Exports from Panama jumped 35.7 percent over a year earlier to PAB 77.4 million in July 2019, driven by higher sales of fish oil (213 percent); banana (13.5 percent); coffee (123 percent); wood (60.9 percent) and others (28.7 percent). Exports in Panama averaged 69603.84 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 61000.00 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 62300.00 in 12 months time. In the long-term, the Panama Exports is projected to trend around 66000.00 PAB Thousand in 2020, according to our econometric models.