São Paulo Strengthens Business Ties with Paraguay to Boost Trade and Investments
São Paulo Negócios is promoting Paraguay as a key market for São Paulo companies, targeting sectors like technology and agro-industry to boost trade and investment ties.
- • São Paulo Negócios identifies Paraguay as a strategic market for business growth.
- • Key sectors include technology, textiles, agro-industry, and services.
- • 2025 São Paulo exports to Paraguay were $62.1 million, with imports at $29.17 million.
- • A projected 20% increase in trade relations between São Paulo and Paraguay.
- • Plans to engage Swedish technology companies to strengthen Mercosur-EU business links.
Key details
São Paulo Negócios, the investment and export promotion agency for São Paulo, is actively promoting Paraguay as a strategic market for business expansion. The agency highlights sectors such as technology, textiles, agro-industry, construction, logistics, retail, and specialized services as having significant growth opportunities. A recent visit led by the agency showcased Paraguay's favorable investment environment and its demand for industrial goods, technological solutions, and high-value services.
Alessandra Andrade, president of São Paulo Negócios, emphasized that Paraguay offers a lower industrial tax burden than Brazil but lacks international visibility, a gap São Paulo aims to fill. In 2025, São Paulo’s exports to Paraguay reached $62.1 million, mainly industrial goods, against imports of $29.17 million. Andrade projects a 20% growth in trade relations between the two regions in the coming years.
Additionally, São Paulo Negócios plans to expand its engagement by hosting a mission to Sweden soon, aiming to attract technology companies and strengthen São Paulo's positioning as a business gateway between Mercosur and the European Union. This strategy underlines São Paulo's role in leveraging international partnerships to enhance regional economic integration.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
