Exports from Panama decreased 9.1 percent year-on-year to PAB 60.7 million in March 2019, as sales went down for bananas (-5.7 percent); fish (-40.5 percent); shrimps (-82.4 percent); and waste steel, copper & aluminium (-9.6 percent). Exports in Panama averaged 69670.09 PAB Thousand from 2003 until 2019, reaching an all time high of 181465.14 PAB Thousand in March of 2008 and a record low of 40502.29 PAB Thousand in December of 2018.
Exports in Panama is expected to be 62000.00 PAB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Panama to stand at 63400.00 in 12 months time. In the long-term, the Panama Exports is projected to trend around 65000.00 PAB Thousand in 2020, according to our econometric models.