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Paraguay

Paraguay ranked No. 73 in total trade value through February with a total of $445.66 million. Exports totaled $421.58 million and Imports totaled $24.08 million, a surplus of $397.5 million.

January – February 2019

Top Trading Ports

Total Trade: $445.66 million

RankPortTotal YTD
1Miami International Airport $304,218,562
2Port of Corpus Christi, Texas $58,197,852
3Port Everglades, Fla. $19,887,963
4Port of Houston $12,629,045
5Port of New Orleans $7,468,283
6Port of Jacksonville, Fla. $6,203,037
7Port of Newark $5,787,446
8Port of Charleston $5,099,339
9Port of New York $4,941,501
10Low-Valued Imports and Exports $3,287,194

U.S. trade with Paraguay rose to $445.66 million through February

Paraguay’s trade with the United States rose to $445.66 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.99 percent below its total trade during the same time period last year. Paraguay’s exports decreased 6.94 percent while imports rose 49.81 percent. The U.S. surplus with Paraguay was $397.5 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami International Airport; No. 2 Port of Corpus Christi, Texas; No. 3 Port Everglades, Fla.; No. 4 Port of Houston; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port Everglades, Fla. No. 3 Port of Southern Louisiana, Gramercy, St. James Parish No. 4 Port of Houston and No. 5 Port of Jacksonville, Fla.. In the current time period, the top five accounted for 90.29 percent of Paraguay’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 13.6 percent to $304.22 million.
    Exports fell 13.78 percent to $301.1 million. Imports rose 7.36 percent to $3.12 million.
  • Trade with No. 2 Port of Corpus Christi, Texas totaled $58.2 million.
    Exports totaled $58.2 million. There were no imports.
  • Trade with No. 3 Port Everglades, Fla. fell 59.27 percent to $19.89 million.
    Exports fell 59.02 percent to $19.82 million. Imports fell 85.63 percent to $65,360.
  • Trade with No. 4 Port of Houston rose 15.73 percent to $12.63 million.
    Exports rose 8.99 percent to $11.31 million. Imports rose 147.29 percent to $1.32 million.
  • Trade with No. 5 Port of New Orleans rose 28.23 percent to $7.47 million.
    Exports rose 45.4 percent to $4.92 million. Imports rose 4.36 percent to $2.54 million.

Paraguay ranked No. 73 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 72.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Paraguay by value through February were the categories of Cell phones, related equipment; Gasoline, other fuels; Computers; Unrecorded media for audio; and TV cameras, digital cameras, camcorders, respectively. They accounted for 78.04 percent of total exports to Paraguay.

The value of the top five categories of U.S. imports from Paraguay –– Cane, beet sugar, solid form; Oil seeds, misc. oleaginous fruits; Misc. dead animal products; Gold; and Insulated wire, cable –– accounted for 71.69 percent of all inbound shipments.

Looking more closely at U.S. exports to Paraguay:

  • Cell phones, related equipment fell 13.22 percent compared to last year to $195.87 million.
  • Gasoline, other fuels rose 183.91 percent compared to last year to $69.76 million.
  • Computers fell 3.07 percent compared to last year to $34.9 million.
  • Unrecorded media for audio rose 19.53 percent compared to last year to $17.69 million.
  • TV cameras, digital cameras, camcorders fell 33.59 percent compared to last year to $10.78 million.

Looking more closely at U.S. imports from Paraguay:

  • Cane, beet sugar, solid form rose 265.57 percent compared to last year to $6.12 million.
  • Oil seeds, misc. oleaginous fruits rose 70.5 percent compared to last year to $4.61 million.
  • Misc. dead animal products rose 93.21 percent compared to last year to $3.28 million.
  • Gold fell 2.14 percent compared to last year to $1.97 million.
  • Insulated wire, cable fell 45.05 percent compared to last year to $1.29 million.

In the latest annual figures available, Paraguay recorded $2.88 billion in trade with the United States. At year’s end, its were Miami; New Orleans; Houston; New York City; and Jacksonville/Tampa. Total U.S. exports to Paraguay were $ 2.76 billion and imports from Paraguay were $125.13 million. The U.S. surplus with Paraguay was $2.63 billion.