{"id":6163,"date":"2024-04-29T20:46:46","date_gmt":"2024-04-29T20:46:46","guid":{"rendered":"https:\/\/ecotopiateak.com\/?p=6163"},"modified":"2024-04-29T21:19:45","modified_gmt":"2024-04-29T21:19:45","slug":"exports-excluding-copper-rebound-with-a-13-increase-as-of-march-2024","status":"publish","type":"post","link":"https:\/\/ecotopiateak.com\/index.php\/2024\/04\/29\/exports-excluding-copper-rebound-with-a-13-increase-as-of-march-2024\/","title":{"rendered":"Exports excluding copper rebound with a 13% increase as of March 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6163\" class=\"elementor elementor-6163\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bbe4c19 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"bbe4c19\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a8fe1ce\" data-id=\"a8fe1ce\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9f501d elementor-tablet-align-center elementor-widget elementor-widget-post-info\" data-id=\"f9f501d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-124edcf elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/ecotopiateak.com\/index.php\/category\/economy\/\" class=\"elementor-post-info__terms-list-item\">Economy<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b419c9 elementor-widget__width-initial elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"1b419c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Exports excluding copper rebound with a 13% increase as of March 2024<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3257b4c elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"3257b4c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-0584cde\" data-id=\"0584cde\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbd9739 elementor-widget elementor-widget-post-info\" data-id=\"fbd9739\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-daea358 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/ecotopiateak.com\/index.php\/2024\/04\/29\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>abril 29, 2024<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-420d9d4 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-clock\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-time\">\n\t\t\t\t\t\t\t\t\t\t<time>8:46 pm<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63b6d53 elementor-widget elementor-widget-text-editor\" data-id=\"63b6d53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Mileika Lasso<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9061961 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"9061961\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"700\" height=\"390\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/francisco-mola-ortega-es-el-viceministro-de-comercio-exterior-del-mici-abril-2024_181-6825544_20240428180055.jpg\" class=\"attachment-large size-large wp-image-6165\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/francisco-mola-ortega-es-el-viceministro-de-comercio-exterior-del-mici-abril-2024_181-6825544_20240428180055.jpg 700w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/francisco-mola-ortega-es-el-viceministro-de-comercio-exterior-del-mici-abril-2024_181-6825544_20240428180055-300x167.jpg 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/francisco-mola-ortega-es-el-viceministro-de-comercio-exterior-del-mici-abril-2024_181-6825544_20240428180055-600x334.jpg 600w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Francisco Mola Ortega, Deputy Minister of Foreign Trade at the Ministry of Commerce and Industries (MICI).<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fb619f elementor-widget elementor-widget-text-editor\" data-id=\"0fb619f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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 first quarter of 2023, as disclosed by Francisco Mola Ortega, Deputy Minister of Foreign Trade at the Ministry of Commerce and Industries (MICI).<\/p><p>\u00a0<\/p><p>\u00abWe just broke record figures. Almost reaching $1.2 billion, we achieved a 13% increase,\u00bb he said.<\/p><p>\u00a0<\/p><p>Mola Ortega pointed out that among the range of products that Panama offers are: seafood, meat products, cardboard, packaging, and coffee. \u00abWe actually have a fairly wide range of products,\u00bb added the deputy minister while participating in the launch of the National Accreditation Council (CNA) recognition.<\/p><p>\u00a0<\/p><p><strong>Export Behavior<\/strong><\/p><p>Data up to last February indicates that Panamanian goods exports amounted to $170.3 million, of which $122.4 million correspond to exports registered by the agricultural, agro-industrial, industrial, and fishing sectors, and $47.9 million to value-added exports from special regimes, marking the second-highest value recorded since 2010.<\/p><p>\u00a0<\/p><p>According to the latest report published by the Commercial Intelligence Office (Intelcom) of MICI, based on data from the National Institute of Statistics and Census of the Comptroller&#8217;s Office, the performance in January and February reflected an increase of more than 9%, compared to the same period in 2023, which recorded exports of $150.4 million.<\/p><p>\u00a0<\/p><p>Bananas remained the leading product, representing 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%.<\/p><p>\u00a0<\/p><p>Other products that were exported for the first time included glass cleaners or degreasers based on quaternary ammonium (tariff subheading 340250190000) and pastes, powders, and other preparations for scrubbing (tariff subheading 340540000000).