Economy & Business - December 2025

PANAMA | Exports up. On 6 November Panama’s trade & industry ministry (Mici) released new figures showing that exports (excluding from duty-free zones) totalled US$754.9m in the first nine months of 2025, up 4.7% on the same period in 2024. According to a Mici report, frozen shrimp was the main export, accounting for 12.5% of the total. Bananas (which have been affected by industrial activity in the sector, as part of a nationwide strike, accounted for 8.5% of the total, while crude palm oil accounted for 6.7% of exports. As regards sectors, overall, fish and shellfish accounted for 21.4% of the total, followed by fruit (12.8%), fats and oils (9.5%), and iron and steel foundry (6.4%), among others. The US remains Panama’s main export market, accounting for 15.7% of sales, followed by Taiwan (12.3%), and the Netherlands (8.5%). According to the same Mici figures, exports from duty-free zones totalled US$233.2m in the first nine months of 2025, down 6.9% on the same period in 2024.

End of preview - This article contains approximately 314 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial