BY JOACHIM BAMRUD
While its growth is impressive in Panamanian terms, its expansion is just as impressive in Latin American terms. For the second year in a row, it is the fastest-growing container port in
Balboa last year handled a total of 2.2 million TEU’s in container cargo. That represented an increase of 334,199 TEU’s. No other port grew as much in real terms. Measured in percentage terms, the growth was 18.2 percent, which was the highest among the region’s top ten ports.
Compared to three years ago – 2006 – Balboa’s traffic has more than doubled. “Balboa …has had an impressive growth the past three years,” says Gabriel Pérez, an infrastructure and transport specialist at ECLAC.
Keywords: Brazil, Chile, Dominican Republic, Mexico, Panama, Panama Ports Company, Peru
Ranking of Latin Americas Top 50 Ports