Paraguay's Economic Resilience and Strategic Trade Opportunities in 2026
Paraguay's economy has shown resilience in 2026, driven by agricultural exports and regional trade dynamics. This analysis explores key trends, economic indicators, and emerging opportunities within the country's business landscape.
In the first quarter of 2026, Paraguay's economy demonstrated resilience, with agricultural exports remaining a key driver of growth. According to the Banco Central del Paraguay (BCP), the country's GDP growth reached 2.8% in Q1 2026, outperforming regional peers. The Ministry of Industry and Commerce (MIC) reported a 12% increase in exports to Mercosur countries, particularly in soybean and beef sectors. The National Statistics Institute (INE) highlighted that inflation remained stable at 4.2%, supported by controlled monetary policy. The country's strategic position within Mercosur and its growing trade ties with Turkey present significant opportunities for investors. The Central Bank of Turkey (TCMB) noted a 5% increase in bilateral trade between Turkey and Paraguay in 2025, indicating a strong potential for further collaboration. As the year progresses, the focus will be on sustaining this growth and leveraging regional trade agreements to enhance economic stability and investment attractiveness.
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