You asked: What products is Paraguay known for?

What products do Paraguay export?

By 2006 Paraguay had become one of the top exporters of soybeans in the world, a distinction that continued into the 2010s. The country’s other principal exports are meat products, wheat, corn (maize), and hydroelectricity.

What is the top 3 exports of 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 is Paraguay a top producer of?

Paraguay produces more than half of the 10,000 metric tons marijuana grown in all of South America, the United Nations says. … Specialists say that marijuana grown in Paraguay is in great demand because of its high potency.

What is the main industry of Paraguay?

Economy of Paraguay

Statistics
Main industries sugar, cement, textiles, beverages, wood products, steel, base metals, electric power
Ease-of-doing-business rank 125th (medium, 2020)
External
Exports $11.73 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
2018 7.61
2017 6.43
2016 5.87

Is Paraguay industrialized?

Although the industrial sector registered high growth rates in the late 1970s and early ’80s, Paraguay is one of the least-industrialized countries in South America. Manufacturing is generally small-scale and directed toward processing agricultural products.

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What sports are played in Paraguay?