Economy

PARAGUAYAN REAL FOREIGN TRADE REACHED US$ 40.5 BILLION IN 2012

Diciembre 14th 2012 | Postado por Braspar

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Foreign trade

In 2012, foreign trade represented about USD 40 billion, equals to 62.5% of its economy.

Exports were about USD 23.5 billion, being USD 7.0 billion in formal sales, including energy exports with about USD 2.3 billion.

Informal Paraguayan industrial exports, mainly to Brazil, represents around USD 1.5 billion, being tobacco 45% of the sales, clothes and pharmaceuticals 30%, and other products 25%.

Informal re-exports from other countries, mainly to Brazil, equals to USD 15 billion annually, according to Economic Census 2011/12.

In the other hand, formal imports equals to USD 11 billion in 2012.

However, according to Economic Census, there is an under registration of imports of about USD 6 billion a year, what means real total foreign trade represents about USD 40 billion a year. M

Main Paraguayan Products Exports 2012 millions of USD

1st Electricity 2.200

2nd Soybean 1.582

3rd Cereals 1.044

4th Cattle meat 796

5th Tobacco (cigarettes) 780

6th Others 2.021

Re-exports 15.000

Total exports 23.423

Paraguayan Import 2012

1st Capital Goods 3.685

2nd Row and fuel 3.638

3rd Not durable goods 2.613

4th Durable goods 752

5th Other products to re-export 6.000

Total 16.688

Database: Economic Census 2011/12 and Paraguayan Custom database

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