In January 2012 the value of imports brought in Panamanian ports, excluding companies operating from the CFZ, reached $944.5 million, $171.1 million more than in the same period last year.
Friday, May 18, 2012
From a press release from the Ministry of Economy and Finance of Panama:
The value of imports for the month of January 2012, placed in Panamanian ports, excluding companies that operate from the Colon Free Zone, reached B/.944.5 million ($ 944.5 million), which is B /. 171.1 million ($ 171.1 million) or 22.1% more than in the same period last year, according to a study by the Economic and Social Analysis Unit at the Ministry of Economy and Finance (MEF), based on figures from the National Institute of Statistics and Census, the Controller General of the Republic.
The study emphasizes that growth is attributed to a demand for goods caused by increased economic activity (weight increase 29%).
It stresses that foreign purchases were concentrated in minerals and petroleum B/.220.4 million ($220.4 million), machines and sound reproducing apparatus B/.156 million ($156 million), transport equipment B / 112.6 million ($112.6 million), base metals B/.74.8 million ($74.8 million), chemicals B/.69.7million ($69.7 million) and food B/.61.3 million ($61.3 million) .
The report from the Economic and Social Analysis Unit, emphasizes that the main suppliers were the United States (23.4%), China (6.3%), Costa Rica (4%), Mexico (3.6%), Colombia (3.7%), Japan (3.7%) and South Korea (3.5%). 21.5% came from the Petroleum Free Zone and l0.8% from the Colon Free Zone.
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Last year, Panama reported purchases abroad for $13.233 million, recording a 4% increase over 2017, a rise explained by purchases of consumer goods.
The most recent report of the General Comptroller of the Republic details that between 2017 and 2018 purchases abroad increased by $509 million, going from $12.724 million to $13.233 million.
From January to September of this year, foreign sales totaled $531 million, resulting in a 5% increase over the same period in 2017, mainly explained by banana and sugar sales.
The most recent figures of the General Comptroller of the Republic detail that between the first nine months of 2017 and the same period of 2018 exports rose from $506 million to $531 million, an increase partly explained by the behavior of banana and sugar sales.
For the first quarter, there were $2.68 billion exported; $169 million less than during the same period in 2008.
The areas that dropped the most were banking services and re-exports from the Colón Free Trade Zone.
Prensa.com published data from the General Accounting Office: "These declines could not be offset by income from the Panama Canal or service exports related to tourism and port and logistics sectors, which maintained increases of 11%, 8.7% and 1.6% respectively."
Exports from Nicaragua have increased by 30.5 percent during the first half of 2008, compared with the same period a year earlier.
The January-June exports totalled 835.3 million dollars, up from 640.6 million dollars in the first half of 2007, according to a report issued by the Center for Processing Exports (CETREX) in its preliminary monthly report.
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