mainland China (33.64%): Supplies a massive volume of manufactured goods, from electronics and machinery to industrial components and consumer products, reflecting its role as the world's primary industrial exporter.
  • Brazil (24.41%): Provides key agricultural inputs, vehicle parts, machinery, and processed foods, leveraging its strong agribusiness sector and deep economic integration with Paraguay.
  • United States (7.92%): Exports high-value machinery, technology, pharmaceuticals, and aircraft parts, capitalizing on its advanced manufacturing and technological leadership.
  • Argentina (7.22%): Sends vehicles, food products, energy, and chemicals, benefiting from proximity and established trade routes within the South American common market.
  • Germany (2.12%): Supplies precision machinery, automotive components, and chemical products, drawing on its reputation for high-quality engineering and industrial exports.
  • India (1.86%): Provides pharmaceuticals, textiles, and chemical products, reflecting its growing strength in generic drug manufacturing and chemical production.

Frequently Asked Questions

Which countries supply most of Paraguay's imports in 2023 Whole Year?

The top 3 import sources for Paraguay in 2023 were Mainland China ($5.42B), Brazil ($3.93B), and the United States ($1.27B).

Does Paraguay rely heavily on a single import supplier?

Mainland China is Paraguay's primary import supplier, accounting for 33.64% of total imports in 2023.

Detailed Quarterly Report

Paraguay Top Origin Countries in 2023 Q3Paraguay Top Origin Countries in 2023 Q4

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