Paraguay, exciting home for soybean ,stevia, tung oil, wheat , beef and free commercial zone, and the pharmaceutical industry

Entrepreneurs in this emerging country with a market of + 6 million potential consumers are very dynamic. 

Paraguay is the sixth-largest soybean producer in the world, second-largest producer of stevia, second-largest producer of tung oil, sixth-largest exporter of corn, tenth-largest exporter of wheat and 8th largest exporter of beef.

The market economy is distinguished by a large informal sector, with the energy, auto parts and clothing industries leading the way.

The country boasts the third most important free commercial zone in the world: Ciudad del Este, trailing behind Miami and Hong Kong.

The mineral industry of Paraguay is also at the core of stakes. Production of cement, iron ore, and steel occurs commonly throughout Paraguay's industrial sector.

Paraguay put in place many incentives aimed to attract industries to the country. One of them is the so-called "Maquila law" by which companies can relocate to Paraguay, enjoying minimal tax rates.

In the pharmaceutical industry, Paraguayan companies have strong hold in domestic consumption and export drugs.

Paraguay's primary manufacturing focus is on food and beverages. Wood products, paper products, hides and furs, and non-metallic mineral products also contribute to manufacturing totals.

Land concentration in the Paraguayan countryside is one of the highest in the globe.