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Paraguay Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Paraguay's trade balance was $-1.5B in 2025, ranked 112th globally. This represents a 38.7% decrease from 2024. Data from World Bank, covering 1962–2025.

$-1.5B −$417.2M (-38.7%)
Year 2025 Rank #112 Global Peak $2.4B (2016) Source World Bank

Paraguay Trade Balance (1962–2025)

Overview

Paraguay's trade balance stood at $-1.5B in 2025, a decline of +$417.2M from 2024. Based on recent trends, this figure is projected to reach $-1.5B by 2025. Paraguay ranked 112th globally.

Paraguay's trade balance has experienced significant fluctuations over the past six decades, ranging from a peak of $2,355,629,076.78 in 2016 to a trough of -$2,097,283,007.56 in 2022. The country's trade balance has consistently ranked among the most negative globally, with a current value of -$1,496,536,509.00, placing it at #112 globally. This negative trade balance is comparable to that of Timor-Leste, which ranked closest in terms of trade balance, at -$1,473,747,667.93. The considerable decline from Paraguay's 2016 peak suggests a shift in trade dynamics, possibly due to changes in global commodity prices or shifts in regional trade agreements. The continued negative trade balance may be influenced by the ongoing economic recovery from the 2022 trough, although sustained economic growth and structural reforms could potentially alter the trajectory of Paraguay's trade balance in the coming years.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-2.4B - -
2026* trend $-2.0B - -
2025* trend $-1.5B - -
2025 $-1.5B −$417.2M #112
2024 $-1.1B −$1.8B #65
2023 $743.0M +$2.8B #109
2022 $-2.1B −$2.6B #66
2021 $492.2M −$847.5M #112
2020 $1.3B +$978.5M #128
2019 $361.2M −$297.4M #116
2018 $658.6M −$1.4B #121
2017 $2.1B −$305.0M #133
2016 $2.4B +$1.4B #140
2015 $924.9M +$179.9M #135
2014 $745.0M −$817.2M #125
2013 $1.6B +$1.2B #128
2012 $407.9M −$262.3M #121
2011 $670.3M −$153.6M #120
Show all years (1962-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 4.8% C/A balance 3.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's trade balance?▾

Paraguay's trade balance was $-1.5B in 2025. Ranked 112th globally. This represents a 38.7% decrease from the previous year.

What was the highest trade balance in Paraguay?▾

Paraguay's trade balance peaked at $2.4B in 2016.

What was the lowest trade balance in Paraguay?▾

The lowest trade balance in Paraguay was $-2.1B in 2022.

How does Paraguay rank in trade balance?▾

Paraguay ranks 112th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Paraguay in 2025?▾

Paraguay's trade balance is projected to reach $-1.5B by 2025 based on trend extrapolation.

What is the trade balance of Paraguay in 2025?▾

The trade balance of Paraguay in 2025 was $-1.5B. This ranks 112th in the world.

Cite this page

APA
Paraguay Trade Balance. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/paraguay/trade-balance/
BibTeX
@misc{historysaid_paraguay_trade-balance, title = {Paraguay Trade Balance}, url = {https://historysaid.com/paraguay/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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