Panama could resume banana exports by early 2026

Panama may restart banana exports between December and January, following the reactivation of commercial operations in Bocas del Toro, according to Minister of Commerce and Industries Julio Moltó. The return of activity comes after the government reached an agreement enabling the resumption of work at banana farms and packing facilities in the region.

The first phase of operations has already led to the hiring of around 3,000 workers, with an additional 2,000 positions expected for packing and port support tasks as production increases. Authorities say this will help restore economic activity in communities historically linked to the banana sector.

Moltó highlighted that banana remains one of Panama’s key agricultural exports, and noted that despite recent declines in banana and copper shipments, the country has still recorded export growth levels not seen in 15 years.

The government has stated that the operating company plans to invest over USD 30 million to modernize production through a sharecropping-style model. Under this approach, landholders can allow cultivation on their land without transferring ownership, while farmers commit to producing fruit under established quality and management standards. The system is expected to increase formal employment and stabilize supply chains.

The agreement enabling the company’s return was signed on August 29, and the goal is for full operational recovery by 2026. In September, the Ministry of Labor confirmed that around 500 employment contracts linked to the reopening had already been registered in Bocas del Toro.

source: tvn-2.com

photo: isaaa.org