International Trade in Paraguay

International Trade in Paraguay

From 2003 to 2008, Paraguay has a period of strong and steady growth, with an annual average of 4.5%. These historical results are mainly due to the rise in prices of raw materials and a global demand. However, due to the international financial crisis, coupled with a reduction in prices... Read more

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Market Analyses About Paraguay (28)

Import and Export Services in Paraguay (66)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Paraguay

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • FocusEconomics S.L.

    FocusEconomics S.L.

    Economic Intelligence, Paraguay

    FocusEconomics is a leading provider of economic intelligence for Asia, Europe and the Americas. FocusEconomics has established a solid...

Business Tips About Paraguay (20)

Agents and Distributors in Paraguay (13)

  • Halcón Agro-Trading

    Halcón Agro-Trading

    Food/Agricultural Sales and Distribution, Paraguay

    We are the first and only company in trading of agriculture in Paraguay. The only agency that has full service and integrated logistics...
  • J.A. import export

    J.A. import export

    Agribusiness Regulations, Paraguay

    We can export great service

Overview About International Trade in Paraguay

Economic Overview

From 2003 to 2008, Paraguay has a period of strong and steady growth, with an annual average of 4.5%. These historical results are mainly due to the rise in prices of raw materials and a global demand. However, due to the international financial crisis, coupled with a reduction in prices of agricultural products and a season of high drought, the economic challenges have become more pressing. The country experienced negative growth in 2009 (-3.8%), due to the crisi but also due to suffering heavy drought. In 2010, the economy resumed an upward trend.

In order to face the crisis, the authorities have set up a plan of economic revival which consists essentially in tax incentive measures, bank credit support, increment of external financing and support to structural reforms. The country's economy depends largely on the food processing industry and agriculture, because meat and soy are its two export products. Paraguay also has large hydroelectric resources, such as as the Itaipu Dam, the operation of which was negotiated with its Brazilian neighbor.

In terms of per capita income, Paraguay is still one of the poorest countries in South America. In spite of a relative de...

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