<\/p><p>\u00a0<\/p><p>Accumulated data suggest that the main destinations of Panamanian exports were: the Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million.<\/p><p>\u00a0<\/p><p><strong>New destinations for Panama<\/strong><\/p><p>As Panamanian exports grow, Panamanian companies are also seeking new markets, particularly within the European bloc and in the Caribbean.<\/p><p>\u00a0<\/p><p>Businesses like <strong>Formetal, S.A.<\/strong>, and <strong>Ecotopia Teak<\/strong> plan to expand their marketing efforts in these regions, as expressed by their executives to the MICI team, who are carrying out the &#8216;Getting to Know Your Exporter&#8217; program.<\/p><p>\u00a0<\/p><p>Caribbean, for example, is a natural market for us, and there are significant opportunities for our companies in the industrial, agro-industrial, fishing, and agricultural sectors. We continue to promote exports to this destination to make ourselves known and we keep raising our hand, saying that Panama has the technology, production, and logistics to be a significant player in that region,\u00bb noted Eric Dormoi, National Director of Export Promotion at MICI.<\/p><p>\u00a0<\/p><p>During a tour of Formetal, S.A., the MICI representative also highlighted the trajectory of this exporter, with a presence in more than five countries, dedicated to the manufacture of metal-based products such as iron and steel doors, steel profiles, light steel structures, roofs, among others.<\/p><p>\u00a0<\/p><p>\u00abWe held a meeting with the general manager, Esteban Lam, and the export manager, Alejandro Bistrain, where they informed us that they will soon be opening up to two new Caribbean markets. That&#8217;s excellent news, without a doubt,\u00bb he added.<\/p><p>\u00a0<\/p><p>Meanwhile, the institution&#8217;s team visited the Ecotopia Teak plant, a teak wood reforestation company certified by FSC, located in Chepo, east of Panama City, which recently inaugurated its new teak classification and measurement line using laser technology.<\/p><p>\u00a0<\/p><p>This technology is the first of its kind in the region, marking a significant milestone in terms of production and exportation, as their value-added products reach Germany, Denmark, and soon, other countries in the European Union.<\/p><p>\u00a0<\/p><p>\u00abValue-added exports are the way forward. Adding value to our raw materials diversifies the country&#8217;s export offerings and boosts our figures. So far in 2024, teak wood has experienced a growth of over 70% compared to the same period in 2023, indicating significant recovery,\u00bb noted Dormoi.<\/p><p>\u00a0<\/p><p>Through the &#8216;Get to Know Your Exporter&#8217; program, MICI experts have visited over 100 companies between 2019 and 2024, spanning various productive sectors. It has proven to be a successful initiative in supporting exporters nationwide.<\/p><ul><li>Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million.<\/li><\/ul><p>\u00a0<\/p><ul><li>Bananas were the leading product, comprising 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%.<\/li><\/ul><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-c928ea3\" data-id=\"c928ea3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3046b04 elementor-widget elementor-widget-image\" data-id=\"3046b04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"179\" height=\"100\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2023\/06\/logo-ecotopia.jpg\" class=\"attachment-large size-large wp-image-1926\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2023\/06\/logo-ecotopia.jpg 179w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2023\/06\/logo-ecotopia-108x60.jpg 108w\" sizes=\"(max-width: 179px) 100vw, 179px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79a7cb0 elementor-search-form--skin-classic elementor-search-form--button-type-icon elementor-search-form--icon-search elementor-widget elementor-widget-search-form\" data-id=\"79a7cb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;skin&quot;:&quot;classic&quot;}\" data-widget_type=\"search-form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<search role=\"search\">\n\t\t\t<form class=\"elementor-search-form\" action=\"https:\/\/ecotopiateak.com\" method=\"get\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-search-form__container\">\n\t\t\t\t\t<label class=\"elementor-screen-only\" for=\"elementor-search-form-79a7cb0\">Buscar<\/label>\n\n\t\t\t\t\t\n\t\t\t\t\t<input id=\"elementor-search-form-79a7cb0\" placeholder=\"Search...\" class=\"elementor-search-form__input\" type=\"search\" name=\"s\" value=\"\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<button class=\"elementor-search-form__submit\" type=\"submit\" aria-label=\"Buscar\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-search\"><\/i>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/form>\n\t\t<\/search>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57952e3 elementor-widget elementor-widget-heading\" data-id=\"57952e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">About us <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c19a87d elementor-widget elementor-widget-text-editor\" data-id=\"c19a87d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Ecotopia Teak, S.A., we are a family-owned company dedicated to reforestation, harvesting, and exporting