This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/23/2019

Overview

Paraguay’s landlocked location in the heart of South America, and at the confluence of the Paraguay and Parana Rivers, places the country at an advantageous position along many of the continent’s principal trade routes.  The Paraguay and Parana Rivers jointly form a 3,302-kilometer waterway system connecting Argentina, Brazil, Bolivia, Paraguay, and Uruguay.  It is a major transportation route for goods from the continent’s interior to the Atlantic Ocean through the Rio de la Plata, and vice versa, and carries nearly 80 percent of Paraguay’s trade.  At present, the movement of goods on the waterway includes manufactured products, grains, oilseeds, oils and by-products, ore, minerals, steel, and petroleum.  However, Paraguay needs significant infrastructure investments in improving its portion of the waterway to better leverage its strategic location. 

Sub-Sector Best Prospects

River engineering projects would create multiple opportunities for U.S. firms.  There could be significant potential for engineering and project management services, dredges, river gauges and flood monitoring equipment, navigation aids, and construction equipment and materials.

As crop production increases, private river ports are multiplying rapidly.  This is especially noticeable in the area of Villeta, 30 km south of Asuncion.  Its strategic location, along with Paraguay’s low cost of labor, is transforming this city into a booming industrial center with several river ports recently constructed.  This sort of increased need for port infrastructure creates a potential opportunity for U.S. exporters.

Opportunities

The Government of Paraguay considers the improvement of the country’s waterway infrastructure a top priority.  Improvement projects along the Paraguay-Parana waterway could include multiple sub-projects, such as deepening river beds, dredging, constructing ports, improving navigability and safety, and increasing capacity in terms of vessels, maintenance and services.  These tenders are advertised on the Ministry of Public Work’s website and the government’s public contracting office (DNCP) website

Web Resources

Intergovernmental Coordinating Committee of the River Plate Basin Countries
Paraguayan Ministry of Public Works
National Directorate for Public Contracts
Department of State Business Information Database System (BIDS)

 

Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.