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Fast facts on US trade with Panama. Growth of 40.3 percent reached $6.4 billion last year, the biggest rise in Latin America

Wednesday, October 12, 2011

Panama is the 13th-largest trading partner in Latin America for the United States, according to a Latin Business Chronicle analysis of data from the US Census Bureau.

Last year US-Panama trade grew 40.3 percent to $6.4 billion, according a Latin Business Chronicle analysis. That was the highest increase in Latin America.

Two-way trade is dominated by US exports to Panama, which last year reached $6.1 billion, an increase of 41.4 percent. That was also the highest growth of any US market in Latin America. Imports from Panama grew 25.3 percent to $379 million.

Original source: Latin Business Chronicle