Panama Sets 15-Year Export Record

Panama has set a 15-year export record, reaching $980 million. This was announced by the Minister of Commerce and Industry (Mici), Julio Moltó. He emphasized that this record speaks to the export resilience of Panama and the achievements of its producers, artisans, and industrialists. Moltó stated that from 2026, the country's strategy will focus on international meetings that translate into real business deals for traders and growth for Panama. During the Latin America and the Caribbean 2026 International Economic Forum, he held over 20 bilateral meetings. The minister also added that more exports mean more jobs, more national products, whether industrial, agricultural, or artisanal. Moltó also highlighted the importance of other sectors, such as crustaceans, particularly frozen shrimp, which have become one of the top exports, along with the recovery of the banana industry. He noted that frozen shrimp account for 13% of exports, and there is no doubt that bananas will once again lead the export sector. The minister also confirmed that the export of copper, already extracted from the mine, has not yet begun. Moltó mentioned that Panama aims to sell the copper internationally, as its prices are at record levels, and to do so on a solid legal basis based on a safe management plan. He added that it is necessary to continue what has been done with business rounds, as this has proven to be effective.