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

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The Palm Oil Business in Central America

December 2017

Between January and June 2017, Central American countries exported $378 million worth of palm oil, 22% more than was sold in the same period in 2016.

Figures from the Information System on the Market for Palm Oil and its Derivatives in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Honduras Doubles Palm Oil Exports

August 2012

In the last three years the palm oil industry has seen a sustainable increase, going from $140 million in 2010 to $251 million in 2011.

Data from the Central Bank of Honduras (BCH), also shows that in the first half of 2012 total exports were $110.6 million, and estimates are that the year will end with figures of between $260 and $270 million.

Costa Rica: Palm Oil Exports Soar

November 2011

In the first ten months of the year, exports reported a growth of 61.9%.

Market diversification and an increase in oil prices meant that for the period 2006-2010 Costa Rican exports almost quadrupled.

Mexico is the main destination of exports, this year reporting an increase of 32%.

Panama: Palm Oil Exports Gaining Pace

June 2011

Exports of oil produced in Chiriqui, increased in value the first quarter by 176.9%, compared to the same period in 2010.

For the same period the increase in volume was 26.7%.

"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

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