Paraguay Paraguay-India - Page 10

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