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WTO Tariff & Trade Data

Paraguay

All products

Applied tariffs

Simple average MFN applied 2024
8.6 %
Trade-weighted MFN average 2024
6.2 %
Share of MFN duty-free 2024
28.7 %

Source of data: WTO IDB, Trade Data Monitor

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
33.4 %
Binding coverage
100.0 %
Share of bound duty-free
0.0 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 15,913.4 million USD in 2024

Imports by partner

Brazil
24.4 % 3,876.3 million USD
Argentina
18.7 % 2,973.8 million USD
China
17.8 % 2,834.1 million USD
United States of America
13.6 % 2,158.5 million USD
European Union
6.2 % 984.7 million USD
Chile
2.9 % 464.2 million USD
Uruguay
2.7 % 437.0 million USD
Hong Kong, China
2.2 % 356.1 million USD
India
1.5 % 237.1 million USD
United Arab Emirates
1.2 % 187.0 million USD
Rest of the World
8.8 % 1,404.6 million USD

Source of data: Trade Data Monitor

Imports by products HS 2022

271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
8.8 % 1,395.2 million USD
851713 Smartphones for wireless networks
7.2 % 1,143.1 million USD
271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
3.8 % 599.2 million USD
847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.7 % 272.4 million USD
854370 Electrical machines and apparatus, having individual functions, n.e.s. in chapter 85
1.5 % 240.4 million USD
851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
1.5 % 236.8 million USD
870421 Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
1.4 % 223.8 million USD
870322 Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.000 cm³ but <= 1.500 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.2 % 189.5 million USD
380893 Herbicides, anti-sprouting products and plant-growth regulators, put up in forms or packings for retail sale or as preparations or articles (excl. goods of subheading 3808.59)
1.1 % 182.3 million USD
300490 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.1 % 171.8 million USD
Rest of the products
70.8 % 11,259.1 million USD

Source of data: Trade Data Monitor

Exports

Total exports: 10,879.9 million USD in 2024

Exports by destination

Brazil
32.5 % 3,532.8 million USD
Argentina
30.9 % 3,363.7 million USD
Chile
8.5 % 926.9 million USD
European Union
4.0 % 431.0 million USD
United States of America
3.8 % 409.0 million USD
Chinese Taipei
2.1 % 228.8 million USD
Russian Federation
1.9 % 207.0 million USD
Peru
1.7 % 186.1 million USD
Uruguay
1.5 % 167.3 million USD
Israel
1.5 % 165.7 million USD
Rest of the World
11.6 % 1,261.7 million USD

Source of data: Trade Data Monitor

Exports by products HS 2022

120190 Soya beans, whether or not broken (excl. seed for sowing)
29.1 % 3,169.8 million USD
271600 Electrical energy
10.6 % 1,153.8 million USD
020230 Frozen, boneless meat of bovine animals
8.7 % 948.0 million USD
020130 Fresh or chilled bovine meat, boneless
7.0 % 767.0 million USD
230400 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
5.5 % 594.9 million USD
150710 Crude soya-bean oil, whether or not degummed
3.8 % 409.2 million USD
854430 Ignition wiring sets and other wiring sets for vehicles, aircraft or ships
3.1 % 333.6 million USD
100590 Maize (excl. seed for sowing)
3.0 % 322.3 million USD
100630 Semi-milled or wholly milled rice, whether or not polished or glazed
2.4 % 262.3 million USD
120799 Oil seeds and oleaginous fruits, whether or not broken (excl. edible nuts, olives, soya beans, groundnuts, copra, linseed, rape or colza seeds, sunflower seeds, palm nuts and kernels, cotton, castor oil, sesamum, mustard, safflower, melon and poppy seeds)
1.4 % 153.5 million USD
Rest of the products
25.4 % 2,765.5 million USD

Source of data: Trade Data Monitor

Preferential regimes provided by Paraguay

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Paraguay as a beneficiary based on other economies reported preferential regimes

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