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- (-) June 2023
- (-) 2014
- (-) Panama
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This report provides information to U.S. exporters of agricultural and related products on how to do business with the retail food sector in Panama. In 2023, the retail sector in Panama remains competitive, where the industry is more agile and innovative to better serve its customers.
Panamanian consumers continue perceiving U.S. food products as high quality, wholesome and reliable, which has resulted in a continuous growth in demand of 14.8 % annually.
Panama has approved the imports of GM corn seeds for local production, and has conducted GM mosquitoes and salmon field tests.
According to major economic forecasts, Panama is expected to experience the greatest growth in the region during 2014, at an expected rate of 7.2 %, despite delays in the canal expansion project.