World trade is increasingly open, and the number of free trade agreements signed between countries on five continents is expanding every year. In the last decade, importing to Paraguay from the USA has been simplified and standardized rules for customs and port management have been adopted.
This has made the work of international freight operators easier, faster, and safer, and has reduced costs for all parties involved in the loading and unloading of goods.
In the last 15 years, international trade has grown at an accelerated pace in Paraguay and other Latin American countries such as Chile, Peru, Mexico, and Brazil. Thousands of tons of several types and origins of goods enter and leave Paraguay’s ports every year.
Import to Paraguay from USA
In Paraguay, imports not only meet the population’s basic needs, but also greatly support the development of the country’s industry and infrastructure.
In short, Paraguay has all the conditions for a successful career as an importer if you want to become one. If that is your goal, you don’t need a big company or a lot of money to achieve it.
However, you have to be careful, disciplined, and have a solid business plan. Here is some useful information provided by adsgroup.cl for companies importing to Paraguay.
What products Paraguay imports from the United States
Automobiles, petroleum, broadcasting equipment, and fertilizers are the main products of Paraguay’s imports from the United States, as well as computer equipment.
Documentation required to import from the United States to Paraguay
According to Article 19 of the Legislative Decree 4672/2005, these are the registration requirements for importers:
- Single Taxpayers Registry (R.U.C.)
- Municipal license
- Opening balance sheet for the last fiscal year, certified by the competent authority
- Identity document of the signatory
- Company’s corporation and capital certificate
- Company registry and commercial registry entries
- Association articles
- Minutes of the last general meeting. -S.A.
Transportation cost from Miami to Paraguay
All costs depend on transit times, size parameters, and cargo requirements. You can contact us directly in our offices if you require specific costs.
Additional costs to import from the United States into Paraguay
According to MERCOSUR procedures, all goods imported into Paraguay are subject to CET by the customs authorities. The total amount of import duties is calculated based on the total value of the shipment, including CIF (cost, insurance, and freight).
Taxes and customs duties by product
For the lifting of goods, applicable duties and taxes must be paid. Paraguay, a founding member of MERCOSUR, applies the MERCOSUR Common External Customs Tariff (AEC), with costs fares ranging from 1% to 35%, depending on the type of merchandise.
When calculating the taxes payable on imported goods, it should be considered that not only this tax is paid. There is also a 7% INDI tax, a 10% V.A.T. and a 0.5% fee for using the Valuation Service.
These percentages are calculated considering the invoice price plus freight and insurance costs for every product, petroleum, automobiles, broadcasting equipment, fertilizers, and computer equipment.
Transit times (air and sea)
The maritime transit time to import to Paraguay from the USA takes approximately 18 days to complete the due process concerning the goods. For air shipping, the transit time is around 24 hours.
Major ports (air and sea)
These ports facilitate the flow of cargo to and from Paraguay and have a positive impact on the country’s economy and on bilateral relations with Paraguay in the Latin American region: some of the seaports are the Asunción Port and the Villeta Port.
On the other hand, in terms of commercial and air cargo traffic, Guarani International Airport is the second most important airport in the Republic of Paraguay, after Silvio Pettirossi International Airport.
Free Trade Agreements
Paraguay is one of the Mercosur (Southern Common Market) original members. In addition to the Mercosur agreement, Paraguay has free trade agreements with the Latin American Integration Association (ALADI) and the Latin American and Caribbean Economic System (SELA).
Restrictions on importing from Paraguay to the United States
It is forbidden to ship the following items from Paraguay to the United States. Some products may require multiple regulatory clearances, which may increase transit time.
- Organs or body parts, human corpses, human and animal embryos, human remains, whether cremated or exhumed
- Explosives (although Class 1.4 explosives are permitted for transport to the USA)
- Live animals, including insects
- Pornographic or obscene material
Do I need insurance to ship freight?
Yes, that’s why adsgroup.cl and the directors of SSM Seguros will advise you in choosing the best international transport insurance to protect your cargo, so you can travel with peace of mind, whether by air, sea or land. Offering:
- Advantages of an NVOCC (Non Vessel Operating Common Carrier)
- In the United States, NVOCC advantages include preferential rates, flexibility, and exclusivity for our customers, such as access to our warehouse in Miami without any additional cost and the best ground transportation options to all USA states.
In addition, with ADS Group you can find warehousing in Miami and information on customs procedures. With more than 16 years of experience driving business ADS Group is a multinational company with a presence in four countries which makes us successful. We take care of your cargo Low Cost rates are the best and we offer alternatives that suit your preferences.