On this page you will find beneficial information regarding foreign direct investment in / trading with Paraguay. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government:Presidential Republic
Population: 6.704 million (2021)
GDP: 39.5 billion USD (2021)
Corporate Tax Rate: 10%
Personal Income Tax Rate: 10%
Major Exports: Soybeans ($2.99B), Electricity ($1.63B), Bovine Meat ($790M), Frozen Bovine Meat ($777M), and Soybean Meal ($766M), exporting mostly to Brazil ($3.56B), Argentina ($2.65B), Chile ($1.01B), Russia ($757M), and India ($235M).
Major Imports: Broadcasting Equipment ($1.52B), Refined Petroleum ($1.4B), Cars ($515M), Pesticides ($340M), and Mixed Mineral or Chemical Fertilizers ($290M), importing mostly from China ($3.73B), Brazil ($3.06B), United States ($1.55B), Argentina ($1.13B), and Chile ($437M).