{"id":6365,"date":"2024-06-26T16:23:00","date_gmt":"2024-06-26T16:23:00","guid":{"rendered":"https:\/\/ecotopiateak.com\/?p=6365"},"modified":"2024-07-08T16:40:41","modified_gmt":"2024-07-08T16:40:41","slug":"apex-annual-teak-exports-in-panama-reach-30-million","status":"publish","type":"post","link":"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/","title":{"rendered":"Apex: Annual teak exports in Panama reach $30 million."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6365\" class=\"elementor elementor-6365\" 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-b1abe45 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=\"b1abe45\" 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-4a10a9f\" data-id=\"4a10a9f\" 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-a2276ab elementor-tablet-align-center elementor-widget elementor-widget-post-info\" data-id=\"a2276ab\" 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\/exportation\/\" class=\"elementor-post-info__terms-list-item\">Exportation<\/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-6b76db0 elementor-widget__width-initial elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"6b76db0\" 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\">Apex: Annual teak exports in Panama reach $30 million.<\/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-3024564 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=\"3024564\" 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-46c15d1\" data-id=\"46c15d1\" 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-2c567eb elementor-widget elementor-widget-post-info\" data-id=\"2c567eb\" 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\/06\/26\/\">\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>junio 26, 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>4:23 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-5cd4da6 elementor-widget elementor-widget-text-editor\" data-id=\"5cd4da6\" 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>Lourdes Garc\u00eda Armuelles<\/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-62e5a62 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"62e5a62\" 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\/07\/teca_181-7394090_20240625183811.jpg\" class=\"attachment-full size-full wp-image-6366\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/07\/teca_181-7394090_20240625183811.jpg 700w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/07\/teca_181-7394090_20240625183811-300x167.jpg 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/07\/teca_181-7394090_20240625183811-600x334.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\">The trade of raw teak accounted for 6.1% of total exports in the first four months of 2024.<\/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-e006f3b elementor-widget elementor-widget-text-editor\" data-id=\"e006f3b\" 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>In the country, there are 80,000 hectares of commercial teak plantations. Most of these are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. Teak accounts for 98% of the timber exported from Panama.<\/p><p>\u00a0<\/p><p>Annually, teak exports in Panama reach a value of $30 million, with seven to ten thousand 40-foot containers placed on the market, confirmed Bianca Mor\u00e1n, president of the Panamanian Exporters Association (Apex).<\/p><p>\u00a0<\/p><p>According to Mor\u00e1n, as of 2024, exports in this sector have already reached $16 million.<\/p><p>\u00a0<\/p><p>\u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d said the Apex president at a press meeting on Tuesday.<\/p><p>\u00a0<\/p><p>In the first four months of 2024, Panamanian exports amounted to $283.3 million. Of this value, the export of raw teak represented 6.1%, according to data from the Ministry of Commerce and Industries.<\/p><p>\u00a0<\/p><p>In the country, there are 80,000 hectares of commercial teak plantations. Most are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed.<\/p><p>\u00a0<\/p><p>Although teak export is one of the largest sectors in the country, the Apex president clarified that it also experiences fluctuations, depending on market demand. \u201cTeak is a commodity, just like copper and gold, so it depends on market demand. For example, this year in Europe, there is an economic recession. However, during COVID-19, we sold a lot because people were at home and wanted new furniture,\u201d commented Mor\u00e1n.<\/p><p>\u00a0<\/p><p>\u201cWe need to move forward to not rely on a single market. In this case, what has affected us is that India has a quantity of timber that it can definitely consume annually. We are focused on wanting to sell everything to India, but there are other countries that also produce timber, so we need to take advantage of the tools the market offers us,\u201d she added.<\/p><p>\u00a0<\/p><p>For the Apex president, another disadvantage is that among all the major companies dedicated to exporting teak in the country, only three do so directly, and the rest through intermediaries.