wood from commercial plantations. We work under high production standards and with social responsibility to obtain high-quality wood according to the needs and demands of national and international markets. Additionally, we actively contribute to the local economy by creating employment opportunities in the communities where we operate. Our commitment is to lead the industry in sustainable reforestation and wood production, preserving our natural resources and building a greener and more sustainable future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-398ec35 elementor-shape-circle elementor-grid-0 elementor-widget elementor-widget-social-icons\" data-id=\"398ec35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook-f elementor-repeater-item-0d1bf11\" href=\"https:\/\/www.facebook.com\/Ecotopiateak\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook-f<\/span>\n\t\t\t\t\t\t<i 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elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-7258 post type-post status-publish format-standard has-post-thumbnail hentry category-environment\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/04\/21\/wood-producers-call-for-relaxed-regulations-to-reactivate-the-sector\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"191\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/04\/madera_panama_0-300x191.jpg\" class=\"attachment-medium size-medium wp-image-7259\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/04\/madera_panama_0-300x191.jpg 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/04\/madera_panama_0-768x488.jpg 768w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/04\/madera_panama_0-600x381.jpg 600w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/04\/madera_panama_0.jpg 850w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/04\/21\/wood-producers-call-for-relaxed-regulations-to-reactivate-the-sector\/\" >\n\t\t\t\tWood producers call for relaxed regulations to reactivate the sector.\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/04\/21\/wood-producers-call-for-relaxed-regulations-to-reactivate-the-sector\/\" aria-label=\"M\u00e1s informaci\u00f3n sobre Wood producers call for relaxed regulations to reactivate the sector.\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-7249 post type-post status-publish format-standard has-post-thumbnail hentry category-economy\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/17\/panamanian-exports-shielded-from-trumps-tariff-policies\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/image_content_181-9675596_20250317181027-300x169.webp\" class=\"attachment-medium size-medium wp-image-7250\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/image_content_181-9675596_20250317181027-300x169.webp 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/image_content_181-9675596_20250317181027-600x338.webp 600w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/image_content_181-9675596_20250317181027.webp 700w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/17\/panamanian-exports-shielded-from-trumps-tariff-policies\/\" >\n\t\t\t\tPanamanian exports, shielded from Trump&#8217;s tariff policies\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/17\/panamanian-exports-shielded-from-trumps-tariff-policies\/\" aria-label=\"M\u00e1s informaci\u00f3n sobre Panamanian exports, shielded from Trump&#8217;s tariff policies\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-7242 post type-post status-publish format-standard has-post-thumbnail hentry category-economy\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/05\/sip-and-apex-demand-clear-rules-in-panama-to-establish-themselves-in-the-market\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/12f_181-9546890_20250304153134-300x169.webp\" class=\"attachment-medium size-medium wp-image-7243\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/12f_181-9546890_20250304153134-300x169.webp 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/12f_181-9546890_20250304153134-600x338.webp 600w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2025\/03\/12f_181-9546890_20250304153134.webp 700w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/05\/sip-and-apex-demand-clear-rules-in-panama-to-establish-themselves-in-the-market\/\" >\n\t\t\t\tSIP and APEX demand clear rules in Panama to establish themselves in the market.\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/ecotopiateak.com\/index.php\/2025\/03\/05\/sip-and-apex-demand-clear-rules-in-panama-to-establish-themselves-in-the-market\/\" aria-label=\"M\u00e1s informaci\u00f3n sobre SIP and APEX demand clear rules in Panama to establish themselves in the market.