Paraguay Balance of Trade
Agricultural commodities have seen a significant increase in exports from Paraguay during the last few years. 58% of overall exports are made up of soy, beef, and cereals. Machinery, appliances, and motors (30% of total imports), fuels and lubricants (12%), and chemicals (9%) are the main imports in the country. Brazil accounting for 32% of total exports and 21% of imports and Argentina accounting for 23% of exports and 9% of imports are the two most important commercial partners. China and the United States are other important commercial partners.
A higher than expected figure should be seen as positive (bullish) for the PYG while a lower than expected figure should be seen as negative (bearish) for the PYG.
Source:
Banco Central del Paraguay
Category:
Balance of Trade
Units:
Million
Latest Release
Previous:
-$16.17M
Consensus:
-$149.5M
Actual:
-$503.1M
Next Release
Date:
May 14, 17:30
Time left:
4 days
Consensus:
-$450M
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