As per Paraguay export data, Paraguay economy is the economy of market that is highly depends on the agriculture commodities. To improve and grow farming sector is the important component for Paraguay economy. As per Paraguay export trade data Paraguay was recorded as top 6th producers of soybeans and they significantly increased the exports of soybeans and agricultural products.
The Government of Paraguay always welcome the foreign investment which helps to improve the economy of Paraguay.
According to Paraguay export customs data, Paraguay major exporting products are oil seeds and oleaginous fruits; second top exporting product from Paraguay are mineral fuels, mineral oils and products of their distillation , third top exporting products are meat and edible meat offal.
Paraguay export shipment data top trading partners of Paraguay is Brazil with a share of 33%, Argentina with a share of 22% and Chile with a share of 8.09%.
As according to Paraguay export trade data the value of merchandise exports from Paraguay totalled $ 7.65 billion in 2019. The value of merchandise exports from Paraguay amounted to $ 9.04 billion in 2018.
