Paraguay's Textile And Garment Products Account For 20.2% Of Processed Exports.
Paraguay
Statistics from the Ministry of industry and commerce's Processing Export Commission (CNIME) showed that in October (2014), in October, the total value of exports of Paraguay businessmen using the processing export investment incentives amounted to US $202 million, an increase of US $42 million 600 thousand over the previous year (US $159 million 400 thousand), a sharp increase of about 27%.
In October this year, the total export value of exporters in the single month was 134 million 500 thousand US dollars, a record high in recent years.
In October this year, the export market of Paraguay's main processing products was still a common city in the south, such as Brazil and Argentina, accounting for 76% of the total value of processing exports in the same month. The remaining 24% were sold to countries such as Thailand, Indonesia, the United States, Chile, France and Vietnam, especially automobile parts.
The main processing export products are auto parts (20.7%), textile garments (20.2%), leather and leather products (19%), plastic products (11.5%) and other products.
The report also pointed out that Paraguay's export processing industry (Maquila) flourished in recent years, and the main export markets were members of the southern common market. Paraguay's processing export industry was 95% for outsiders, most of which came from Brazil, Argentina and Uruguay.
Paraguay's processing export industry over the years
Committee
72 operators have been approved and put into operation, and 8459 job opportunities have been created (3084 jobs were created between August and July of this year).
In recent years, Brazil enterprises have invested in Paraguay.
Interest
As the industry grows day by day, the Ministry of Commerce and industry of Paraguay intends to organize an investment delegation to Brazil to hold the "Paraguay economic and trade investment opportunities exposition" on 5 (11) 5. At that time, the Brazil St Paul Industry Association will go to the conference to attract more Brazil enterprises to invest in Pakistan.
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