A US$5.5 million cargo of biodiesel bound for Singapore was the biggest single new trade flow Paraguay logged in the first seven months of 2026. That is the figure given by Pytagua, citing the country’s Investment and Export Network, known as Rediex. The Asunción Times, working from the same data, rounded it to US$5 million.
Rediex, which sits under the Ministry of Industry and Commerce (MIC), counted 75 products reaching 43 new destinations between January and July. Eight of those were first-time cases, products arriving in a particular market for the first time.
What counts as new
The ministry set a threshold. A product-destination pairing qualifies only if shipments passed US$50,000 in 2026 and never reached that amount between 2019 and 2025. The rule is meant to screen out one-off or low-volume sales, so the list is shorter and tidier than a raw count of customers would be.
Nepal, Malaysia and beyond
Nepal drew the most attention. It took Paraguayan sunflower oil, mung beans and cotton fibre for the first time. The Asunción Times noted that the country sits between India and China, which makes it a useful foothold. Sunflower oil also found a buyer in Malaysia.
Closer to home, Uruguay received safflower oil and modular electric containers. Guyana took aluminium electrical conductors. In Europe, Ukraine became a market for salted beef casings, and Sweden for plywood, according to Pytagua. The Asunción Times described the Swedish product as wood veneers.
The openings cut across agribusiness, manufacturing, forest products and livestock.
Turning one-offs into habits
Massimiliano Corsi, president of the Paraguayan Chamber of Biofuels and Renewable Energy (Biocap), said the Singapore shipment showed that the country can turn raw materials into renewable energy and meet international demands on quality, stability, traceability and technical specifications. He said the aim is to convert single deals into long-term trading relationships, with possibilities in Europe, the Americas and Asia.
Pytagua was careful about what the numbers prove. New sales channels now exist, it reported, but consolidating them depends on repeat transactions and on meeting the standards each market sets.
Sources
- Paraguay exports 75 products to 43 new destinations, including biodiesel to Singapore – Pytagua
- 75 Paraguayan Products Reach New Markets, Including First Shipments To Nepal
