Paraguay - United States Trade 2025 Q1: Deficit Despite Growth
Key Market Takeaways: Paraguay - United States Trade
The bilateral trade relationship between Paraguay and United States shows strong export growth but a persistent deficit in Q1 2025.
- Economic Pulse: Paraguay ran a -$142.41M trade deficit with the U.S. ($112.00M exports vs. $254.41M imports), despite robust YoY export growth (e.g., +94.11% in February).
- Exchange Structure: Paraguay - United States trade statistics reveal a resource-for-tech complementarity—Paraguay supplies meat (53.69% of exports) while importing U.S. energy (34.81% of imports) and machinery.
- Strategic Interdependence: The U.S. holds a higher value-add position, with Paraguay dependent on its refined fuels and advanced goods.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Paraguay-United States Trade Trend in Q1 2025
Paraguay Export Performance: Shipments to United States
- Total Volume: $112.00M in Q1 2025.
- Growth Trend & Context:
- YoY growth was strong in all months (Jan: +11.25%, Feb: +94.11%, Mar: +71.87%), indicating a robust recovery or expansion in demand.
- No specific trade news or policy changes were reported to explain this surge.
- Key Volatility: February saw a sharp MoM spike (+119.18%), followed by a correction in March (-21.61%).
Paraguay Import Performance: Sourcing from United States
- Total Volume: $254.41M in Q1 2025.
- Growth Trend & Context:
- YoY trends were mixed: sharp declines in January (-19.41%) and February (-30.27%), but a rebound in March (+4.41%).
- No relevant news to contextualize the fluctuations.
- Key Volatility: March posted the highest monthly value ($95.86M) and the largest MoM gain (+25.39%).
Paraguay - United States Trade Balance & Market Dynamics
- Net Position: Paraguay ran a trade deficit of -$142.41M (Exports: $112.00M vs. Imports: $254.41M).
- Relationship Status: Heavy reliance on U.S. imports, with exports growing but not yet offsetting the deficit.
Paraguay Import Trend from United States 2025 Q1 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 82.10M | 6.94% | -19.41% |
| Feb | 76.45M | -6.89% | -30.27% |
| Mar | 95.86M | 25.39% | 4.41% |
| Total | 254.41M | - | - |
Paraguay Export Trend to United States 2025 Q1 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 22.81M | -39.9% | 11.25% |
| Feb | 50.00M | 119.18% | 94.11% |
| Mar | 39.19M | -21.61% | 71.87% |
| Total | 112.00M | - | - |
Get Historical Paraguay United States Trade Records
Paraguay-United States Top Trading Products in Q1 2025
Paraguay Export Profile: What Does Paraguay Sell to United States
- Top Commodity: Rank #1 export is HS 02 (Meat and edible meat offal) at 53.69% of total exports to the U.S.
- Demand Driver: The U.S. imports these for consumer market needs, likely driven by demand for affordable protein sources.
- Concentration: Trade is highly concentrated, with HS 02 alone accounting for over half of exports.
Paraguay Import Profile: What Does Paraguay Buy from United States
- Top Commodity: Rank #1 import is HS 27 (Mineral fuels, oils, and distillation products) at 34.81% of total imports from the U.S.
- Dependency Nature: Reflects energy security dependency, as Paraguay relies on the U.S. for refined petroleum products.
Paraguay - United States Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Paraguay exports raw materials (meat, agricultural products) and imports energy and machinery from the U.S.
- Value Chain Position: The U.S. holds the higher value-add position, supplying advanced goods (HS 84, 85, 90) while Paraguay provides commodities (HS 02, 12).
Import Analysis by Product: United States to Paraguay (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 27 | 88.55M | 34.81% |
| 84 | 30.10M | 11.83% |
| 30 | 20.80M | 8.18% |
| 85 | 14.35M | 5.64% |
| 87 | 13.41M | 5.27% |
| 33 | 11.73M | 4.61% |
| 39 | 9.59M | 3.77% |
| 31 | 9.48M | 3.73% |
| 38 | 9.44M | 3.71% |
| 90 | 7.89M | 3.10% |
Export Analysis by Product: Paraguay to United States (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 02 | 60.14M | 53.69% |
| 12 | 14.85M | 13.26% |
| 71 | 6.53M | 5.83% |
| 44 | 4.97M | 4.43% |
| 23 | 4.82M | 4.30% |
| 42 | 3.26M | 2.91% |
| 85 | 2.46M | 2.20% |
| 76 | 2.02M | 1.80% |
| 74 | 1.99M | 1.77% |
| 62 | 1.96M | 1.75% |
Check Detailed Paraguay-United States Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
The Paraguay-United States trade relationship is poised for continued growth in 2025, driven by strong demand for Paraguayan meat exports (HS 02) and sustained U.S. energy shipments (HS 27). With Paraguay’s exports showing robust YoY gains and U.S. imports rebounding in March, the deficit may narrow if export momentum holds. However, volatility in monthly trade flows—particularly the sharp February spike and March correction—warrants caution. Traders should expect steady expansion but prepare for price swings in key commodities.
Strategic Moves
- Lock in Meat Export Contracts: Paraguayan beef producers should secure long-term agreements with U.S. buyers to capitalize on rising demand and stabilize revenue streams.
- Diversify Energy Suppliers: Paraguay must reduce reliance on U.S. fuel imports by exploring alternative suppliers or investing in domestic refining capacity to mitigate trade deficit risks.
- Expand High-Value Exports: Paraguay should incentivize production of processed agricultural goods (e.g., packaged meats, oils) to move up the value chain and counterbalance the tech-heavy U.S. import profile.
Frequently Asked Questions
How did Paraguay - United States trade perform in 2025 Q1?
Paraguay's exports to the U.S. grew strongly (YoY) to $112.00M, while imports from the U.S. totaled $254.41M, showing mixed YoY trends.
What are the top exports from Paraguay to United States?
Meat and edible meat offal (HS 02) dominated, accounting for 53.69% of Paraguay's exports to the U.S.
What does Paraguay import from United States?
Mineral fuels, oils, and distillation products (HS 27) were the top import, making up 34.81% of shipments from the U.S.
What is the trade balance between Paraguay and United States?
Paraguay had a trade deficit of -$142.41M, driven by higher imports of energy and machinery from the U.S.
Paraguay - United States Trade 2024 Q4: Deficit Amid Export Surge
Paraguay's United States trade trend shows a $109.58M deficit despite a 150.28% export surge. Top trading products include meat (48.1%) and U.S. energy (28.3%). Data via yTrade.
Paraguay - United States Trade 2025 Q2: Deficit & Resource Exchange
Paraguay's trade deficit with the U.S. hits $201M in Q2 2025, driven by meat exports and energy imports. Explore Paraguay United States trade trends and top trading products via yTrade data.
