Paraguay’s trade deficit widened to USD 410.08 million in August 2024, from USD 246.03 million in the corresponding month of the previous year. Exports fell by 1.1% compared to the previous year, reaching USD 902.22 million, driven by a significant decrease in primary product shipments (-24.7%) industrial goods (-18.6%), and energy and fuel (-23.4%). Meanwhile, imports fell by 1.6% year-on-year to USD 1,312.31 million, driven by lower purchases of primary intermediate goods (-2.6%), and capital goods (-8.8%), while consumer goods rose (9.4%). source: Banco Central del Paraguay
Paraguay recorded a trade deficit of 398337.11 USD Thousands in July of 2024. Balance of Trade in Paraguay averaged -116798.86 USD Thousands from 1994 until 2024, reaching an all time high of 245606.44 USD Thousands in April of 2023 and a record low of -684269.14 USD Thousands in January of 2023. This page provides - Paraguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2024.
Paraguay recorded a trade deficit of 398337.11 USD Thousands in July of 2024. Balance of Trade in Paraguay is expected to be -176685.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Balance of Trade is projected to trend around -488447.00 USD Thousands in 2025 and -398447.00 USD Thousands in 2026, according to our econometric models.