Panama exports surge 77.4% in first quarter

Exports in the first quarter of the year reached $1.85 billion, an increase of 77.4% compared to the same period last year and the first time Panamanian exports exceeded one billion in a four-month period.

Of the total copper, exports totaled $856.8 million

Roberto Tribaldos, president of the Panamanian Association of Exporters (Apex), commented that it is important to increase the diversification of the country’s export basket through added value.

Watermelon, palm oil, wood, medicines, aluminum containers, and cardboard packaging are the products that registered positive growth between January and April.

Tribaldos pointed out that the problems facing Colombia are affecting its exports, which has been taken advantage of by Panamanian companies