Panama
is a beautiful country located in the Central America and majorly involved in
export business far more than importation. In 2016, Panama exported commodities
worth of US $4.75 Billion Dollars. If we analyze the last year’s export data in Panama, there are lots
of major products that Panama sells to rest of the world such as Coal tar oil,
passenger & cargo ships, refined petroleum, crude petroleum, petroleum gas,
packaged medicaments, Bananas, tug boats, rubber tires, non-fillet frozen fish,
gold, diamonds etc.
What are the top three major exports of panama?
1)
Passenger and Cargo Ships- Recently, Panama exported passengers & cargo
ships worth of US $741M which accounted for 16% of the Panama’s exports. The
top export destinations of Panama’s cargo ships are South Korea (43%), Japan
(21%), Poland (10%), Thailand (5.9%), India (5.2%), Greece (5.2%), Malaysia
(2.9%), Germany (2.2%) and Norway (1.4%) etc.
3)
Refined Petroleum- In 2015, Mexico brought Refined Petroleum worth of $90.2M
from Panama which accounted for 24% of total refined petroleum exports of
Panama, followed by Ecuador ($74.9M), Paraguay (57.8M), Colombia ($49.1M),
Guatemala ($42.2M), Mozambique ($18.6M), Zambia (11.5M), Nicaragua ($10.4M),
Dominican Republic (6 .91M) and many more.
What does Panama exports data comprises?
The
export data of Panama contains detailed information about all the export trade
that took place in Panama throughout the past year like top exporter’s name,
export destination’s port & country, product’s description, harmonized
system code, applicable GST tax & custom duty, exporter and importer’s
contact details, date & time of product’s delivery.
No comments:
Post a Comment