Panama’s 1st half-year exports rise 108.7 % over 2020, thanks to mining sector

"The export sector is becoming an added value in these first six months of 2021, contributing more than 4% to the gross domestic product (GDP) and oxygenating our economy beyond the supply chain," said INEC director Samuel Moreno.

RIO DE JANEIRO, BRAZIL - Panama's exports rose 108.7% in the first half of this year compared to the same period in 2020, driven by mining and timber, the National Institute of Statistics and Census (INEC) reported Thursday, August 19.

According to preliminary figures from the statistics agency, Panama exported US$1,664 billion worth of goods and services between January and June, compared to $797.9 million in the same period last year.

Sales of copper ores and their concentrates drove the increase to a total of US$1,318 billion (+185%), those of raw teak wood to . . .

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