Panama: Food Service - Hotel Restaurant Institutional Annual

  |   Attaché Report (GAIN)   |   PN2024-0010

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Panama: Food Service - Hotel Restaurant Institutional Annual
This report outlines how U.S. food and agriculture exporters engage with the hotel, restaurant, and institutional (HRI) sector in Panama. This sector plays a vital role in Panama's economy and is driven by international tourism. As of September 2023, tourism generated $4.511 billion in foreign currency, and it is projected that by the end of 2024, this figure will exceed $5 billion, accounting for 6% of the country's gross domestic product.
Exporting
Western Hemisphere, Panama

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