Economy

APEX: Panamanian Exporters Association SIP: Panama Industrial Union The guilds agreed that the country has focused more on being an importer rather than an exporter. They insist that Free Trade Agreements have not been fully utilized either.   Panama is lagging behind in key areas to boost the local industry and attract Foreign Direct Investment […]

Business owners agreed that they are working on diversifying and strengthening the export offer to reach other destinations. Exporters are exploring new markets and customers, looking towards Argentina, Brazil, Paraguay, Uruguay, the Netherlands, Belgium, and Germany, said sector members.   However, they noted that Panama must strengthen the diversification and value-added aspects of its export

The association will focus on enabling the pending processing plants, promoting the export spirit among young people, and complying with European regulations for deforestation-free products.   The new board of directors of the Panamanian Association of Exporters (APEX) for the 2025-2026 period took office today, Wednesday, January 29, in a commemorative event held at a

The main export products of the country are bananas, shrimp, fish, coffee, rum, and teak wood, among others, which have found strategic markets in countries such as the United States, the Netherlands, Taiwan, India, and China, according to APEX data.   By the end of 2024, national goods exports (excluding copper) totaled $1.3 billion, reflecting

Most of the wood produced in Panama is tuca, of which 15 % is of medium quality, 5 % of high quality and 80 % of low quality, in an increasingly demanding market. Panamanian timber exports to Europe are low, mainly due to the recession in Germany, reveals the Panamanian Exporters Association’s (Apex) Report on

The Ministry of Environment presented the applications of new technologies for forest management in Panama. Lourdes García Armuelles Panama East is characterized by having the highest concentration of such plantations. In Panama, 98% of wood-related exports mostly consist of teak, a non-native species, confirmed Bianca Moran, President of the Panamanian Exporters Association (Apex).   «98%

Mileika Lasso Panama achieves a record in accumulated exports in the first quarter of 2024, reaching $1.2 billion, with standout products including seafood, meat, cardboard, packaging, and coffee. Panamanian companies are seeking to expand their presence in Europe and the Caribbean Excluding copper, Panamanian exports up to March 2024 grew by 13% compared to the