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Paraguay – One of the worlds largest exporters of Soya Beans

Paraguay is the world’s fourth biggest exporter of soya, a crop that has been dubbed “green gold.” Its harvest – likely to reach a record 9 million tonnes this season – is mostly shipped as raw soybeans to the European Union, where it is used in cattle feed, or to Argentina for the manufacture of biofuels. More than three million hectares of soybean are currently sown in Paraguay, nearly triple the area than in 1998, and agricultural exports will account for the majority of the country’s predicted…

Agriculture in Paraguay is building on its core strengths

The production of food commodities is where Paraguay excels. Government plans focus on reducing the impact of volatility on the agricultural industry through the use of technology, improved transport links and increased processing capacity. The Government’s development of country-wide infrastructure projects will not just aid economic diversification – it will also benefit Paraguay’s core economic strength: agricultural production. And while there is consensus within the country about the need to diversify…