<\/p><p>\u00a0<\/p><p>\u201cIn teak and all sectors, when you use an intermediary, it means that a portion is taken that should stay with the producer. This is what we need to expand: our direct export base,\u201d she emphasized.<\/p><p>\u00a0<\/p><p>Teak is a type of timber mainly used to create outdoor furniture. Its high presence in Panama has made the country one of the largest certified producers in the region.<\/p><p>\u00a0<\/p><p>To continue leveraging these advantages, the Apex president called for promoting the arrival of more certified forest investors.<\/p><p>\u00a0<\/p><p>\u201cThey voluntarily meet much higher standards than what Panama requires as a country, and that is what generates people living from the forest with dignity, with a model forest,\u201d confirmed Mor\u00e1n.<\/p><p>\u00a0<\/p><p><strong>Wood and Control<\/strong><\/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-48d2a82 elementor-widget elementor-widget-text-editor\" data-id=\"48d2a82\" 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>\u00c1lvaro Castillo, from the Natural Heritage section of the Forestry Directorate at the Ministry of Environment (MiAmbiente), emphasized that in the forest, there is a variety of timber species. However, those that are most popular for export are hardwoods, such as balsam, almond, bitter almond, quira, and teak.<\/p><p>\u00a0<\/p><p>For the national market, species such as espav\u00e9, cedar, oak, zorro, and amarillo dominate, known for their good sales and ease of use in making doors, floors, and other products.<\/p><p>\u00a0<\/p><p>Castillo acknowledged that over the years, some companies have shown interest in selling round timber or timber with some degree of processing.<\/p><p>\u00a0<\/p><p>To prevent illegality, he revealed that since 2018, MiAmbiente has established a digital forest traceability system with two components. The first is the use of a chip to digitize all the information of the tree, including data such as location, thickness, height, and species.<\/p><p>\u00a0<\/p><p>Additionally, they use a tag, which is a QR code linked to the chip, to track traceability from the moment the timber is cut until it reaches the industry.<\/p><p>\u00a0<\/p><p>According to the official, these measures have led to fewer seizures of illegal timber. For example, he explained that in recent years, around 200 cubic meters of timber have been reported as retained due to illegality, whereas previously, these figures ranged from 1,000 to 1,800 cubic meters across the country.<\/p><p>\u00a0<\/p><p>\u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d Castillo commented.<\/p><p>\u00a0<\/p><p>Regarding the cocobolo tree species, he said that MiAmbiente continues to detect illegal activities, primarily due to illegal logging in national parks such as Soberan\u00eda and Camino de Cruces.<\/p><p>\u00a0<\/p><p>\u201cThere is very little illegal logging of cocobolo nowadays. From 2014 to 2019, 1,000 cubic meters of this timber were confiscated,\u201d detailed the MiAmbiente official, who also indicated that in other areas, there have been impacts on cedar, balsam, espav\u00e9, quira, and oak.<\/p><p>\u00a0<\/p><p>Castillo highlighted that today, illegal timber is not reaching commercial markets because, due to operations conducted with public security entities, this material is being detected in transit.<\/p><p>\u00a0<\/p><p><strong>\u00c1LVARO CASTILLO, MINISTRY OF ENVIRONMENT<\/strong> \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d<\/p><p>\u00a0<\/p><p><strong>BIANCA MOR\u00c1N, PRESIDENT OF APEX<\/strong> \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d<\/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-96a3bc1\" data-id=\"96a3bc1\" 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-71d8e04 elementor-widget elementor-widget-image\" data-id=\"71d8e04\" 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=\"1729\" height=\"118\" src=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40.png\" class=\"attachment-full size-full wp-image-6164\" alt=\"\" srcset=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40.png 1729w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40-300x20.png 300w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40-1024x70.png 1024w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40-768x52.png 768w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40-1536x105.png 1536w, https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/04\/ea02e130-0d25-4d0f-a972-1cc382b39e40-600x41.png 600w\" sizes=\"(max-width: 1729px) 100vw, 1729px\" \/>\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-ae50249 elementor-search-form--skin-classic elementor-search-form--button-type-icon elementor-search-form--icon-search elementor-widget elementor-widget-search-form\" data-id=\"ae50249\" 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-ae50249\">Buscar<\/label>\n\n\t\t\t\t\t\n\t\t\t\t\t<input id=\"elementor-search-form-ae50249\" 