Paraguay Business Directory & List of Companies

1. Brief Overview of Paraguay

Paraguay, situated in the heart of South America, is a landlocked country known for its rich cultural heritage and stunning natural landscapes. Covering a total area of approximately 406,752 square kilometers, it is home to a population of around 7 million people.

Paraguay on Map - see more from Google map

2. Provinces in Paraguay

Paraguay is divided into 17 departments (provinces), each with its unique charm and characteristics. Here are the provinces, their capitals, and approximate populations:

• Asunción: Capital - Asunción, Population - Approximately 2.2 million
• Central: Capital - Areguá, Population - Approximately 2.1 million
• Concepción: Capital - Concepción, Population - Approximately 280,000
• San Pedro: Capital - San Pedro del Ycuamandiyú, Population - Approximately 400,000
• Cordillera: Capital - Caacupé, Population - Approximately 300,000

3. Top Cities in Paraguay

Paraguay's urban centers are vibrant and culturally rich. Here are five of the most populous cities:

1. Asunción: Population - Approximately 2.2 million
2. San Lorenzo: Population - Approximately 290,000
3. Ciudad del Este: Population - Approximately 280,000
4. Capiatá: Population - Approximately 250,000
5. Lambaré: Population - Approximately 200,000

4. Economy of Paraguay

Paraguay's economy is characterized by its strong agricultural sector, trade, and investment-friendly policies. Key economic indicators include:

• Gross Domestic Product (GDP): Approximately 45 billion USD
• GDP Growth Rate: Variable but consistently positive
• GDP Per Capita: Approximately 6,500 USD
• Exports: Mainly agricultural products, soybeans, and beef
• Imports: Machinery, vehicles, and consumer goods

5. Top Companies in Paraguay

Paraguay is home to several prominent companies that contribute significantly to its economy. These companies operate in various sectors, including agriculture, manufacturing, and services. Although they may not have official websites, they play a vital role in the country's development.

Some of the noteworthy companies include:

ADM Paraguay: ADM is a global leader in agricultural processing and trading, with a strong presence in Paraguay's soybean industry.

Copetrol: Copetrol is a major player in the fuel distribution and retail sector in Paraguay, serving both individuals and businesses.

Grupo Cartes: Grupo Cartes has diversified interests, including tobacco production, soft drinks, and financial services.

Industrias Frigoríficas del Paraguay (IFRISA): IFRISA is a significant company in the meat processing and export industry, contributing to Paraguay's beef sector.

Yerba Mate Campesino: This company is known for producing traditional Paraguayan yerba mate products, contributing to the beverage industry.

6. Top Banks in Paraguay

Paraguay's banking sector is well-developed, with several financial institutions providing a range of banking services to residents and businesses. While these banks may not have official websites, they are integral to the country's financial system.

Some of the prominent banks include:

Banco Nacional de Fomento (BNF): BNF is a government-owned bank that supports economic development and provides financing solutions.

Banco Itaú Paraguay: Itaú is a leading commercial bank in Paraguay, offering a wide range of financial services to customers.

Banco Continental: Banco Continental is known for its retail and commercial banking services, serving a broad customer base.

Banco Sudameris Paraguay: Sudameris Paraguay provides banking solutions to individuals and businesses, contributing to the financial sector's growth.

Banco Regional: Banco Regional is a significant player in the banking industry, offering diverse financial services to its customers.