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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
RegionSouth America
Capital CityAsunción
Government TypePresidential Constitutional 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)
GDP (nominal)USD 44.142 Billion
Ease of Doing Business Ranking125
Primary IndustriesAgriculture, Cement, Food Processing, Forestry, Textiles, Timber Products, Vegetable Oil Refining, sugar, cement, textiles, beverages, wood products, steel, base metals, electric power
Foreign Relations
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)
Major ExportsAnimal Meat and Food Preperations, Mining, Metals & Minerals, Cereals & Pulses, Edible Oils & Seeds, Food & Beverages, Spirits & Vinegar, Electrical Products, Chemical Products, Wood and Pulp, Plastics and Products, Silk & Textiles, Pharmaceutical Products, Hides, Leather & Tannery, Books and Papers, Fashion and Apparel
Major ImportsMining, Metals & Minerals, Electrical Products, Machinery & Appliances, Automobiles, Vehicles & Components, Agriculture & Farming Products and Solutions, Chemical Products, Plastics and Products, Pharmaceutical Products, Rubber and Products, Food & Beverages, Spirits & Vinegar, Books and Papers, Cosmetics and Accessories, Instruments & Optical Solutions, Household Items & Products, Retail & Fmcg Products, Cereals & Pulses, Other Products
Total Exports ValueUSD 9.948 Billion
Total Imports ValueUSD 15.880 Billion
Foreign Trade BalanceUSD 5.932 Billion (Deficit)
Foreign Relations with India
Trade Agreements with IndiaMERCOSUR India, Southern Common Market India, Partial Scope Agreement (PSA), bilateral relations, India and Paraguay provides visa-free travel privileges
Major Exports to IndiaEdible Oils & Seeds, Mining, Metals & Minerals, Cosmetics and Accessories, Electrical Products, Machinery & Appliances, Hides, Leather & Tannery, Chemical Products, Pharmaceutical Products, Silk & Textiles, Plastics and Products, Instruments & Optical Solutions, Music and Instruments, Arms and Ammunitions, Household Items & Products, Toys and Games
Major Imports from IndiaMining, Metals & Minerals, Chemical Products, Automobiles, Vehicles & Components, Pharmaceutical Products, Machinery & Appliances, Plastics and Products, Electrical Products, Silk & Textiles, Rubber and Products, Cosmetics and Accessories, Instruments & Optical Solutions, Retail & Fmcg Products, Agriculture & Farming Products and Solutions, Hides, Leather & Tannery, Ceramic Products
India's Imports ValueUSD 19.8 Million
India's Exports ValueUSD 156.34 Million
Trade Balance with IndiaUSD 136.54 Million (Deficit)
Indian Embassy Details for ParaguayHonorary Consulate General of India
H.E. Mr. Javier Zucolillo
Honorary Consul General
Avda. Esuebio Ayale 3663, Km.4, Asuncion, Paraguay. (Under Embassy of India in Argentina),
00-595-21-660111 / 14

Embassy of India
H.E. Mr. Yogeshwar Sangwan
Honourable Ambassador
Avenida General Bernardino Caballero 249,, Bernardino Caballero, District of San Roque,, Asuncion, Paraguay
595 212 378400,595 981373282

Embassy Details of Paraguay in IndiaParaguay
Embassy of Paraguay
H.E. Mr. Fleming Raul Duarte Ramos
B-12, Second FloorVasant MargVasant ViharNew Delhi-110057
+91-11-4270 5671 (O)

Honorary Consulate of the Republic of Paraguay in Chennai
H.E. Mr. Meiyappan Balasubramaniam
Honorary Consul
AVM Film Studios, 38 Arcot Road, Vadapalani, Chennai-600026
04442136444 (O)

Honorary Consulate of the Republic of Paraguay in Mumbai
H.E. Mrs. Vandana Kanoria
Honorary Consul
Stadium House, Block No. 1, 6th Floor, Churchgate, Mumbai
02243552027 (O)

Honorary Consulate of the Republic of Paraguay in Kolkata
H.E. Mr. Yashwardhan Poddar
Honorary Consul
216, Acharya J.C Bose Road, Suite 2B, 2nd Floor, Kolkata - 700017
033-40500180 (O)