Paraguay Trade Balance Swings to Deficit in June

Paraguay’s trade deficit widened to USD 697.9 million through June 2025, reversing a USD 469 million surplus in the same period last year.

Registered exports fell 7.7% year-on-year to USD 5.4657 billion, driven by a 24.3% drop in primary products—soybeans plunged 30.4%—partly offset by gains in maize (+45.5%), wheat (+67.8%) and rice (+116.6%).

Agro-industrial goods rose 9.0% on robust beef and offal shipments, while industrial manufactures increased 2.4%, led by cables and aluminum.

Energy exports declined 8.9%.

Meanwhile, registered imports grew 7.3% to USD 8.2887 billion, fueled by higher purchases of industrial manufactures (+11.0%), agro-industrial goods (+14.2%) and primary products (+18.1%).

Fuel and lubricant imports fell 18.3%, reflecting weaker diesel and gasoline demand.

The shift reflects both softer external sales and firmer domestic demand.