Panama Has the Lowest Logistics Costs in Latin America

Panamanian companies have a total logistics sales cost of 12.4% where the average in Latin America is 14.7%.

Thursday, April 2, 2009

These figures are the result of a survey conducted by the Latin America Logistics Center (LALC), at the request of the Chamber of Commerce and the National Secretary of Science, Technology and Innovation (SENACYT).

María Rey, LALC consultant, told Prensa.com: "The results are very positive and confirm that logistics costs are lower in this country than elsewhere in the region. However, these costs could be lower if Panama made the necessary investment in technology and human development. "



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As a result of the global trade imbalance that has become evident in the last year and the considerable increase in logistics costs, Guatemalan importers are beginning to look to Brazil as an option to replace purchases from Chinese companies.

In early March of this year, CentralAmericaData reported that as a result of the imbalance faced by world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that at that time already generated shortages and caused increases in transport rates.

Shipping Companies Complain About Ports in Limon

May 2016

The main problem reported is the lack of dredging, which has even led to decreased cargo loads so that ships do not end up touching the seabed.

The last dredging operation was carried out in 2009, and the volume of sediment accumulated since then has been estimated at 120 thousand cubic meters.

Panama Logistics Expo 2014 Announced

February 2014

Multimodal transport and logistics are among the topics that will be addressed in the international trade fair taking place on October 22nd - 24th in Panama City.

From a press release issued by the Chamber of Commerce, Industries and Agriculture of Panama:

For eight years, the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) and the National Secretariat for Science, Technology and Innovation (SENACYT), have joined forces to hold the Panama LOGISTICS EXPO, which this year will take place from the 22nd to the 24th of October at the ATLAPA Convention Center.

Integration of Logistic Components in Panama

March 2011

To become a global logistics center, Panama needs to efficiently integrate the various components involved in this sector.

Panama is already a leading player in world logistics, and most of its assets "provide excellent results individually, but lack a collective sense."

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