\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5810ac1 elementor-widget elementor-widget-video\" data-id=\"5810ac1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=ILhHzkXfWak&amp;t=4s&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>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 first quarter of 2023, as disclosed by Francisco Mola Ortega, Deputy Minister of Foreign Trade at the Ministry of Commerce and Industries (MICI). \u00a0 \u00abWe just broke record figures. Almost reaching $1.2 billion, we achieved a 13% increase,\u00bb he said. \u00a0 Mola Ortega pointed out that among the range of products that Panama offers are: seafood, meat products, cardboard, packaging, and coffee. \u00abWe actually have a fairly wide range of products,\u00bb added the deputy minister while participating in the launch of the National Accreditation Council (CNA) recognition. \u00a0 Export Behavior Data up to last February indicates that Panamanian goods exports amounted to $170.3 million, of which $122.4 million correspond to exports registered by the agricultural, agro-industrial, industrial, and fishing sectors, and $47.9 million to value-added exports from special regimes, marking the second-highest value recorded since 2010. \u00a0 According to the latest report published by the Commercial Intelligence Office (Intelcom) of MICI, based on data from the National Institute of Statistics and Census of the Comptroller&#8217;s Office, the performance in January and February reflected an increase of more than 9%, compared to the same period in 2023, which recorded exports of $150.4 million. \u00a0 Bananas remained the leading product, representing 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 Other products that were exported for the first time included glass cleaners or degreasers based on quaternary ammonium (tariff subheading 340250190000) and pastes, powders, and other preparations for scrubbing (tariff subheading 340540000000). \u00a0 Accumulated data suggest that the main destinations of Panamanian exports were: the Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 New destinations for Panama As Panamanian exports grow, Panamanian companies are also seeking new markets, particularly within the European bloc and in the Caribbean. \u00a0 Businesses like Formetal, S.A., and Ecotopia Teak plan to expand their marketing efforts in these regions, as expressed by their executives to the MICI team, who are carrying out the &#8216;Getting to Know Your Exporter&#8217; program. \u00a0 Caribbean, for example, is a natural market for us, and there are significant opportunities for our companies in the industrial, agro-industrial, fishing, and agricultural sectors. We continue to promote exports to this destination to make ourselves known and we keep raising our hand, saying that Panama has the technology, production, and logistics to be a significant player in that region,\u00bb noted Eric Dormoi, National Director of Export Promotion at MICI. \u00a0 During a tour of Formetal, S.A., the MICI representative also highlighted the trajectory of this exporter, with a presence in more than five countries, dedicated to the manufacture of metal-based products such as iron and steel doors, steel profiles, light steel structures, roofs, among others. \u00a0 \u00abWe held a meeting with the general manager, Esteban Lam, and the export manager, Alejandro Bistrain, where they informed us that they will soon be opening up to two new Caribbean markets. That&#8217;s excellent news, without a doubt,\u00bb he added. \u00a0 Meanwhile, the institution&#8217;s team visited the Ecotopia Teak plant, a teak wood reforestation company certified by FSC, located in Chepo, east of Panama City, which recently inaugurated its new teak classification and measurement line using laser technology. \u00a0 This technology is the first of its kind in the region, marking a significant milestone in terms of production and exportation, as their value-added products reach Germany, Denmark, and soon, other countries in the European Union. \u00a0 \u00abValue-added exports are the way forward. Adding value to our raw materials diversifies the country&#8217;s export offerings and boosts our figures. So far in 2024, teak wood has experienced a growth of over 70% compared to the same period in 2023, indicating significant recovery,\u00bb noted Dormoi. \u00a0 Through the &#8216;Get to Know Your Exporter&#8217; program, MICI experts have visited over 100 companies between 2019 and 2024, spanning various productive sectors. It has proven to be a successful initiative in supporting exporters nationwide. Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 Bananas were the leading product, comprising 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 About us Ecotopia Teak, S.A., we are a family-owned company dedicated to reforestation, harvesting, and exporting wood from commercial plantations. We work under high production standards and with social responsibility to obtain high-quality wood according to the needs and demands of national and international markets. Additionally, we actively contribute to the local economy by creating employment opportunities in the communities where we operate. Our commitment is to lead the industry in sustainable reforestation and wood production, preserving our natural resources and building a greener and more sustainable future. Facebook-f Youtube Instagram More articles<\/p>\n","protected":false},"author":1,"featured_media":6165,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_joinchat":[],"footnotes":""},"categories":[14],"tags":[],"class_list":["post-6163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exports excluding copper rebound with a 13% increase as of March 2024 &#8211; Ecotopia Teak<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ecotopiateak.com\/index.php\/2024\/04\/29\/exports-excluding-copper-rebound-with-a-13-increase-as-of-march-2024\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exports excluding copper rebound with a 13% increase as of March 2024 &#8211; Ecotopia Teak\" \/>\n<meta property=\"og:description\" content=\"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 first quarter