Paraguay Top 10 Import Origin Countries in 2024 Q3
Paraguay Top Import Origins and Sourcing Dependency in 2024 Q3
- China dominates with 31.35% share ($1.37B), acting as Paraguay's primary manufacturing hub.
- High regional concentration: Top 3 suppliers (China, Brazil, Argentina) account for 63.31% of total imports.
- Paraguay's major suppliers show heavy reliance on Asia (China, Singapore, India, Japan, South Korea, Vietnam = 41.45%) and Mercosur partners (Brazil + Argentina = 31.96%).
- Supply chain vulnerability: Over 60% import dependence on three partners creates exposure to regional disruptions.
Table: Paraguay Top Origin Countries in 2024 Q3 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| Mainland China | 1.37B | 31.35% |
| Brazil | 1.09B | 24.90% |
| Argentina | 308.31M | 7.06% |
| United States | 294.05M | 6.74% |
| Singapore | 109.84M | 2.52% |
| India | 104.33M | 2.39% |
| Germany | 95.04M | 2.18% |
| Japan | 74.12M | 1.70% |
| South Korea | 57.23M | 1.31% |
| Vietnam | 51.65M | 1.18% |
Get Complete Paraguay Import Origin Countries Profile
Paraguay - Key Origin Country Trading Product Pattern
- Mainland China (31.35%): Dominates as Paraguay's primary source for manufactured goods, electronics, machinery, and industrial components. Its massive production scale and competitive pricing structure its overwhelming market share.
- Brazil (24.90%): Serves as a major supplier of vehicles, machinery, food products, and electronics. Proximity and trade agreements within the Mercosur bloc facilitate robust and efficient cross-border commerce.
- Argentina (7.06%): Provides key imports including vehicles, plastics, chemicals, and foodstuffs. Shared borders and regional supply chains make it a logical and consistent trading partner.
- United States (6.74%): Exports high-value goods to Paraguay, including machinery, aircraft, medical instruments, and optical equipment. Its role reflects demand for advanced technology and specialized manufacturing.
- India (2.39%): Supplies pharmaceuticals, textiles, machinery, and organic chemicals. Competitive costs in these sectors secure its position among Paraguay's top import origins.
- Germany (2.18%): Focuses on high-end exports such as machinery, vehicles, pharmaceuticals, and electrical equipment. Its presence indicates Paraguayan demand for precision engineering and quality manufacturing.
Frequently Asked Questions
Which countries supply most of Paraguay's imports in 2024 Q3?
Mainland China ($1.37B), Brazil ($1.09B), and Argentina ($308.31M) are Paraguay's top import suppliers in Q3 2024.
Does Paraguay rely heavily on a single import supplier?
Mainland China is Paraguay's primary import source, accounting for 31.35% of total imports in Q3 2024.
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.
Paraguay Top 10 Import Origin Countries in 2024 Q4
Paraguay's top import origin in Q4 2024 is China (33.07% share), with heavy reliance on Asian and South American suppliers. yTrade data reveals potential supply chain risks from regional concentration.
