My friend Joachim Bamrud, Editor in Chief at Latinvex sent me this article. The full story requires a subscription and if you want to stay informed about business news in Latin America, his publication is worth investing in.
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 …