paraguay
There has been a tenfold increase in bilateral trade
between the two countries over the last decade when it
touched $335.33 million in 2017-18 from $40 million in
2008-09.
The top 10 products exported by India were Iron and Steel
(HS Code:72), Plastics and articles thereof (HS Code: 39),
Vehicles other than railway or tramway rolling stock and
parts and accessories thereof (HS Code :87), Miscellaneous
chemical products (HS Code : 38), Pharmaceutical products
(HS Code : 30), Organic chemicals (HS Code : 29).
The graph below shows the top 10 Export and Import
product in values (US Dollar Unit: Thousand) and the
percentage of India-Paraguay by Product HS Code of the
period January - December 2018.
Top 10 Products, India Export to Paraguay
January - December 2018
Source: Atlassons Business Services Private Limited
PARAGUAY TRADE BALANCE WITH INDIA, 2014 to 2018
Country
Exports
Imports
Balance
Year 2014
217,893,589
105,317,238
112,576,351
Source: The Central Bank of Paraguay
10 • PARAGUAY 2019
Year 2015
205,848,279
145,776,748
60,071,531
Year 2016
194,064,785
132,541,645
61,523,140
Year 2017
266,741,285
148,283,307
118,457,978
Year 2018
230,064,117
192,546,484
37,517,633