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Paraguay

Discover the robust bilateral relationship between Canada and Paraguay, reinforced by strong people-to-people ties

Aerial view of Asuncion, Paraguay cityscape
  1. Paraguay
  2. Country and Market Info

Evaluating the market in Paraguay

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Paraguay

Paraguay’s economy is small and heavily dependent on agricultural production—particularly soybean and beef—as well as  electric power exports and foreign trade. While Paraguay is challenged with a volatile political environment, corruption, and commodity price fluctuations, it's shown sound economic management with major economic reforms over the last decade.

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Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

Date modified: 2018-05-14

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