According to Carlos Medina, the director of the Chilean-Paraguayan Chamber of Commerce, Paraguay has all the potential to become a world leader in fruit production thanks to the richness of its land, its privileged climate, and abundant water resources.
Paraguay has recently made its first shipment of bananas to Chile. Medina said that the shipment of banana was only the beginning, as the country also achieved the opening of that market for its pineapple, and later on for mangoes, and watermelons, as contemplated in a project to forge a National Tropical Fruit for Export Plan, that will be developed by the local government with the collaboration of the institutions of both countries.
Medina also stressed that thanks to this commercial relationship, Paraguay could export its fruits to Asian markets using Chile as a logistics platform. "There is sustained growth in the global fruit and organic food market due to health issues and new nutrition trends. Asia will be of vital importance in this growth due to the vertiginous growth of its middle class," he added.
According to data from the Central Bank of Paraguay, BCP, during 2019 banana exports increased by 44%, as exports went from 8.1 million in 2018, when its only market was Argentina, to $11.6 million dollars in 2019, when they also made exports to Uruguay.