Paraguay Top 10 Import Origin Countries in 2024 Q4

Paraguay Top Import Origins and Sourcing Dependency in 2024 Q4

• Dominant Supplier: Mainland China leads Paraguay's imports with 33.07% share ($1.51B), acting as the primary manufacturing hub.
• Concentration Risk: Top 3 suppliers (China, Brazil, Argentina) account for 64.97% of imports, showing heavy reliance on Asian and South American sources.
• Strategic Note: Paraguay's major suppliers are regionally concentrated, posing potential supply chain vulnerabilities if trade disruptions occur in these markets.

Table: Paraguay Top Origin Countries in 2024 Q4 (Source: yTrade)

Get Complete Paraguay Import Origin Countries Profile

Paraguay - Key Origin Country Trading Product Pattern

• Mainland China (33.07%): China dominates as Paraguay's primary source of imports, reflecting its role as the world's leading manufacturer. This high volume points to heavy Paraguayan reliance on Chinese industrial goods, electronics, machinery, and consumer products.
• Brazil (25.18%): As a bordering Mercosur partner, Brazil supplies a massive share of Paraguay's imports. This trade is driven by vehicles, auto parts, electronics, and processed foods, benefiting from regional trade agreements and logistical efficiency.
• Argentina (6.72%): Another key Mercosur neighbor, Argentina provides essential goods to Paraguay. This includes agricultural machinery, processed food products, chemicals, and energy resources, facilitated by geographic proximity and integrated supply chains.
• United States (5.63%): The U.S. is a major supplier of high-value goods to Paraguay. Imports typically include machinery, aircraft, medical equipment, and advanced technology products, representing a critical source for specialized industrial and capital goods.
• India (2.62%): India has become a significant origin for Paraguay's imports, focusing on pharmaceuticals, textiles, chemicals, and automotive components. Its competitive manufacturing costs make it a growing alternative supplier in these sectors.
• Singapore (2.59%): Singapore serves as a strategic transshipment hub and origin for high-tech goods, electronics, and refined petroleum products. Its role highlights Paraguay's integration into global electronics and energy supply chains.

Frequently Asked Questions

Which countries supply most of Paraguay's imports in 2024 Q4?

Mainland China ($1.51B), Brazil ($1.15B), and Argentina ($306.00M) are Paraguay's top import suppliers in Q4 2024.

Does Paraguay rely heavily on a single import supplier?

Mainland China is Paraguay's primary import source, accounting for 33.07% ($1.51B) of total imports in Q4 2024.