Colon Free Zone: Surplus of $877.2 million in Five Months

During the first five months of 2012, the Colon Free Zone in Panama registered a trade surplus of $870.2 million.

Thursday, September 20, 2012

A press release from the Ministry of Economy and Finance of Panama reads:

During the first five months of 2012, the Colon Free Zone registered a trade surplus of 877.2 million balboas ($877.2 million), after recording re-exports worth 6.6624 billion balboas ($6.6624 billion) and imports worth 5.7852 billion balboas ($5.7852 billion), as reported by the Department of Economics and Social Analysis of MEF through a report.

The official MEF document stresses that re-exports increased by 224.8 million balboas ($224.8 million), mainly sold to places like Puerto Rico, Venezuela, Colombia, Costa Rica, the Dominican Republic and Ecuador.

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