Paraguay: Growth of the pork industry is highlighted

Published 2024년 11월 24일

Tridge summary

Paraguay has experienced a significant growth in its pork exports, with a 76% increase in volume and 96% increase in value from January-October 2024 compared to the same period in the previous year, according to Vice Minister Méndez. This success is attributed to the country's stringent health and traceability standards, positioning it as a reliable export partner. Taiwan is the primary buyer, accounting for 90% of the total exported value. Public policies such as Law 60/90, which offers tax incentives for investments, have also contributed to the sector's growth. José Carlos Martin, president of Senacsa, believes the private sector's investment in breeding and multiplication of pigs could further boost Paraguay's global contribution to non-traditional food chains.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

“The most recent data (January-October 2024) highlights a 76% growth in volume and 96% in value of exports compared to the same period last year,” said Vice Minister Méndez within the framework of the VI International Seminar “Health in the Pork Industry in the Region”, organized by the Embassy of Taiwan in Paraguay and Senacsa. This success, according to the Vice Minister, is due in part to the rigorous health and traceability standards that position Paraguay as a strategic and reliable partner for international markets. In this sense, she highlighted the role of Taiwan as the main commercial partner in the pork sector, with 90% of the total exported value, which reflects not only the quality of Paraguayan products, but also the trust placed in the country as a supplier of excellence in highly demanding markets. Méndez mentioned that public policies also contributed to the growth of the sector, such as Law 60/90, which grants tax incentives for investments, in addition to the ...
Source: Agromeat

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