In recent times authorities in European Union and Central America have been in talks regarding establishment of a platform that would enable them to carry on interaction at an economic level like trading activities for one. Paraguay is an important one in this regard.
Argentina is among leading producer of wheat. Among its primary export partners is Southern Common Market, or Mercosur, which includes Paraguay among its prominent members.
Normally major export items of North Korea are minerals, textiles, metallurgical products, agricultural and fishery products and manufactures, which includes armaments.
As per Paraguay export, import and trade data it has become a major trading partner of beef. It happened when Uruguay, which was another former major beef trading partner of Chile, increased price of its exports and supplies were restricted from Brazil and Argentina.
As per latest information from Paraguay import and export sector it is a major importer of furniture made by leading companies in Brazil. Among other names in this regard are USA, Mexico and Canada.