The Foreign Trade of Latin America : a Report On the Trade of Latin America With Special Reference to Trade With the United States .. Pt.2, Section 16 (Panama)
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These reexports consist in part of merchandise purchased by residents of the Canal Zone and by tourists and members of the crews of ships calling at Canal ports, and in part of commodities reexported comner- cially from Panama to other countries. In 1938, nearly nine- tenths of the value of reexports represented exports to the Canal Zone, ship supplies, and tourist purchases. Destination . - The principal markets for domestic exports from Panaaa in 1938, with share of the total value taken by e...ach country, were the United States, 39 percent; the Canal Zone, 5 percent; and Germany, U percent. Other markets in that year included Colombia, the United Kingdom, Costa Hica, and Italy, Exports from Panaxaa to selected countries, in specified years, 1929 to 1938, are shown in table 5. More detailed data for 1937 are shown in table 6« 25 The United States is regularly the principsuL market for exports from Panfuna, its share of the total value in the decade 1929^-1938 varying from 39 percent (1938) to 96 percent (1932), The "value of United States purchases rajiged from 1.9 million dollars (1932) to 3.9 million (1929); in 1938 it was 3.3 million dollars.
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