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-208e3bf elementor-widget elementor-widget-heading\" data-id=\"208e3bf\" 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-8813c60 elementor-widget elementor-widget-text-editor\" data-id=\"8813c60\" 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-8c6e784 elementor-shape-circle elementor-grid-0 elementor-widget elementor-widget-social-icons\" data-id=\"8c6e784\" 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-2bf3a52 elementor-widget elementor-widget-video\" data-id=\"2bf3a52\" 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>Lourdes Garc\u00eda Armuelles In the country, there are 80,000 hectares of commercial teak plantations. Most of these are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. Teak accounts for 98% of the timber exported from Panama. \u00a0 Annually, teak exports in Panama reach a value of $30 million, with seven to ten thousand 40-foot containers placed on the market, confirmed Bianca Mor\u00e1n, president of the Panamanian Exporters Association (Apex). \u00a0 According to Mor\u00e1n, as of 2024, exports in this sector have already reached $16 million. \u00a0 \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d said the Apex president at a press meeting on Tuesday. \u00a0 In the first four months of 2024, Panamanian exports amounted to $283.3 million. Of this value, the export of raw teak represented 6.1%, according to data from the Ministry of Commerce and Industries. \u00a0 In the country, there are 80,000 hectares of commercial teak plantations. Most are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. \u00a0 Although teak export is one of the largest sectors in the country, the Apex president clarified that it also experiences fluctuations, depending on market demand. \u201cTeak is a commodity, just like copper and gold, so it depends on market demand. For example, this year in Europe, there is an economic recession. However, during COVID-19, we sold a lot because people were at home and wanted new furniture,\u201d commented Mor\u00e1n. \u00a0 \u201cWe need to move forward to not rely on a single market. In this case, what has affected us is that India has a quantity of timber that it can definitely consume annually. We are focused on wanting to sell everything to India, but there are other countries that also produce timber, so we need to take advantage of the tools the market offers us,\u201d she added. \u00a0 For the Apex president, another disadvantage is that among all the major companies dedicated to exporting teak in the country, only three do so directly, and the rest through intermediaries. \u00a0 \u201cIn teak and all sectors, when you use an intermediary, it means that a portion is taken that should stay with the producer. This is what we need to expand: our direct export base,\u201d she emphasized. \u00a0 Teak is a type of timber mainly used to create outdoor furniture. Its high presence in Panama has made the country one of the largest certified producers in the region. \u00a0 To continue leveraging these advantages, the Apex president called for promoting the arrival of more certified forest investors. \u00a0 \u201cThey voluntarily meet much higher standards than what Panama requires as a country, and that is what generates people living from the forest with dignity, with a model forest,\u201d confirmed Mor\u00e1n. \u00a0 Wood and Control \u00c1lvaro Castillo, from the Natural Heritage section of the Forestry Directorate at the Ministry of Environment (MiAmbiente), emphasized that in the forest, there is a variety of timber species. However, those that are most popular for export are hardwoods, such as balsam, almond, bitter almond, quira, and teak. \u00a0 For the national market, species such as espav\u00e9, cedar, oak, zorro, and amarillo dominate, known for their good sales and ease of use in making doors, floors, and other products. \u00a0 Castillo acknowledged that over the years, some companies have shown interest in selling round timber or timber with some degree of processing. \u00a0 To prevent illegality, he revealed that since 2018, MiAmbiente has established a digital forest traceability system with two components. The first is the use of a chip to digitize all the information of the tree, including data such as location, thickness, height, and species. \u00a0 Additionally, they use a tag, which is a QR code linked to the chip, to track traceability from the moment the timber is cut until it reaches the industry. \u00a0 According to the official, these measures have led to fewer seizures of illegal timber. For example, he explained that in recent years, around 200 cubic meters of timber have been reported as retained due to illegality, whereas previously, these figures ranged from 1,000 to 1,800 cubic meters across the country. \u00a0 \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d Castillo commented. \u00a0 Regarding the cocobolo tree species, he said that MiAmbiente continues to detect