Trade Balance in Panama

Panama Trade Balance | Economic News & Forecasts

Panama - Trade Balance

Data available so far for Q1 2019 paints a mixed picture, with growth likely picking up from Q4 but remaining under the average of past years. The monthly economic activity indicator for January showed modest growth, with a solid showing from the energy and tourism-related sectors. Activity in the critical shipping sector appeared more subdued in January, according to Panama Canal and national ports data, but picked up significantly in February. Turning to the Cobre Panama copper mine, a bill recently presented to parliament should clear lingering legal issues and pave the way for a USD 327 million expansion project this year. The mine started operating in February and will begin exporting in June. In the political arena, the 5 May general election could see the opposition party, the PRD, take power on a pro-business platform focused on combating corruption and boosting economic competitiveness.

Panama - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-9.5  -11.8  -9.7  -8.8  -9.4  

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Panama Trade Balance Chart

Panama Trade
Note: Trade balance in USD billion.
Source: General Controllership of the Republic of Panama and Met the why particular calculations.

Panama Facts

Stock Market4380.0 %Apr 22

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