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Panama: Fishing and Forestry
Country Study > Chapter 3 > The Economy > Agriculture > Fishing and Forestry

FISHING AND FORESTRY


Fishing was more important to Panama's economy than forestry, supplying the domestic market and providing substantial export earnings. The waters of the two oceans afforded a variety of fish and crustaceans. Shrimp provided 84 percent of the total value of fishing, and their share of total export earnings increased from 16 percent in 1983 (US$51.4 million) to 18 percent in 1985 (US$60 million). Fish production increased from 117 million kilograms in 1981 to 127 million kilograms in 1985. The most important fish products were anchovies and herring, which were processed into fish meal and oil. Lobster accounted for a minuscule share of fishing products.

Large portions of the country's forests are commercially exploited. Forestry production remained virtually constant in the early 1980s, when the annual forestry output averaged 2,047 cubic meters. The government has implemented a program of reforestation, but the pace of depletion has exceeded that of replanting. Deforestation was most pronounced along the canal, posing a longterm threat to the canal's water level.

Data as of December 1987




Last Updated: December 1987


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Panama was first published in 1987. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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Section 84 of 142






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