Paraguay

Paraguayan corn exports increase in H1 2023

By RT Staff Reporters · July 22, 2023 · 1 min read

In the first half of 2023, Paraguay reported an increase in corn exports, according to the Cámara Paraguaya de Comercializadores y Exportadores de Cereales y Oleaginosas (Capeco).

Corn exports reached 557,130 tons, marking a 24.8% rise compared to the same period in the previous year, when 446,274 tons were exported.

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This surge brought an additional US$19 million in revenue, reflecting a 16.3% increase and contributing to the local economy.

Paraguayan corn exports increase in H1 2023. (Photo Internet reproduction)

Central Bank of Paraguay data shows total earnings from corn exports as of June 2023 stood at US$135 million, up from US$116 million in the same period in 2022.

The major destinations for Paraguay’s 2023 corn exports were Brazil, claiming 76% of the total, and Uruguay with 24%.

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Paraguayan corn exports increase in H1 2023

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