Over 50 Paraguayan products entered new markets in 2024

According to the Intelligence Directorate of REDIEX, from January to December last year, 55 products of Paraguayan origin entered more than 40 countries across various continents for the first time.

Beef, ethanol, electrical conductors, samu’u seedlings, peanuts, rice, cotton, soybean oil, organic fertilizers, steel billets, glycerin, aluminum scrap, and other national products entered the international market, generating revenues exceeding USD 28 million in 2024.

Throughout the year, Paraguayan exports surpassed international standards, showcasing the quality and competitiveness of national products.

In Europe, Spain led as a destination for Paraguayan exports, with ethanol sales reaching USD 12 million, alongside parts for transport equipment, electrical compensators, and cotton. The United Kingdom imported over USD 3 million biodiesel, while Germany purchased glycerin and plywood. Paraguayan cotton was consolidated in Portugal and Thailand, with sales of USD 298,324 and USD 295,170, respectively.

The United States, Mexico, Uruguay, and the Dominican Republic stood out as strategic partners in the Americas. Key exports included rice and soybean oil to the Caribbean, beef to Puerto Rico, and industrial and agricultural products to Brazil, Peru, and Argentina.

Cambodia and Vietnam strengthened trade ties in Asia by purchasing offal and copper scrap, while Singapore imported aluminum scrap. Meanwhile, Africa saw peanut shipments to Algeria and Libya.

Additionally, Paraguayan products entered markets such as Chile, Colombia, Oman, Saudi Arabia, Italy, Guatemala, Belgium, Switzerland, Romania, the Netherlands, Albania, Ecuador, Bolivia, and Indonesia for the first time.

These achievements highlight Paraguay’s progress in meeting international standards, solidifying its position in the global market. The diversification of exported products—from biodiesel and ethanol to industrial and agricultural goods—reinforces the nation’s economic competitiveness and sustainability.

Through these milestones, Paraguay strengthens its reputation as a reliable supplier and demonstrates its ability to adapt to the demands of increasingly competitive and demanding markets.

Source: IP.Gov

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