Commodity Origins

How much soybeans do Paraguay produce and export?

Paraguay is the nullth largest producer of soybeans: 11.1 million tonnes in 2024, 2.8% of the world's 397.7 million tonnes (FAOSTAT). It is the 3rd largest exporter by value: $3.2 billion in 2024, 3.9% of world exports of soybeans (HS 1201) (CEPII BACI). Its biggest customer is Argentina, which takes 86% of its soybeans exports by value.

All about soybeans · All about Paraguay · Soybeans price history

Paraguay's soybeans production

Paraguay soybeans production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
11.1 million tonnes2.8%+1.1% a year2024

FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.

Paraguay soybeans production monthly prices, tonnes, Jan 1961 to Jan 2024Line chart of paraguay soybeans production monthly prices in tonnes from Jan 1961 to Jan 2024: Paraguay soybeans production from 2,100 to 11,100,256, peaking at 11,100,256.02,000,0004,000,0006,000,0008,000,00010,000,00012,000,000196519701975198019851990199520002005201020152020tonnes
Paraguay soybeans production

Share of world output over time

Paraguay's share of world soybeans production in selected years
19902000201020202024
1.7%1.8%2.8%3.1%2.8%

Average annual share by decade: 1960s <0.1%, 1970s 0.3%, 1980s 1.1%, 1990s 1.6%, 2000s 2%, 2010s 2.8%, 2020s 2.6%. See the concentration-over-time report.

Paraguay's soybeans exports

Paraguay exports of Soya beans, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
3$3.2 billion3.9%7.9 million t$4022024

CEPII BACI international trade database (HS22, V202601), HS 1201 (Soya beans).

Where Paraguay's soybeans goes

Largest destinations of Paraguay's soybeans exports, 2024
DestinationValueShare of Paraguay's exports
Argentina$2.7B86%
Brazil$309M9.7%
Russia$100M3.2%
Peru$9M0.3%
Uruguay$6M0.2%

Largest five destinations of 1,967 exporter-importer pairs BACI reports for 2024. See trade flows.

How much soybeans Paraguay uses

Paraguay's domestic supply of soybeans was 4.1 million tonnes in 2023, 1.1% of the world's. Food supply was 0.0 kg per person a year, 111th highest of 141 countries with a million or more people. It produced 275% of what it used (self-sufficiency) and imported 0%. FAO's item is "Soyabeans". Consumption · Self-sufficiency.

The soybeans price Paraguay sells into

The benchmark price, US, CIF Rotterdam, was $524/t in September 2026, up 30% over twelve months. Its five-year volatility is 18% a year, calmer in 61% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Soybeans price history.

Cite as: Commodity Origins, "Paraguay soybeans: production, exports and prices", https://commodityorigins.com/countries/PRY/soybeans/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.