Rice, cotton and beef conquer new markets

Published 2024년 6월 6일

Tridge summary

Paraguay has experienced a resurgence in cotton exports, shipping 325.7 tons to Portugal between January and April, earning $556,549. This is part of a larger export effort, with the Central Bank of Paraguay reporting that the country exported 14,495 tons of cotton fiber to eight countries, including new market, Uruguay, bringing in $24.4 million. Additionally, Paraguay began exporting rice to the Dominican Republic, earning $950,498 from 1,814.4 tons. In the first four months of 2024, Paraguay exported 357,008 tons of various goods to over 20 countries, generating $190.5 million in revenue.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Nikolaus Osiw, director of Competitive Intelligence at Rediex, mentioned to Productiva that, based on data from the Central Bank of Paraguay (BCP), our country exported 325.7 tons of cotton (without carding or combing) to Portugal between January and April. , which generated foreign exchange worth USD 556,549. In that sense, he highlighted that Paraguay is demonstrating the high quality and competitiveness of this product in Europe. «Paraguay has traditionally been a large exporter of cotton, until in the 90s it declined due to issues of quality and competition. After three decades the situation changed and it began to produce its own cotton and export, so this market was opened again. for us,” Osiw added. In total, according to BCP data, between January and April 2024 Paraguay sent eight markets: Indonesia, Vietnam, Switzerland, Turkey, Bangladesh, Germany, Portugal (new) and Uruguay a total of 14,495 tons of cotton fiber for a value of USD 24.4 million. On the other hand, he ...

Source: Productivacm