Panama: Security Seal for Exporting Wood

The government approved the implementation of a security seal to be used for transport in closed containers of wood for export from commercial plantations.

Wednesday, July 10, 2019

Resolution No. DM-0193-2019, published in the Gaceta Oficial at the beginning of June, establishes that the Asociación Nacional de Reforestadores y Afines de Panamá (Anarap) is authorized to supply security seals at the national level.

Bianca Moran, president of Anarap, explained to that "... this new regulation is to improve efficiency and minimize transportation times of teak in containers from forest plantations. Improved efficiency in the transportation of wood would also reduce transport costs, which are currently very high. Moving the wood by land from the production areas to the port is more expensive than shipping.

You may be interested in "Wood: Regional Sales up to September 2018

Moran added that "... A container that leaves the province of Chiriqui with wood from commercial plantations to the port of Manzanillo International Terminal has a cost of $1,100, while shipping to India of that container costs $800."

Reports from CentralAmericaData state that from January to September 2018 the main regional exporter of wood and its manufactures was Costa Rica, with $58 million, followed by Panama, with $49 million, Honduras, with $45 million, Guatemala, with $42 million, Nicaragua, with $6 million and El Salvador, with $5 million.

More on this topic

Wood: $139 Million in Regional Sales

January 2020

In the first six months of 2019, $139 million in wood and wood products were exported from Central America, and 54% of them were sold by companies in Costa Rica and Panama.

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

Costa Rica: Figures for the Wood and Furniture Sector - 2016

April 2017

Last year imports of sawn timber grew by 34% compared to 2015, while wood furniture exports and imports increased by only 3.4% and 2.6%, respectively.

From the report "Trade balance and main trends in exports and imports of wood and furniture 2016", from the National Forestry Office: 

Extraction and Export of Timber in Panama

February 2017

In 2016, 800 40ft containers containing teak and rosewood were exported to India and Vietnam, and this year the union of reforesters plans to export 5,000 containers.

The process of planting timber trees began about 20 years ago, and now, explained spokesmen from the union of reforesters, the first results are starting to be seen.

Nicaragua: Results from Forestry Investment

March 2014

Timber from trees grown fifteen years ago in commercial plantations is starting to be cut and exported.

In the year 2000 about 22 thousand hectares of African mahogany, kapok tree, oak, laurel, royal cedar, and other species were established on 300 farms in Nicaragua. Starting from 2014, these plantations will produce 40 thousand cubic feet of wood per year, which will be exported either as raw material or processed into finished products.

 close (x)

Receive more news about Exports & imports

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Aug 3)
Brent Crude Oil
Coffee "C"