Moderators Moderator_02 Posted December 24, 2018 Moderators Share Posted December 24, 2018 Quote Panama exports climb 3.6 percent Posted on December 23, 2018 in Business, Panama Post Views: 131 Panamanian exports came to $583.9 million in the first 10 months of 2018 an increase of 3.6% compared to the same period last year. Bananas, waste, and scrap of steel, copper and aluminum; wood, fishmeal and fish oil, and unrefined sugar are the main economic indicators that drove the growth The sale of 242.2 million kilograms of bananas totaled $85.8 million dollars, an increase of 2.4% according to the Comptroller General. Of the 15 items analyzed by the Comptroller’s Office, 9 recorded a growth in the value of exports. Other products of the sea (tuna, tilapia, cobia, and dorado), waste and scrap of steel, copper, and aluminum; and unrefined sugar are the three segments that recorded the largest percentage increase. Between January and October of 2018, 50.4 million kilograms of unrefined sugar were exported to the United States for a value of $27.5 million dollars. 22.9% more than the value paid for shipments last year. Rodrigo Cárdenas, general manager of the Agroindustrial Division of the Calesa Group, said that the difference between one year and another of this product is due to the fluctuation of the price of the quintal of raw sugar. In Panama, mills have an export quota of 36,000 metric tons of raw sugar per year to the United States. The quota is distributed among the four sugar mills that operate in Panama and each one corresponds to 9,000 thousand metric tons of sugar. Most mills export their quota between April and May when the sugar harvest in the country ends. https://www.newsroompanama.com/business/panama-exports-up-3-6-percent Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 27, 2019 Author Moderators Share Posted January 27, 2019 Quote Business Roundtable to promote Panama exports Posted 26/01/2019 Panama’s Chamber of Commerce. Industries and Agriculture of (CCIAP), in strategic alliance with the Ministry of Commerce and Industries (MICI) will host the 2nd National Business Roundtable, on March 28 in the framework of EXPOCOMER 2019, (March 28-29) with the objective of boosting Panamanian exports in the international market. Gabriel Barletta, president of CCIAP, said that EXPOCOMER, is the ideal platform for companies to strengthen their businesses and promote trade between the business sectors of more than 20 countries meeting for four days in the exhibition. https://www.newsroompanama.com/business/business-roundtable-to-promote-panama-exports Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted May 20, 2019 Author Moderators Share Posted May 20, 2019 Quote Panama exports plummet in first quarter Posted 19/05/2019 Panama exports fell 7.6 percent in the first quarter of the year reports the Comptroller General. The sale of products such as banana, melon, wood, tuna, tilapia, cobia and dorado accounted for $156.8 million between January and March 2019. The figure represents a decrease of 7.6% compared to the same period of 2018, only four report an increase in the value of their sales-- bananas, melon and watermelon, and unrefined sugar. Some, 84.9 million kilograms of banana were exported, for a value of $29.8 million . an increase of 24.7% compared to the first three months of last year. "This trend could begin to reverse in the second half of the year, when exports of beef, cobia, and fruit to China would be added." The greatest fall in the value of exports is recorded in other seafood (tuna, tilapia, cobia and dorado), shrimp, fish and fish fillet. Sales of steel, copper and aluminum waste and scrap also declined. Rosmer Jurado, president of the Panamanian Association of Exporters (APEX), believes that until the first half of the year will be accounted for "a modest growth" and this mainly due to adverse weather conditions and a fall in international prices of products such as wood and coffee. "We are going through a situation that is affecting us all in the region," said Jurado. However, it believes that this trend could begin to reverse in the second half of the year when the exports of beef, cobia, and fruit to China will be added. The Netherlands, the United States, China, India, Costa Rica and Taiwan are the main destinations for Panamanian exports. https://www.newsroompanama.com/business/panama-exports-plummet-in-first-quarter Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted November 9, 2019 Author Moderators Share Posted November 9, 2019 Quote Panamanian Exports Up 7% In August 2019, sales abroad totaled $63 million, 7% more than the amount reported in the same month last year. Thursday, November 7, 2019 The most recent figures from the General Comptroller of the Republic, detail that between January and August 2018 and the same period in 2019 exports reported a minimum decline, going