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About Paraguay

Paraguay is a landlocked South American country between Argentina, Brazil, and Bolivia. The country is a home to large swampland, subtropical forest, and Chaco, wildernesses, etc., This Spanish speaking country has also been considered as the Heart of South America.

The country has had one of the highest economic growth in South America. The primary sectors are agriculture, hydroelectric generation, Mineral Industry, Pharmaceutical Industry, and Manufacturing of Food products, Wood & Paper products, Hides, Non-Metallic mineral products.

Country Facts


Basic Details
RegionLatin America
Capital CityAsunción
Government TypeUnitary dominant-party presidential republic
Official LanguagesSpanish, Guarani
CurrencyParaguayan guaraní, PYG
Phone Code +595
Important CitiesCiudad del Este, Luque, San Lorenzo, Capiatá, Lambaré, Fernando de la Mora, Encarnación, Ñemby, Limpio
National DayIndependence Day (15th May)
Ease of Doing Business Ranking125 (Medium)
Primary IndustriesAgriculture, Cement, Food Processing, Forestry, Textiles, Timber Products, Vegetable Oil Refining, sugar, cement, textiles, beverages, wood products, steel, base metals, electric power
Major ExportsCotton, Fruit, Meat Products, Soya Beans, Timber, Tobacco, Vegetable Oils, Vegetables, soybeans, feed, cotton, meat, edible oils, wood, leather
Major Exports to IndiaWood, Fuels, Stone and Glass, Minerals, Food Products, Machinery and Electricals, Machinery and Electricals, Chemicals, Metals, Raw materials
Major Importsroad vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts
Major Imports from IndiaChemicals, Metals, Plastic or Rubber, Food Products, Raw materials, Machinery and Electricals, Stone and Glass, Fuels, Vegetables, Wood
Foreign Relations
Trade Agreements with IndiaMERCOSUR India, Southern Common Market India, Partial Scope Agreement (PSA), bilateral relations, India and Paraguay provides visa-free travel privileges
Bordering NationsBolivia, Brazil, Argentina
Member ofCommunity of Latin American,Caribbean States(CELAC), Community of Latin American and Caribbean States(CLACS), Group of 77(G77), Lima Group(GL), Organization of American States(OAS), Organization of Ibero-American States(OIAS), United Nations(UN), World Trade Organization(WTO)
Indian Embassy Details for ParaguayH.E. Mr. Javier Zucolillo
Honorary Consul General
Honorary Consulate General of India
Avda. Esuebio Ayale 3663, Km.4, Asuncion, Paraguay. (Under Embassy of India in Argentina)
Phone: 00-595-21-660111 / 14
Embassy Details of Paraguay in IndiaH.E. Mr. Fleming Raul Duarte Ramos
Embassy of Paraguay
B-12, Second FloorVasant MargVasant ViharNew Delhi-110057
Phone: +91-11-4270 5671 (O)