of 2023, as disclosed by Francisco Mola Ortega, Deputy Minister of Foreign Trade at the Ministry of Commerce and Industries (MICI). \u00a0 \u00abWe just broke record figures. Almost reaching $1.2 billion, we achieved a 13% increase,\u00bb he said. \u00a0 Mola Ortega pointed out that among the range of products that Panama offers are: seafood, meat products, cardboard, packaging, and coffee. \u00abWe actually have a fairly wide range of products,\u00bb added the deputy minister while participating in the launch of the National Accreditation Council (CNA) recognition. \u00a0 Export Behavior Data up to last February indicates that Panamanian goods exports amounted to $170.3 million, of which $122.4 million correspond to exports registered by the agricultural, agro-industrial, industrial, and fishing sectors, and $47.9 million to value-added exports from special regimes, marking the second-highest value recorded since 2010. \u00a0 According to the latest report published by the Commercial Intelligence Office (Intelcom) of MICI, based on data from the National Institute of Statistics and Census of the Comptroller&#8217;s Office, the performance in January and February reflected an increase of more than 9%, compared to the same period in 2023, which recorded exports of $150.4 million. \u00a0 Bananas remained the leading product, representing 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 Other products that were exported for the first time included glass cleaners or degreasers based on quaternary ammonium (tariff subheading 340250190000) and pastes, powders, and other preparations for scrubbing (tariff subheading 340540000000). \u00a0 Accumulated data suggest that the main destinations of Panamanian exports were: the Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 New destinations for Panama As Panamanian exports grow, Panamanian companies are also seeking new markets, particularly within the European bloc and in the Caribbean. \u00a0 Businesses like Formetal, S.A., and Ecotopia Teak plan to expand their marketing efforts in these regions, as expressed by their executives to the MICI team, who are carrying out the &#8216;Getting to Know Your Exporter&#8217; program. \u00a0 Caribbean, for example, is a natural market for us, and there are significant opportunities for our companies in the industrial, agro-industrial, fishing, and agricultural sectors. We continue to promote exports to this destination to make ourselves known and we keep raising our hand, saying that Panama has the technology, production, and logistics to be a significant player in that region,\u00bb noted Eric Dormoi, National Director of Export Promotion at MICI. \u00a0 During a tour of Formetal, S.A., the MICI representative also highlighted the trajectory of this exporter, with a presence in more than five countries, dedicated to the manufacture of metal-based products such as iron and steel doors, steel profiles, light steel structures, roofs, among others. \u00a0 \u00abWe held a meeting with the general manager, Esteban Lam, and the export manager, Alejandro Bistrain, where they informed us that they will soon be opening up to two new Caribbean markets. That&#8217;s excellent news, without a doubt,\u00bb he added. \u00a0 Meanwhile, the institution&#8217;s team visited the Ecotopia Teak plant, a teak wood reforestation company certified by FSC, located in Chepo, east of Panama City, which recently inaugurated its new teak classification and measurement line using laser technology. \u00a0 This technology is the first of its kind in the region, marking a significant milestone in terms of production and exportation, as their value-added products reach Germany, Denmark, and soon, other countries in the European Union. \u00a0 \u00abValue-added exports are the way forward. Adding value to our raw materials diversifies the country&#8217;s export offerings and boosts our figures. So far in 2024, teak wood has experienced a growth of over 70% compared to the same period in 2023, indicating significant recovery,\u00bb noted Dormoi. \u00a0 Through the &#8216;Get to Know Your Exporter&#8217; program, MICI experts have visited over 100 companies between 2019 and 2024, spanning various productive sectors. It has proven to be a successful initiative in supporting exporters nationwide. Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 Bananas were the leading product, comprising 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 About us Ecotopia Teak, S.A., we are a family-owned company dedicated to reforestation, harvesting, and exporting wood from commercial plantations. We work under high production standards and with social responsibility to obtain high-quality wood according to the needs and demands of national and international markets. Additionally, we actively contribute to the local economy by creating employment opportunities in the communities where we operate. Our commitment is to lead the industry in sustainable reforestation and wood production, preserving our natural resources and building a greener and more sustainable future. 