Paraguay Top 10 Import Origin Countries in 2023 Q4
Paraguay Top Import Origins and Sourcing Dependency in 2023 Q4
- Dominant Supplier: Mainland China leads as Paraguay's top import source, accounting for 34.32% ($1.49B) of total imports, acting as the primary manufacturing hub.
- Concentration Risk: Top 3 suppliers (China, Brazil, Argentina) make up 66.27% of imports, indicating heavy reliance on these markets, particularly Asia and South America.
- Major Suppliers: Paraguay's import sources include Brazil (25.18%, $1.09B) and Argentina (6.77%, $294M), with the U.S. (6.61%, $287M) as a secondary key partner.
- Strategic Note: High dependency on China and Brazil introduces potential supply chain vulnerabilities if trade disruptions occur in these regions.
Table: Paraguay Top Origin Countries in 2023 Q4 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| Mainland China | 1.49B | 34.32% |
| Brazil | 1.09B | 25.18% |
| Argentina | 294.09M | 6.77% |
| United States | 287.40M | 6.61% |
| Germany | 82.86M | 1.91% |
| Japan | 72.40M | 1.67% |
| India | 68.04M | 1.57% |
| Singapore | 67.20M | 1.55% |
| Switzerland | 58.23M | 1.34% |
| South Korea | 52.72M | 1.21% |
Get Complete Paraguay Import Origin Countries Profile
Paraguay - Key Origin Country Trading Product Pattern
- Mainland China (34.32%): Supplies a massive volume of manufactured goods, from electronics and machinery to textiles and industrial components, leveraging its position as the world's primary export hub.
- Brazil (25.18%): Provides essential commodities, processed foods, and manufactured products, benefiting from deep regional integration and established trade routes within South America.
- Argentina (6.77%): Exports agricultural products, automotive parts, and energy, capitalizing on shared borders and complementary economic structures with Paraguay.
- United States (6.61%): Sells high-value machinery, technology, pharmaceuticals, and aircraft parts, reflecting its role as a top supplier of advanced capital goods.
- Germany (1.91%): Supplies precision machinery, high-end automotive components, and chemical products, built on a reputation for engineering excellence and quality.
- Japan (1.67%): Exports vehicles, electronic components, and specialized machinery, maintaining a strong presence in key technology and automotive supply chains.
Frequently Asked Questions
Which countries supply most of Paraguay's imports in 2023 Q4?
Mainland China ($1.49B), Brazil ($1.09B), and Argentina ($294.09M) are Paraguay's top import suppliers in Q4 2023.
Does Paraguay rely heavily on a single import supplier?
Mainland China is Paraguay's primary import source, accounting for 34.32% of total imports in Q4 2023.
Paraguay Top 10 Import Origin Countries in 2023 Q3
Paraguay's top import origin in Q3 2023 was China (32.84%), with heavy reliance on just 3 suppliers. yTrade data reveals critical supply chain risks in this concentrated sourcing strategy.
Paraguay Top 10 Import Origin Countries in 2024 Q3
In Q3 2024, Paraguay's top import origin remains China (31.35%), with over 60% reliance on just 3 partners—highlighting supply chain risks. Track trade shifts with yTrade.
