More Business Between Panama and Chile

Manufacturing, fishery and aquaculture exports accounted for most of the 60% increase in sales from Chile to Panama between 2016 and 2017.

Tuesday, February 27, 2018

Exports in the fishing sector include salmon and trout, which grew by 46% in the period in question, going from $6.2 million in 2016 to $9 million in 2017, according to figures from a report by the country's South American trade promotion body, ProChile. points out that the report states that "... Within the main subsectors of manufacturing are containers and packaging, whose exports last year exceeded $4 million, mainly explained by shipments of paper and cardboard containers ($1.2 million) and plastic containers ($1.2 million). Also noteworthy were shipments of plastics ($10.5 million) and various manufactures ($21 million)."

"... As for the agricultural macro-sector, this rose by 2%, to exceed $34.4 million in 2017, highlighting shipments such as fresh fruits ($10.8 million); and other agricultural products ($17.6 million). In the latter subgroup, increases in shipments of food preparations (+ 269.6%) and baby foods (+ 16.5%) were importantIn the year 2017, exports totaled US $68,306.1 million, 12.7% above the level reached in 2016, with increases of 21.8% in mining and 5.5% in industry, and drop of 7.1% in agriculture, fruit growing, livestock, forestry and extractive fishing."

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Figures from the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

El Salvador: Manufacturing Exports Up 11%

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Foreign sales by the manufacturing sector in the first quarter of the year grew by 11% compared to the same period in 2016.

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In the first quarter of 2017, El Salvador exported US $1,414.2 million, up by US $134.4 million compared to the same period in 2016, equivalent to a year-on-year growth of 10.5%, the Central Reserve Bank reported. Exports of agricultural goods increased by 8.6% and those from the manufacturing industry by 10.7%, both contributing to the performance reported in the first three months of the year.

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The Chilean Export Promotion Agency is planning to hold business conferences in Costa Rica in the months of April and August 2013.

The FTA between Costa Rica and Chile will celebrate 10 years of being in operation, and has been a fundamental tool for the growth of trade between the two countries, which at the end of 2011 reached $237 million, with a balance in Chile's favor of $182 million.

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