Brazil-Paraguay Bilateral Trade Analysis 2023

Complete trade statistics: $6.76B total volume •Brazil surplus: $729.00M

BrazilParaguay

$3.74B

Exports (2023)

ParaguayBrazil

$3.01B

Imports (2023)

Trade Balance

$729.00M

Surplus for Brazil

Total Trade

$6.76B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Brazil and Paraguay. Green line shows exports from Brazil, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Paraguay commercial relationship and competitive positioning in global markets.

BrazilParaguay Exports

$3.74B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
2.7% top product
1Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium
$102.21M
2.7% of exports
2Cereals: maize (corn), seed
$98.36M
2.6% of exports
3Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$94.56M
2.5% of exports
4Beer: made from malt
$93.18M
2.5% of exports
5Combine harvester-threshers
$72.14M
1.9% of exports

🎯 Strategic Export Focus

Brazil's export portfolio to Paraguay demonstrates strategic specialization, with fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium representing a key competitive advantage in this bilateral market.

ParaguayBrazil Imports

$3.01B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
35.2% concentration
1Electrical energy
$1.06B
35.2% of imports
2Cereals: maize (corn), other than seed
$269.28M
8.9% of imports
3Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$219.99M
7.3% of imports
4Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
$179.24M
5.9% of imports
5Meat: of bovine animals, boneless cuts, fresh or chilled
$124.94M
4.1% of imports

📦 Import Strategy Analysis

Brazil's import pattern from Paraguay reveals strategic sourcingin electrical energy, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Brazil demonstrates competitive strength in exportingfertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium to Paraguay, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $6.76B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Brazil-Paraguay Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $6.76 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Brazil maintains a surplus of $729.00 million
  • Export Focus: Brazil's primary exports include fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium, cereals: maize (corn), seed, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
  • Import Dependencies: Key imports from Paraguay include electrical energy, cereals: maize (corn), other than seed, insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $6.76B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Brazil's specialization in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassiumcomplements Paraguay's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electrical energy.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $6.76B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $6.76B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $6.76 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium and electrical energy demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Brazil's trade surplus of $729.00 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cereals: maize (corn), seed present expansion opportunities.
Market Diversification
Beyond current focus on electrical energy, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Brazil and Paraguay represents a total trade volume of $6.76 billion in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $729.00 million.

Export Strengths

Brazil's exports to Paraguay total $3.74 billion, with competitive advantages in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium, representing $102.21M or2.7% of bilateral exports.

Import Dependencies

Imports from Paraguay amount to $3.01 billion, highlighting economic interdependence in electrical energy, with Electrical energy comprising35.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Brazil and Paraguay in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023