Publish in Special Reports - Wednesday, August 21, 2013
Panama led the way in Singapore's trade growth in Latin America last year. (Photo: MICI)
Venezuela replaces Mexico as Singapore’s second-largest trade partner in Latin America.
BY LATINVEX STAFF
Panama posted Latin America’s strongest real increase in two-way trade with Singapore last year, according to a Latinvex analysis of data from the International Monetary Fund (IMF). Other winners include Colombia, Venezuela, Brazil and Costa Rica.
As a result of Venezuela’s increase and a decrease in trade with Mexico, Venezuela last year replaced Mexico as Singapore’s second-largest trade partner in Latin America. Meanwhile, Brazil moved up from fourth to third place among Singapore’s top partners in the region.
Panama remains the top partner, accounting for nearly half of total Singapore trade with Latin America.
Singapore’s total trade with Latin America ...
Table keywords: Argentina, Bolivia, Brazil, CAFTA, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela