Balance of Trade In Goods and Services (Local Currency) fell 8.2936839948377% to PYG 10,801 bil in Paraguay in 2017

Balance of Trade In Goods and Services (Local Currency) (PYG bil)
Economy | Paraguay | May 18, 2019
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Balance of trade in goods and services reached 10,801 PYG bil in 2017 in Paraguay, according to the National Statistical Office. This is 8.29 % less than in the previous year.

Historically, balance of trade in goods and services in Paraguay reached an all time high of 11,778 PYG bil in 2016 and an all time low of -216 PYG bil in 1994. When compared to Paraguay's main peers, balance of trade in goods and services in Argentina amounted to -281 ARS bil, -17.9 BOB bil in Bolivia, 65.7 BRL bil in Brazil and 3,078 CLP bil in Chile in 2017.

Paraguay has been ranked 5th within the group of 163 countries we follow in terms of balance of trade in goods and services, 2 places above the position seen 10 years ago.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Argentina ARS bil 36.9 51.4 -3.33 18.5 -64.0
Bolivia BOB bil 9.48 17.6 14.7 3.01 -14.1
Brazil BRL bil -33.7 -65.4 -123 -154 -69.1
Chile CLP bil 4,048 -36.6 -792 1,410 -350
Paraguay PYG bil 2,793 1,757 6,184 3,594 4,916
Peru PEN bil 23.7 11.6 -0.927 -9.34 -15.6
Uruguay USD bil -3.73 -33.5 -35.5 -26.6 -5.42
Venezuela VEF bil 139 31.7 -107 -446 ... ... ...