Emerging Trade Opportunities between Paraguay and Turkey in 2025
An analysis of the recent developments in Paraguay's international trade relations, with a special focus on the growing partnership with Turkey.
In the past six months, Paraguay has seen a significant increase in trade with Turkey, driven by a shared interest in agricultural and manufacturing sectors. This trend aligns with Paraguay's broader strategy to diversify its export markets and reduce dependency on its Mercosur partners. The strategic implications of this development are manifold. Economically, it could boost Paraguay's GDP growth and create new jobs. Politically, it enhances Paraguay's international standing and provides leverage in Mercosur negotiations. The trajectory for the next six months suggests a continuation of this trend, with potential for further deepening of the economic ties. For businesses, the growing Paraguay-Turkey partnership offers opportunities in sectors such as agribusiness, textiles, and automotive parts. Investors should closely monitor the trade negotiations and policy changes in both countries.
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