illegal activities, primarily due to illegal logging in national parks such as Soberan\u00eda and Camino de Cruces. \u00a0 \u201cThere is very little illegal logging of cocobolo nowadays. From 2014 to 2019, 1,000 cubic meters of this timber were confiscated,\u201d detailed the MiAmbiente official, who also indicated that in other areas, there have been impacts on cedar, balsam, espav\u00e9, quira, and oak. \u00a0 Castillo highlighted that today, illegal timber is not reaching commercial markets because, due to operations conducted with public security entities, this material is being detected in transit. \u00a0 \u00c1LVARO CASTILLO, MINISTRY OF ENVIRONMENT \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d \u00a0 BIANCA MOR\u00c1N, PRESIDENT OF APEX \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d 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":6366,"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":[12],"tags":[],"class_list":["post-6365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exportation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apex: Annual teak exports in Panama reach $30 million. &#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\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apex: Annual teak exports in Panama reach $30 million. &#8211; Ecotopia Teak\" \/>\n<meta property=\"og:description\" content=\"Lourdes Garc\u00eda Armuelles In the country, there are 80,000 hectares of commercial teak plantations. Most of these are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. Teak accounts for 98% of the timber exported from Panama. \u00a0 Annually, teak exports in Panama reach a value of $30 million, with seven to ten thousand 40-foot containers placed on the market, confirmed Bianca Mor\u00e1n, president of the Panamanian Exporters Association (Apex). \u00a0 According to Mor\u00e1n, as of 2024, exports in this sector have already reached $16 million. \u00a0 \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d said the Apex president at a press meeting on Tuesday. \u00a0 In the first four months of 2024, Panamanian exports amounted to $283.3 million. Of this value, the export of raw teak represented 6.1%, according to data from the Ministry of Commerce and Industries. \u00a0 In the country, there are 80,000 hectares of commercial teak plantations. Most are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. \u00a0 Although teak export is one of the largest sectors in the country, the Apex president clarified that it also experiences fluctuations, depending on market demand. \u201cTeak is a commodity, just like copper and gold, so it depends on market demand. For example, this year in Europe, there is an economic recession. However, during COVID-19, we sold a lot because people were at home and wanted new furniture,\u201d commented Mor\u00e1n. \u00a0 \u201cWe need to move forward to not rely on a single market. In this case, what has affected us is that India has a quantity of timber that it can definitely consume annually. We are focused on wanting to sell everything to India, but there are other countries that also produce timber, so we need to take advantage of the tools the market offers us,\u201d she added. \u00a0 For the Apex president, another disadvantage is that among all the major companies dedicated to exporting teak in the country, only three do so directly, and the rest through intermediaries. \u00a0 \u201cIn teak and all sectors, when you use an intermediary, it means that a portion is taken that should stay with the producer. This is what we need to expand: our direct export base,\u201d she emphasized. \u00a0 Teak is a type of timber mainly used to create outdoor furniture. Its high presence in Panama has made the country one of the largest certified producers in the region. \u00a0 To continue leveraging these advantages, the Apex president called for promoting the arrival of more certified forest investors. \u00a0 \u201cThey voluntarily meet much higher standards than what Panama requires as a country, and that is what generates people living from the forest with dignity, with a model forest,\u201d confirmed Mor\u00e1n. \u00a0 Wood and Control \u00c1lvaro Castillo, from the Natural Heritage section of the Forestry Directorate at the Ministry of Environment (MiAmbiente), emphasized that in the forest, there is a variety of timber species. However, those that are most popular for export are hardwoods, such as balsam, almond, bitter almond, quira, and teak. \u00a0 For the national market, species such as espav\u00e9, cedar, oak, zorro, and amarillo dominate, known for their good sales and ease of use in making doors, floors, and other products. \u00a0 Castillo acknowledged that over the years, some companies have shown interest in selling round timber or timber with some degree of processing. \u00a0 To prevent illegality, he revealed that since 2018, MiAmbiente has established a digital forest traceability system with two components. The first is the use of