from $487 million to $485 million. For the periods in question, banana exports grew 27%, rising from $69 million to $88 million, and in the case of "other exports", which include copper concentrate, rose 8%, from $129 million to $139 million. On the other hand, fish sales dropped 31%, from $45 million to $31 million. See full statistics. https://www.centralamericadata.com/en/article/main/Panamanian_Exports_Up_7 Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted December 18, 2019 Author Moderators Share Posted December 18, 2019 Quote Latin Amerca exports contract, Panama positive Posted 17/12/2019 Exports of goods from Latin America and the Caribbean entered contracted 2.4% in 2019. It is estimated that the value of total external sales in the region will fall by 2.4% in 2019, after growing 8.7% in 2018 and 12.2% in 2017. said a Latin American Development Bank (IDB) report published on Tuesday, December 17. Panama appears among the countries that managed to stay in positive territory, with an estimated 3% growth, driven by shipments to Europe and the rest of Latin America. According to the IDB, increases in foreign sales in the Dominican Republic and Panama and, to a lesser extent, in Costa Rica, Guatemala and El Salvador offset the contraction of Honduras. The official statistics of Panama, until the month of October, marked a trend still above the expectations of the agency. The value of exports of goods increased by 4.6%, according to the Comptroller General. The net value of the shipments was $610.6 million, from January to October. The banana reflected a 33.2% increase, for the melon the improvement was 58.1%, the watermelon was 33.9% and the coffee 40%. In Panama, however, negative variations were recorded in the pineapples (23.1%), shrimps, down 38.9%; fish and fish fillet, with a decrease of 23.9% and unrefined sugar, with a decline of 13.8%. https://www.newsroompanama.com/business/latin-amerca-exports-contract-panama-positive Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 8, 2020 Author Moderators Share Posted January 8, 2020 Quote Panamanian Exports Grow at 5% Up to October 2019, sales abroad totaled $611 million, exceeding by 5% the amount reported for the same period in 2018. Monday, January 6, 2020 The most recent figures of the General Comptroller of the Republic, detail that between January and October 2018 and the same period in 2019 exports reported a rise, going from $584 million to $611 million. For the periods in question, banana exports grew 33%, increasing from $86 million to $114 million, and in the case of watermelon sales rose by 34%, from $9 million to $12 million. Fish sales, on the other hand, recorded a 24% drop, falling from $52 million to $39 million. See full statistics. https://www.centralamericadata.com/en/article/main/Panamanian_Exports_Grow_at_5 Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted February 8, 2020 Author Moderators Share Posted February 8, 2020 Quote Exports in Panama: 6% increase in 2019 During 2019, sales abroad totaled $713 million, exceeding the amount reported in the previous year by 6%. Thursday, February 6, 2020 Data from the General Comptroller of the Republic, detail that between 2018 and 2019 exports reported $41 million increase, from $672 million to $713 million. For the periods in question, banana exports grew 30%, increasing from $106 million to $138 million, and in the case of fish meal and oil sales rose by 57%, from $47 million to $75 million. On the other hand, beef sales registered a 62% increase, growing from $20 million to $32 million. See full statistics (in Spanish). https://www.centralamericadata.com/en/article/main/Exports_in_Panama_6_increase_in_2019 Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted June 15, 2021 Author Moderators Share Posted June 15, 2021 Quote Panama exports surge 77.4% in first quarter Watermelon one of the products that showed positive growth Posted 14/06/2021 Exports in the first quarter of the year reached $1.85 billion, an increase of 77.4% compared to the same period last year and the first time Panamanian exports exceeded one billion in a four-month period. Of the total copper, exports totaled $856.8 million Roberto Tribaldos, president of the Panamanian Association of Exporters (Apex), commented that it is important to increase the diversification of the country's export basket through added value. Watermelon, palm oil, wood, medicines, aluminum containers, and cardboard packaging are the products that registered positive growth between January and April. Tribaldos pointed out that the problems facing Colombia are affecting its exports, which has been taken advantage of by Panamanian companies https://www.newsroompanama.com/business/panama-exports-surge-774-in-first-quarter Quote Link to comment Share on other sites More sharing options...
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