According to data from the Ministry of Development, Industry and Foreign Trade (MDIC), Brazilian foreign sales to Paraguay have grown by 40% in the last five years, and went from US $ 3,1 billion in 2010 to US $ 4,4 billion in 2014. Last year, national exports to the neighboring country expanded by 9% compared to 2013, the year in which foreign sales totaled around $ 4 billion.

 

Brazilian and Paraguayan authorities have been working to reduce smuggling on the border between the two countries. Since July of last year, a measure of the Brazilian government has reduced the share of purchases for Brazilian tourists who enter the country by land to US $ 150 dollars per person, compared to US $ 300 dollars.

 

Source: Dinheiro Rural Magazine (23/03)

 

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