a chip to digitize all the information of the tree, including data such as location, thickness, height, and species. \u00a0 Additionally, they use a tag, which is a QR code linked to the chip, to track traceability from the moment the timber is cut until it reaches the industry. \u00a0 According to the official, these measures have led to fewer seizures of illegal timber. For example, he explained that in recent years, around 200 cubic meters of timber have been reported as retained due to illegality, whereas previously, these figures ranged from 1,000 to 1,800 cubic meters across the country. \u00a0 \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d Castillo commented. \u00a0 Regarding the cocobolo tree species, he said that MiAmbiente continues to detect illegal activities, primarily due to illegal logging in national parks such as Soberan\u00eda and Camino de Cruces. \u00a0 \u201cThere is very little illegal logging of cocobolo nowadays. From 2014 to 2019, 1,000 cubic meters of this timber were confiscated,\u201d detailed the MiAmbiente official, who also indicated that in other areas, there have been impacts on cedar, balsam, espav\u00e9, quira, and oak. \u00a0 Castillo highlighted that today, illegal timber is not reaching commercial markets because, due to operations conducted with public security entities, this material is being detected in transit. \u00a0 \u00c1LVARO CASTILLO, MINISTRY OF ENVIRONMENT \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d \u00a0 BIANCA MOR\u00c1N, PRESIDENT OF APEX \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d 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\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Ecotopia Teak\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Ecotopiateak\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T16:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-08T16:40:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/07\/teca_181-7394090_20240625183811.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"390\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"market\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"market\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\"},\"author\":{\"name\":\"market\",\"@id\":\"https:\/\/ecotopiateak.com\/#\/schema\/person\/b1240cef050be359d037be516f6ac6c9\"},\"headline\":\"Apex: Annual teak exports in Panama reach $30 million.\",\"datePublished\":\"2024-06-26T16:23:00+00:00\",\"dateModified\":\"2024-07-08T16:40:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\"},\"wordCount\":965,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ecotopiateak.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ecotopiateak.com\/wp-content\/uploads\/2024\/07\/teca_181-7394090_20240625183811.jpg\",\"articleSection\":[\"Exportation\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\",\"url\":\"https:\/\/ecotopiateak.com\/index.php\/2024\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/\",\"name\":\"Apex: Annual teak exports in Panama reach $30 million. &#8211; 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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\/06\/26\/apex-annual-teak-exports-in-panama-reach-30-million\/","og_locale":"es_ES","og_type":"article","og_title":"Apex: Annual teak exports in Panama reach $30 million. &#8211; Ecotopia Teak","og_description":"Lourdes Garc\u00eda Armuelles In the country, there are 80,000 hectares of commercial teak plantations. Most of these are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. Teak accounts for 98% of the timber exported from Panama. \u00a0 Annually, teak exports in Panama reach a value of $30 million, with seven to ten thousand 40-foot containers placed on the market, confirmed Bianca Mor\u00e1n, president of the Panamanian Exporters Association (Apex). \u00a0 According to Mor\u00e1n, as of 2024, exports in this sector have already reached $16 million. \u00a0 \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d said the Apex president at a press meeting on Tuesday. \u00a0 In the first four months of 2024, Panamanian exports amounted to $283.3 million. Of this value, the export of raw teak represented 6.1%, according to data from the Ministry of Commerce and Industries. \u00a0 In the country, there are 80,000 hectares of commercial teak plantations. Most are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. \u00a0 Although teak export is one of the largest sectors in the country, the Apex president clarified that it also experiences fluctuations, depending on market demand. \u201cTeak is a commodity, just like copper and gold, so it depends on market demand. For example, this year in Europe, there is an economic recession. However, during COVID-19, we sold a lot because people were at home and wanted new furniture,\u201d commented Mor\u00e1n. \u00a0 \u201cWe need to move forward to not rely on a single market. In this case, what has affected us is that India has a quantity of timber that it can definitely consume