What are some products from Paraguay?
Paraguay’s main agricultural products are soybeans, indigenous cattle meat, cassava, indigenous pig meat, whole fresh cow milk, wheat, maize, hen eggs, sugar cane and indigenous chicken meat. There are 17,705 hectares of organic land in Paraguay and approximately 3,490 organic farms operating in the country.
What does Paraguay export with the US?
The top export categories (2-digit HS) in 2019 were: electrical machinery ($1.3 billion), machinery ($333 million), mineral fuels ($117 million), toys and sports equipment ($64 million), and vehicles ($43 million).
What are the 1st and 2nd most exported goods in Paraguay?
At the detailed 4-digit Harmonized Tariff System (HTS) code level, soya beans dominate Paraguay’s most valuable export products. Exported soya beans now represent about a quarter (25.2%) of all Paraguayan shipments by value. In second place is Paraguay’s exports of electrical energy at 20.5%.
What are 3 Exports in Paraguay?
Exports The top exports of Paraguay are Soybeans ($1.58B), Electricity ($1.57B), Soybean Meal ($692M), Frozen Bovine Meat ($557M), and Bovine Meat ($468M), exporting mostly to Brazil ($2.53B), Argentina ($1.74B), Chile ($624M), Russia ($607M), and United States ($189M).
What does Paraguay import and export?
Economy of Paraguay
|Exports||$11.73 billion (2017 est.)|
|Export goods||soybeans, feed, cotton, meat, edible oils, wood, leather|
|Main export partners||Brazil 31.9% Argentina 15.9% Chile 6.9% Russia 5.9% (2017)|
|Imports||$11.35 billion (2017 est.)|
How much is Paraguay’s debt?
In 2019, the national debt of Paraguay amounted to around 9.02 billion U.S. dollars.
Paraguay: National debt from 2016 to 2026 (in billion U.S. dollars)
|Characteristic||National debt in billion U.S. dollars|
Why is Paraguay important to the United States?
The United States established diplomatic relations with Paraguay in 1861, approximately 50 years after Paraguay declared independence from Spain. … The United States supports the consolidation of Paraguay’s democracy and continued economic reform – the cornerstones of cooperation among countries in the hemisphere.
What is a major problem in Paraguay?
A major problem the government faces in servicing the debt and maintaining economic growth is its inability to get control of foreign exchange. Much of Paraguay’s external trade is contraband, with the dollars passing into the black market.