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Ecotopia Teak","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ecotopiateak.com\/index.php\/2024\/04\/29\/exports-excluding-copper-rebound-with-a-13-increase-as-of-march-2024\/","og_locale":"es_ES","og_type":"article","og_title":"Exports excluding copper rebound with a 13% increase as of March 2024 &#8211; Ecotopia Teak","og_description":"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 first quarter of 2023, as disclosed by Francisco Mola Ortega, Deputy Minister of Foreign Trade at the Ministry of Commerce and Industries (MICI). \u00a0 \u00abWe just broke record figures. Almost reaching $1.2 billion, we achieved a 13% increase,\u00bb he said. \u00a0 Mola Ortega pointed out that among the range of products that Panama offers are: seafood, meat products, cardboard, packaging, and coffee. \u00abWe actually have a fairly wide range of products,\u00bb added the deputy minister while participating in the launch of the National Accreditation Council (CNA) recognition. \u00a0 Export Behavior Data up to last February indicates that Panamanian goods exports amounted to $170.3 million, of which $122.4 million correspond to exports registered by the agricultural, agro-industrial, industrial, and fishing sectors, and $47.9 million to value-added exports from special regimes, marking the second-highest value recorded since 2010. \u00a0 According to the latest report published by the Commercial Intelligence Office (Intelcom) of MICI, based on data from the National Institute of Statistics and Census of the Comptroller&#8217;s Office, the performance in January and February reflected an increase of more than 9%, compared to the same period in 2023, which recorded exports of $150.4 million. \u00a0 Bananas remained the leading product, representing 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 Other products that were exported for the first time included glass cleaners or degreasers based on quaternary ammonium (tariff subheading 340250190000) and pastes, powders, and other preparations for scrubbing (tariff subheading 340540000000). \u00a0 Accumulated data suggest that the main destinations of Panamanian exports were: the Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 New destinations for Panama As Panamanian exports grow, Panamanian companies are also seeking new markets, particularly within the European bloc and in the Caribbean. \u00a0 Businesses like Formetal, S.A., and Ecotopia Teak plan to expand their marketing efforts in these regions, as expressed by their executives to the MICI team, who are carrying out the &#8216;Getting to Know Your Exporter&#8217; program. \u00a0 Caribbean, for example, is a natural market for us, and there are significant opportunities for our companies in the industrial, agro-industrial, fishing, and agricultural sectors. We continue to promote exports to this destination to make ourselves known and we keep raising our hand, saying that Panama has the technology, production, and logistics to be a significant player in that region,\u00bb noted Eric Dormoi, National Director of Export Promotion at MICI. \u00a0 During a tour of Formetal, S.A., the MICI representative also highlighted the trajectory of this exporter, with a presence in more than five countries, dedicated to the manufacture of metal-based products such as iron and steel doors, steel profiles, light steel structures, roofs, among others. \u00a0 \u00abWe held a meeting with the general manager, Esteban Lam, and the export manager, Alejandro Bistrain, where they informed us that they will soon be opening up to two new Caribbean markets. That&#8217;s excellent news, without a doubt,\u00bb he added. \u00a0 Meanwhile, the institution&#8217;s team visited the Ecotopia Teak plant, a teak wood reforestation company certified by FSC, located in Chepo, east of Panama City, which recently inaugurated its new teak classification and measurement line using laser technology. \u00a0 This technology is the first of its kind in the region, marking a significant milestone in terms of production and exportation, as their value-added products reach Germany, Denmark, and soon, other countries in the European Union. \u00a0 \u00abValue-added exports are the way forward. Adding value to our raw materials diversifies the country&#8217;s export offerings and boosts our figures. So far in 2024, teak wood has experienced a growth of over 70% compared to the same period in 2023, indicating significant recovery,\u00bb noted Dormoi. \u00a0 Through the &#8216;Get to Know Your Exporter&#8217; program, MICI experts have visited over 100 companies between 2019 and 2024, spanning various productive sectors. It has proven to be a successful initiative in supporting exporters nationwide. Netherlands, with $18.8 million; Taiwan, with $15.5 million; and the United States, with $15.1 million. \u00a0 Bananas were the leading product, comprising 15.3% of the total exports, followed by frozen shrimp at 10.2%, medicines (antihistamines and antipyretics) at 7.9%, raw teak at 7.3%, iron or steel waste at 5.4%, and crude palm oil at 3.8%. \u00a0 About us Ecotopia Teak, S.A., we are a family-owned company dedicated to reforestation, harvesting, and exporting wood from commercial plantations. We work under high production standards and with social responsibility to obtain high-quality wood according to the needs and demands of national and international markets. Additionally, we actively contribute to the local economy by creating employment opportunities in the communities where we operate. Our commitment is to lead the industry in sustainable reforestation and wood production, preserving our natural resources and building a greener and more sustainable future. 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