Cocoa and Palm Oil Lead Panamanian Exports

During the first 11 months of 2010, cocoa and palm oil were the 2 agricultural products which increased their sales the most.

Monday, February 7, 2011

According to the Commerce and Industry Ministry (Mici), cocoa exports increased from $ 957.8 thousand in the first 10 months of 2009 to $ 2.8 million in the same period of 2010. During the same time-frame, palm oil exports rose from $ 781.4 thousand to $ 4.15 million.

"These two products helped maintain the level of the Panamanian exports, however, there was a fall of 9.4% of total exported products from the country due to lower sales in some segments," reports Prensa.com.



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Figures from the Information System on the Palm Oil Market in Central America provided by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]

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Panama: Palm Oil Exports Gaining Pace

June 2011

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"Although it is not the product with the largest volume exported, the achievement is notable when taking into account that shipments of Panamanian goods to other markets have shrunk overall by 10% due to lower demand, climatic factors and financing., " noted an article in Prensa.com

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