Panama: Importation of raw materials increase 30%

Imports for the first nine months of 2008 reached $1.2 billion, 30% more than for the same period last year.

Wednesday, December 31, 2008


©image: Marc oh!

Laestrella.com reports that "the manufacturing industry had a 4% growth, driven mainly by the development of agro-industrial products.

The report prepared by the Panama Industrial Union (SIP) points out that "this is the first time that the sector has surpassed the billion dollar mark for the import of raw materials, which is evidence of the sector's dynamism.

More on this topic

Guatemala: 24% Increase in Raw Materials Imports

January 2011

During the first 10 months of 2010 foreign purchases of raw materials amounted to $ 4,037 million.

According to information from Bank of Guatemala, this represents an increase of 24.4% over the same period of 2009, which reported $ 3,246 million.

"In the case of volume it also reported an increase of 24.3% to 3,480.2 million kilos.

Guatemala: Raw Material Imports Up 23%

November 2011

In the first 8 months of 2011 foreign purchase of raw materials amounted to $3,948 million.

Imports of raw materials for industry and agriculture have reported growth for a second year, according to the Bank of Guatemala (Banguat).

“Ramón Parellada, an analyst at the Center for Economic and Social Studies (CEES) believes that, at that time, the amount of imports was low because prices had fallen.

Panamanian Manufacturing Production Up

September 2010

In the first half of the year, industrial manufacturing production increased by up to 12%.

According to data from the Comptroller General the largest increase was in the processing of food products, including meat, dairy, tomato, sugar and salt, with an average 12.6% rise.

Manufacturing Exports Down by 18% in Costa Rica

April 2009

Manufacturing industry exports in the first quarter were down from $1.543 billion in 2008 to $1.260 billion in 2009.

Exports from this sector (microprocessors, textiles and medical devices) represent 61% of the country's total exports.

Journalist Hassel Fallas wrote in Nacion.com: "The reduction in manufactured goods exports is greater than the decline in agriculture (8%) and food (14%).

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