Maritime Cargo Movements Shrink

In the first seven months of the year, movement in Panama totaled 47.9 million metric tons, 3% less than was reported in the same period in 2017.

Wednesday, September 5, 2018

n dir="ltr">According to figures from the Office of the Comptroller General of the Republic in July alone a 19% year-on-year drop in cargo movement was reported, falling from 7.8 million metric tons in the seventh month of 2017 to 6.3 million tons metrics in the same period in 2018. 

In relation to the movement of accumulated cargo, between January to July 2017 and the same period in 2018 contracted from 49.7 million to 47.9 million, which is equivalent to a fall of 3.4%.

Luciano Fernández, former executive director of the Panama Maritime Chamber, explained to Panamaamerica.com.pa that " ... the fall in the movement of cargo in the first seven months of the year is due to two factors: lack of space in the ports of the Pacific and to the fact the the world economy is growing slowly. "

See complete 
statistics. (In Spanish)

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More on this topic

Cargo Movement Grows to 12%

November 2019

Between January and September 2019, in the national port system of Panama were mobilized 69 thousand metric tons of cargo, a figure 12% higher than that reported in the same period of 2018.

According to figures from the General Comptroller of the Republic only last September reported a 29% year-on-year increase in cargo movement, rising from 7 million metric tons in the ninth month of 2018 to 9.1 million metric tons in the same period of 2019.

Cargo Movement Grows to 10%

October 2019

After the cargo movement in Panama grew 2% in 2018 compared to 2017, in the first eight months of 2019 the volume transported totaled 60.1 million metric tons, 10% more than in the same period last year.

The latest report of the General Comptroller of the Republic details that only last August reported a 22% year-on-year increase in cargo movement, rising from 6.7 million metric tons in the eighth month of 2018 to 8.2 million metric tons in the same period of 2019.

Maritime Cargo Movement Keeps Falling

November 2018

During the first nine months of the year, cargo movement in Panama totaled 61.8 million metric tons, 5% less than the figure reported for the same period in 2017.

The latest data from the General Comptroller detail that only last September was reported a year-on-year fall of 8% in cargo movement, declining from 7.6 million metric tons in the ninth month of 2017 to 7 million metric tons in the same period of 2018. 


Maritime Freight Movement Falls 5%

October 2018

Freight movement in Panama totaled 54.8 million metric tons in the first eight months of the year, 5% less than that reported in the same period in 2017.

The most recent figures of the General Comptroller detail that only last August reported a year-on-year fall of 13% in the freight movement, falling from 7.8 million metric tons in the eighth month of 2017 to 6.8 million metric tons in the same period of 2018.

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