Monday, September 9, 2024 The worsening drought in South America, particularly in Brazil, has resulted in record-low water levels in major rivers such as the Paraguay and Paraná rivers. This significant environmental issue is causing widespread disruptions in river navigation, which is crucial for the transportation of grains, such as soy and corn, and is impacting not just local industries but the travel and tourism sector as well. The ramifications of this crisis are expected to influence not only South American economies but also international trade, travel routes, and tourism patterns, given the role these rivers play in regional logistics and commerce.
In Paraguay’s capital, Asuncion, the Paraguay River has reached historic lows, with water levels dropping below minus 0.82 meters based on a “zero” index rather than the riverbed. The national Meteorology and Hydrology Directorate has confirmed that this is the lowest recorded level, surpassing the previous record from October 2021.
The lack of rainfall, driven by a severe drought originating in Brazil, has exacerbated the situation and further limited navigation on the river, which is crucial for South American trade. The Paraná River, another vital waterway in the region, has also seen a steep decline, especially around Argentina’s grains hub, Rosario. Both rivers, which originate in Brazil, are essential for the transportation of agricultural commodities like soy and corn.
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