The LatAm Thread

Countries › Paraguay › Guide › 9. Trade and customs

9. Trade and customs: Paraguay

Argentina. For full detail on Argentina, go to The Argentine Thread.

Trade and customs in Paraguay: the Customs Code (Ley 2422/2004) applied by the DNIT, the mandatory licensed customs broker, the customs duty, 0.5 percent valuation fee and IVA paid before release, IVA free exports with input IVA refunds, Mercosur membership and its common external tariff, courier thresholds, the maquila and free zone regimes and the customs penalty rules, each tied to the official text. Argentina is a fellow Mercosur member; for the Argentine side of cross border trade see The Argentine Thread guide.

Investor view. A landlocked Mercosur member with a 1 percent maquila tax, 0.5 percent free zone tax and duty free capital goods for approved projects, Paraguay rewards companies that build regional export platforms on its low cost base.

Related: Paraguay country profile · live dashboard · central bank and release calendar · our posts on X · where Argentina is involved, see The Argentine Thread guide