Paraguay Top 10 Import Origin Countries in 2023 Q3
Paraguay Top Import Origins and Sourcing Dependency in 2023 Q3
- Dominant Supplier: Mainland China is Paraguay's top import source (32.84%, $1.41B), serving as the primary manufacturing hub.
- Concentration Risk: Top 3 partners (China, Brazil, U.S.) account for 66.18% of imports, indicating heavy reliance on a narrow supplier base.
- Paraguay's major suppliers include Argentina (8.19%) and Germany (2.12%), but regional diversification remains limited.
- Strategic Note: High dependence on China and Brazil exposes Paraguay to supply chain volatility in key markets.
Table: Paraguay Top Origin Countries in 2023 Q3 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| Mainland China | 1.41B | 32.84% |
| Brazil | 1.06B | 24.76% |
| United States | 368.38M | 8.58% |
| Argentina | 351.79M | 8.19% |
| Germany | 91.04M | 2.12% |
| India | 78.12M | 1.82% |
| Singapore | 71.67M | 1.67% |
| Japan | 61.36M | 1.43% |
| Switzerland | 44.81M | 1.04% |
| France | 43.76M | 1.02% |
Get Complete Paraguay Import Origin Countries Profile
Paraguay - Key Origin Country Trading Product Pattern
- Mainland China (32.84%): Dominates as Paraguay's primary source for manufactured goods, including electronics, machinery, and a wide range of consumer products, reflecting its global industrial output.
- Brazil (24.76%): Serves as a major supplier of agricultural machinery, vehicles, and processed foods, leveraging its strong regional manufacturing and agribusiness sectors.
- United States (8.58%): Exports high-value machinery, technology, and agricultural products like grains and seeds, capitalizing on its advanced industrial and farming capabilities.
- Argentina (8.19%): Provides essential inputs such as refined oil, plastics, and chemicals, supported by its established energy and petrochemical industries.
- Germany (2.12%): Supplies precision machinery, automotive parts, and pharmaceutical products, drawing on its reputation for high-quality engineering and manufacturing.
- India (1.82%): Exports pharmaceuticals, textiles, and automotive components, utilizing its cost-effective production and growing industrial base.
Frequently Asked Questions
Which countries supply most of Paraguay's imports in 2023 Q3?
Mainland China ($1.41B), Brazil ($1.06B), and the United States ($368.38M) are Paraguay's top import suppliers in Q3 2023.
Does Paraguay rely heavily on a single import supplier?
Mainland China is Paraguay's primary import source, accounting for 32.84% of total imports in Q3 2023.
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 10 Import Origin Countries in 2023 Q4
In Q4 2023, Paraguay's top import origin was China (34.32%), with heavy reliance on Brazil & Argentina. Discover trade risks & sourcing trends with yTrade insights.
