Panama port cargo movement drops 4.3 percent

Cargo movement in Panama's ports dropped 4.3 percent last year.

The figure shows cargo traffic which reached 6.6 million TEUs, 20-foot containers, compared to 6.9 million in 2012.

Among the main reasons for the drop are Venezuela's debt and a Colombian re-export tariff, both affecting the Colón Free Trade Zone.




Source (in Spanish): Panamá América