Activity in Colón Free Trade Zone Reduced by 11.7%

Official data confirm that imports and exports in January 2009 totaled $1.178 billion and in January 2008 they reached $1.334 billion.

Monday, February 16, 2009


Dialogo published on its website: "Approximately 2,500 companies dedicated to display, import, re-export, storage, repackaging, assembly, processing, design, product or raw material creation and tax-free goods are located in the zone. Several banks that provide financial services to the users are also located there."

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Activity Falls by 11.6% in Colon Free Zone

March 2009

In February 2009, imports and re-exports totaled $1.143 billion or 11.6% less than in February 2008.

Surse Pierpoint, vice president of the Association of Colón Free Zone Users, told that: "There seems to be a trend, a cooling in the commercial movement of the markets we serve," and under normal conditions this would "be worrisome.

Growing Movement in Colon Free Zone

June 2011

If the trend continues, the amount of goods unloaded this year looks set to reach $24 billion.

The economic boom that Panama is experiencing is reflected in all sectors, and the Colón Free Zone (CFZ) is no exception.

Between January and May alone, the movement of trade exceeded $10 billion, a figure that could reach $24 billion at year end if the trend of growth continues and new investments materialize.

Colon Free Zone Is Alert to Venezuelan Crisis

February 2014

The concern is that the economic situation in the South American country will make the recovery of outstanding debts even more difficult.

The conflict currently facing Venezuela worries the Colon Free Zone (CFZ), as this may aggravate the collection of debts that are still owing.

Trade in CFZ Growing at 9%

April 2013

In January, the Colon Free Zone registered trade of $2 billion, an increase of $172 million compared to the same period of 2012.

Regarding imports, in January revenue was reported of $1.0701 billion, which represents an increase of $137 million compared with the same period of 2012, when revenues were $933.1 million.

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