P A G E 1
Industries in Paraguay
|
TAIPU- the largest
power plant in Paraguay
|
In the 1970s industry was largely linked to the success of agriculture because people needed food. With Paraguay’ s growing population and demand for food, there needed to be a faster more efficient way too farm. That’ s were the manufacturing industry comes in. It built the tools and machines needed |
for the advancing agriculture. In the 1980s industry mainly consisted of manufacturing and construction. Those industries relied on the advance in agriculture and energy, but when agriculture started rapidly increasing the GDP of industry decreased. Around 2003, industries in Paraguay had a 25 % |
GDP that continued to increase. Its industries also took up 31 % of the labor force. Currently the pharmaceutical industry is starting to make an impact in the countries GDP. |
GDP— Gross
Domestic Product— The total value of goods produced and services provided in a country during one year.
Cargo Carrier in Asuncion River in Paraguay
The earliest manufacturing industries in Paraguay processed hides and leather from its many cattle and tannin from its Quebracho trees, a hard wooded tree. The manufacturing industry was rapidly growing until WWII, which turned Paraguay into a mainly agriculture country. In 1986, while industry in Paraguay was declining, the manufacturing industry made up around 16.3 % of the countries GDP and about 13 % of the labor force. This
Manufacturing Industry
made Paraguay one of the least industrialized countries in Latin America. The growth of the manufacturing industry was met with many obstacles such as the costly access to sea ports, small internal markets, the lack of energy production, and smuggling operations. In the late 1980s, the divisions of manufacturing were food, beverages, tobacco, textiles an d clothing related material, wood related products, chemicals, petroleum, and plastics. The most dominant divisions were food, beverages, and tobacco. They accounted for 45 % of industrial activity. In the 1990s, begins a steady growth in the manufacturing industry. By 2000, manufacturing takes up 11 % of the entire work force. By 2003, manufacturing makes up 13.6 % of the GDP. It seems like the GDP has decreased and it has, but that doesn’ t mean that manufacturing has. It just means that other industries and contributors are also thriving.
T R A V E L P A R A G U A Y
Celecia Blyden