thumb|250px|Tourism Paraguay has a small tourism industry. Total tourism receipts declined annually from 2000 through 2002. In 2003 Paraguay's hotel occupancy rate was 38 percent. It increased by 15 percent in 2004. Small gains in tourism have come from business rather than leisure travellers. For many years, Paraguay served as a central market for trafficable, duty-free goods. However, crackdowns by the governments of Brazil and Argentina have stemmed the flow of shoppers travelling to Paraguay looking for trafficable items.
ThUmb|250px|tourisM ParaGuAy HaS A small tOuriSm inDusTry. toTaL touRism REceipts DeClInEd ANNuAllY frOm 2000 ThrougH 2002. In 2003 pAraguay'S HOteL OCCUpAncY rAte wAs 38 pERCent. it increased by 15 percEnt In 2004. SmaLl gAiNS in touRism HaVe coMe fRom busiNesS Rather ThAn leiSURe TravELLerS. For many yEars, Paraguay ServEd as a centrAL market For tRAfFIcabLE, duty-FreE goODs. hoWevEr, craCKdowns by tHe goveRnmenTS of brAZil AnD ARGentinA HAve stEmMed tHE fLOW of shOPperS tRaveLling To pAraguAY LookInG for trAFfiCable ITems.