Panama Has the Lowest Logistics Costs in Latin America

Panamanian companies have a total logistics sales cost of 12.4% where the average in Latin America is 14.7%.

Thursday, April 2, 2009

These figures are the result of a survey conducted by the Latin America Logistics Center (LALC), at the request of the Chamber of Commerce and the National Secretary of Science, Technology and Innovation (SENACYT).

María Rey, LALC consultant, told Prensa.com: "The results are very positive and confirm that logistics costs are lower in this country than elsewhere in the region. However, these costs could be lower if Panama made the necessary investment in technology and human development. "

More on this topic

Shipping Companies Complain About Ports in Limon

May 2016

The main problem reported is the lack of dredging, which has even led to decreased cargo loads so that ships do not end up touching the seabed.

The last dredging operation was carried out in 2009, and the volume of sediment accumulated since then has been estimated at 120 thousand cubic meters.

Panama Logistics Expo 2014 Announced

February 2014

Multimodal transport and logistics are among the topics that will be addressed in the international trade fair taking place on October 22nd - 24th in Panama City.

From a press release issued by the Chamber of Commerce, Industries and Agriculture of Panama:

For eight years, the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) and the National Secretariat for Science, Technology and Innovation (SENACYT), have joined forces to hold the Panama LOGISTICS EXPO, which this year will take place from the 22nd to the 24th of October at the ATLAPA Convention Center.

Logistics Costs vs. Company Size

September 2012

Production and logistics inefficiencies arising from their small size means that small scale producers have profit margins that are 19% lower than those of large companies.

An article in Elfinancierocr.com, comments on the ECLAC study "Panorama of the integration of Latin America and the Caribbean 2011-2012",which states that "logistics is a key dimension that influences the competitiveness of enterprises and their inclusion in value chains. "

Integration of Logistic Components in Panama

March 2011

To become a global logistics center, Panama needs to efficiently integrate the various components involved in this sector.

Panama is already a leading player in world logistics, and most of its assets "provide excellent results individually, but lack a collective sense."

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