What are Paraguay's major exports?

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Paraguay’s economy relies heavily on the export of agricultural products and energy. The country's principal exports include:

  • Soybeans: Paraguay is one of the world's top exporters of soybeans, which are primarily grown in the Eastern Region.1
  • Meat and Livestock Products: Meat products, including beef, as well as hides and dairy products, are significant exports.12
  • Hydroelectricity: Due to the massive generating capacity of the ItaipĂș Dam and the YacyretĂĄ project, Paraguay is one of the world's largest exporters of electricity.3
  • Grains and Crops: Other important agricultural exports include wheat, corn (maize), and various other cash crops.12
  • Timber: Timber products have historically been an important export for the country.2

While Paraguay previously relied on exports such as tannin, yerba maté, tobacco, and cotton, the significance of these goods has declined over time. The country's primary export destinations include Brazil, Russia, Argentina, Chile, and the Netherlands.1