Doing Business in Paraguay - Hosted by US Commercial Service

One of the fastest-growing Latin American economies, Paraguay offers an export market and attractive investment incentives for manufacturing operations and the lowest factor costs in the region.

Learn about business opportunities in various sectors, reasons to consider doing business in Paraguay, and the U.S. Government resources available to support your company in the market.

• Although Paraguay does not have a free trade agreement with the United States, in 2019 trade of goods between the United States and Paraguay totaled $2.1B.
• Paraguay has significant cost advantages, which provide attractive conditions for international investors and regional companies.
• Projected infrastructure projects will require new or used heavy machinery, as well as engineering, project management consulting, and financial services.
• The agriculture industry presents opportunities for animal genetics, fertilizers, pest control, farm equipment, and processing machinery.