Paraguay aims to export 100% industrialized products and will have a record wheat harvest

Published 2024년 10월 7일

Tridge summary

Paraguay is set to achieve a record wheat harvest of 1.4 million tons this year, with half of the production intended for the local market and the remainder for export as raw material. The country's Chamber of Millers is considering the possibility of industrializing half of the production to increase export value and establish a strong Paraguayan brand. Currently, Brazil is the primary consumer of Paraguay's wheat exports, but there are plans to expand to other regional markets, including Chile and Uruguay. The wheat industry in Paraguay creates employment for 5,000 people.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, Paraguay expects to harvest 1.4 million tons of wheat, which will represent a record figure, according to Enrique Arrúa, vice president of the Paraguayan Chamber of Millers. He pointed out that half of this production is destined for the local market, converted mainly into wheat flour, and that the rest is exported abroad, as raw material without industrialization. “The challenge is to industrialize the remaining 50% because we have the capacity to do so and export a product with added value and a Paraguayan brand,” said Arrúa in an interview with the state media. “Our goal is to become an agro-industrial exporting country because Paraguay produces twice as much wheat as it consumes,” he added. Currently, the main market for Paraguayan wheat exports is Brazil, and with the industrialization of production, the aim is to open other export windows to countries in the region. In this sense, Arrúa pointed out that Chile is an important destination with which the Paraguayan ...
Source: Elagro

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