The Office of the Comptroller General has estimated that Panamanian exports will have decreased by 8% this year, when compared to 2015. This decrease is mainly due to the low export of tropical fruits, which has decreased by 45% since 2009, explained an article published in the daily “La Prensa”.
According to a report, pineapple exports, the country’s flagship product, fell by 36% this year, while melon exports decreased by 18%, and banana exports went […]
The Latin American trade deficit with China increased last year, according to an analysis by the Latinvex digital publication based on new data from the International Monetary Fund (IMF).
Colombia was the Latin American country that had the greatest growth in its trade with China last year, both in real terms and as a percentage.
Trade between China and Colombia grew by 48.4% to $15.5 billion, the highest growth in the region. As a result […]
Dominican Republic businessmen each year lose millions of dollars because in none of the transactional patterns of international trade do they have control of maritime transport for their cargo, which in turn reduces the capacity to reduce logistics costs.
This was stated by Anibal Piña a shipping expert and company president of AP Marine Cargo (Intelligent Maritime Transport).
He argued that when making their purchases from international suppliers, Dominicans opt for CIF shipments (Cost, Insurance […]
China has become the second largest customer of the Panama Canal, opening the gateway to the Asian market for Panamanian products.
Trade between China and Panama is 99% in favor of Chinese sales in the Panamanian market, while Panama’s exports total about $40 million, said Wang Jian, deputy representative of the Office of Business Development of China in Panama, speaking to Elpais.com.
Panama has no diplomatic relations with China and remains a strategic partner of […]
Expocomer, the most important trade fair of Panama and the region, returns to the Atlapa Convention Center from Wednesday, March 26 through Saturday, March 29. It is expected that more than 600 manufacturers from over 35 countries will take part.
The fair is the ideal place for companies to showcase their products and services to local and regional markets, introduce new products to market, evaluate competitors and use the Colon Free Zone as a bridge […]
The current conflict facing Venezuela worries the Colon Free Zone (CFZ), as this may delay the collection of debts that are still pending.
Walter Brunetti, a financial analyst, said: “The recent events in the country and the complicit silence of many trading partners, creates the fear, not only of fracturing existing businesses and those in the future, but also conveys the feeling of fear for natural uncollectibles that are already pending.