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Showing posts from July, 2024

Panama's top exports during FY 2023

  Panama is an important strategic location in the South American region. Panama shares a strong trade relationship with the United States and Mexico. China has slowly shown its impact in the Panama market. Although, due to some political reasons, Panama's exports declined during fiscal year 2023. According to Panama import export data , the overall exports stood at around $4.09 billion in 2023. Over 60 million export shipments were recorded during the financial year 2023. Copper ore and its concentrates were the biggest exports of Panama during last year. Panama has some hefty amount of copper reserves under its belt. As per Panama export data , the exports of copper ore and its concentrates were estimated to be $2.66 billion in 2023. China was the biggest destination for Panama's copper exports.  Around 50% of Panama's copper exports went to China worth $1.32 billion during FY 2023. Japan was the second leading market for Panama's copper exports with 17% market share

Argentina's Chemical Industry Analysis : Stats & Figures

  Argentinian exports revenues are highly dependent on chemicals industry. Chemical sector nearly accounts for 12% of Argentina's total manufacturing revenues. The majority of the Argentina  chemical compounds are used in paints, cosmetics, pharmaceuticals and drugs. According to Argentina import export data , the overall inorganic chemicals exports were $1.13 billion during fiscal year 2023. The carbonated compounds comprise 45% of Argentina's overall inorganic chemicals. Chlorides, boric acids, and radioactive chemicals were other prominent exports of Argentina. China was the top market for Argentina's inorganic chemicals exports contributing to over 40% market. Other significant markets for Argentina's inorganic chemicals exports were Japan, USA, Brazil and Chile. In terms of organic chemicals, Argentina’s total exports earnings were estimated to be $518 million in 2023. Quaternary ammonium salts and hydroxides were the most exported organic chemicals from Argentina