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U.S.-Paraguay Trade Facts
In 2016, Paraguay GDP was an estimated $27.3 billion (current market exchange rates); real GDP was up by an estimated 3.5%; and the population was 7 million. (Source: IMF)
Paraguay is currently our 73rd largest goods trading partner with $2.1 billion in total (two way) goods trade during 2016. Goods exports totaled $2.0 billion; goods imports totaled $157 million. The U.S. goods trade surplus with Paraguay was $1.8 billion in 2016.
According to the Department of Commerce, U.S. exports of goods to Paraguay supported an estimated 7 thousand jobs in 2015 (latest data available).
- Paraguay was the United States' 57th largest goods export market in 2016.
- U.S. goods exports to Paraguay in 2016 were $2.0 billion, up 30.7% ($466 million) from 2015 and up 117.4% from 2006.
- The top export categories (2-digit HS) in 2016 were: electrical machinery ($1.1 billion), machinery ($312 million), mineral fuels ($177 million), toys and sports equipment ($84 million), and optical and medical instruments ($43 million).
- U.S. total exports of agricultural products to Paraguay totaled $31 million in 2016. Leading domestic export categories include: wine & beer ($14 million), prepared food ($4 million), snack foods nesoi ($3 million), sugar, sweeteners, bev. bases ($1 million), and chocolate & cocoa products ($965 thousand).
- Paraguay was the United States' 110th largest supplier of goods imports in 2016.
- U.S. goods imports from Paraguay totaled $157 million in 2016, down 3.2% ($5 million) from 2015, but up 170.1% from 2006.
- The top import categories (2-digit HS) in 2016 were: sugar ($60 million), precious metal and stone (gold) ($23 million), miscellaneous grain, seeds, fruit (other oilseeds) ($15 million), other animal products ($15 million), and wood and wood products ($14 million).
- U.S. total imports of agricultural products from Paraguay totaled $103 million in 2016. Leading categories include: sugars, sweeteners, bev bases ($55 million), raw beet & cane sugar ($6 million), tea, incl herb ($3 million), other vegetable oils ($3 million), and essential oils ($3 million).
- The U.S. goods trade surplus with Paraguay was $1.8 billion in 2016, a 34.8% increase ($471 million) over 2015.
- U.S. foreign direct investment (FDI) in Paraguay (stock) was $134 million in 2015 (latest data available), a 6.9% decrease from 2014. There is no information on the distribution of U.S. FDI in Paraguay.
- No data on Paraguay's FDI in the United States are available.
NOTE: No services trade data with Paraguay are available.