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Paraguay

Welcome to the price transmission page for Paraguay. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Paraguay

Historic Warnings per Commodity

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Background information

Paraguay is an upper middle income country in Latin America with relatively high but volatile growth rates. The open market economy is dependent on its mineral industry and agriculture. The modern agricultural sector combined with the huge hydropower capacities through hydroelectric plants accounts for around two-thirds of the Paraguayan exports. However, the country comprises a large informal sector.

Landlocked Paraguay is highly dependent on its agricultural sector; around half of its land area is used for farming or permanent pasture. Official data estimate that agriculture alone contributes to one-fifth of GDP and employs one-quarter of the labor force. However, it is assumed that an even larger share is deriving its income from subsistence farming, especially in rural areas. Important crops include cotton, sugarcane, corn, tobacco, cassava, fruits and vegetables. Paraguay is moreover among the largest soy producers in the world and a net food exporter.

Compared to other countries in Latin America, Paraguay falls behind in several (socio)economic categories. Paraguay ranks among the most unequal countries worldwide and it is estimated that around a third of the Paraguayan population is living in poverty. Roughly every tenth Paraguayan is undernourished and every tenth child below the age of five is stunted. In terms of the HDI (2014), Paraguay ranks in the category of medium human development with a value of 0.679. Considering the comparably poor conditions, many Paraguayans continue to emigrate.