Panama: Furniture Imports up to March 2018

In the first quarter of the year, the country reported $27 million in purchases of home and office furniture, and imports from Italy grew by 21% compared to the same period in 2017.

Thursday, July 19, 2018

Furniture Imports in Panama Al June 30th, 2018  

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Figures of the information system on the Market for Home and Office Furniture and Parts in Panama, compiled by the Business Intelligence Unit at CentralAmericaData: Click to interact with graphClick to interact with graph

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Variation of imports  
Between the first quarter of 2017 and the same period in 2018 the import value of home and office furniture in Panama fell by 7%, going from $29 million to $27 million. 

However, in the period in question, imports from Italy increased from $3 million in 2017 to $4 million in 2018.

Origin of imports 
From January to March 2018 27% of the value imported came from China, 17% from the US, 14% from Italy, 9% from the Panama Free Trade Zone, 8% from Colombia and 3% from Brazil. 

Italy is one of the markets of origin of imports that has grown the most in the first quarters of the last seven years.  In 2012 it represented 5% of the total value imported, and this year the figure rose to 14%. 

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Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]

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

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In the first semester of the year, imports of home and office furniture in Central American countries reached $148 million, and purchases from Chinese companies grew 3% with respect to the same period in 2017.

Figures from the information system of the Home and Office Furniture Market and its Parts in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Furniture Market up to March 2018

August 2018

In the first quarter of the year imports of home and office furniture in Central American countries totaled $89 million, 2% less than was imported in the same period in 2017.

Figures from the information system on the Market for Home and Office Furniture and Parts in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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