Which countries are major destinations for Paraguay's exports?

Paraguay’s principal export destinations are Brazil, Russia, Argentina, Chile, and the Netherlands.1

The country’s economy relies heavily on the export of agricultural products—most notably soybeans—as well as meat products, wheat, corn, and hydroelectricity. It is important to note that official trade statistics for Paraguay have historically been underestimated due to the widespread smuggling of consumer goods to neighboring countries, though stricter government controls implemented in the late 1990s helped reduce this activity.1