Steel Sheets: Business Grows in Panama

In the first quarter of 2018, imports of iron and steel sheets made by companies in the country totaled $35 million, 44% more than in the same period in 2017.

Friday, August 24, 2018

Import of iron and steel sheets in Panama Al March 31st, 2018  

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Figures from the information system on the Iron and Steel Sheet Market in Panama, compiled by the Business Intelligence Unit at CentralAmericaData: Click to interact with graphClick to interact with graph

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Variation of imports  
Between the first quarter of 2017 and the same period in 2018 the import value of iron and steel sheets in Panama grew from $25 million to $35 million. 

Between the periods in question the value imported from China grew by 168%, going from $12 million to $32 million.

Origin of imports 
From January to March 2018, 89% of the value imported from Panama came from China, 3% from South Korea, 2% from Hong Kong and 1% from Germany.

During the first quarter of the last seven years, China was the origin market for imports that grew the most, as in 2012 it represented 36% of total purchases and in 2018 this proportion rose to 89%.

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