annually. We are focused on wanting to sell everything to India, but there are other countries that also produce timber, so we need to take advantage of the tools the market offers us,\u201d she added. \u00a0 For the Apex president, another disadvantage is that among all the major companies dedicated to exporting teak in the country, only three do so directly, and the rest through intermediaries. \u00a0 \u201cIn teak and all sectors, when you use an intermediary, it means that a portion is taken that should stay with the producer. This is what we need to expand: our direct export base,\u201d she emphasized. \u00a0 Teak is a type of timber mainly used to create outdoor furniture. Its high presence in Panama has made the country one of the largest certified producers in the region. \u00a0 To continue leveraging these advantages, the Apex president called for promoting the arrival of more certified forest investors. \u00a0 \u201cThey voluntarily meet much higher standards than what Panama requires as a country, and that is what generates people living from the forest with dignity, with a model forest,\u201d confirmed Mor\u00e1n. \u00a0 Wood and Control \u00c1lvaro Castillo, from the Natural Heritage section of the Forestry Directorate at the Ministry of Environment (MiAmbiente), emphasized that in the forest, there is a variety of timber species. However, those that are most popular for export are hardwoods, such as balsam, almond, bitter almond, quira, and teak. \u00a0 For the national market, species such as espav\u00e9, cedar, oak, zorro, and amarillo dominate, known for their good sales and ease of use in making doors, floors, and other products. \u00a0 Castillo acknowledged that over the years, some companies have shown interest in selling round timber or timber with some degree of processing. \u00a0 To prevent illegality, he revealed that since 2018, MiAmbiente has established a digital forest traceability system with two components. The first is the use of a chip to digitize all the information of the tree, including data such as location, thickness, height, and species. \u00a0 Additionally, they use a tag, which is a QR code linked to the chip, to track traceability from the moment the timber is cut until it reaches the industry. \u00a0 According to the official, these measures have led to fewer seizures of illegal timber. For example, he explained that in recent years, around 200 cubic meters of timber have been reported as retained due to illegality, whereas previously, these figures ranged from 1,000 to 1,800 cubic meters across the country. \u00a0 \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d Castillo commented. \u00a0 Regarding the cocobolo tree species, he said that MiAmbiente continues to detect illegal activities, primarily due to illegal logging in national parks such as Soberan\u00eda and Camino de Cruces. \u00a0 \u201cThere is very little illegal logging of cocobolo nowadays. From 2014 to 2019, 1,000 cubic meters of this timber were confiscated,\u201d detailed the MiAmbiente official, who also indicated that in other areas, there have been impacts on cedar, balsam, espav\u00e9, quira, and oak. \u00a0 Castillo highlighted that today, illegal timber is not reaching commercial markets because, due to operations conducted with public security entities, this material is being detected in transit. \u00a0 \u00c1LVARO CASTILLO, MINISTRY OF ENVIRONMENT \u201cWe have seen the statistics, and the seizures of illegal timber are indeed fewer. Sometimes we seize 10 logs when it used to be 30 or 40,\u201d \u00a0 BIANCA MOR\u00c1N, PRESIDENT OF APEX \u201cIn Panama, 98% of the timber exported is teak, a species that is not native to the country because all the teak that exists was planted,\u201d 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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Garc\u00eda Armuelles In the country, there are 80,000 hectares of commercial teak plantations. Most of these are located in East Panama, Dari\u00e9n, and Chiriqu\u00ed. Teak accounts for 98% of the timber exported from Panama. \u00a0 Annually, teak exports in Panama reach a value of $30 million, with seven to ten thousand 40-foot containers placed&hellip;","_links":{"self":[{"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/posts\/6365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/comments?post=6365"}],"version-history":[{"count":13,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/posts\/6365\/revisions"}],"predecessor-version":[{"id":6380,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/posts\/6365\/revisions\/6380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/media\/6366"}],"wp:attachment":[{"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/media?parent=6365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/categories?post=6365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecotopiateak.com\/index.php\/wp-json\/wp\/v2\/tags?post=6365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}