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Exports of U.S. food and agricultural products to Panama reached $1.03 billion in 2022, making it the United States’ 33rd largest export market and 6th largest market in Latin America for consumer-oriented products.
Exports of U.S. food and agricultural products to Panama reached $1.03 billion in 2022, making it the United States’ 33rd largest export market and 6th largest market in Latin America for consumer-oriented products.
Panama has made progress in animal biotechnology with the development of genetically enhanced (GE) salmon and has conducted field trials for GE mosquitoes to fight the Dengue virus and GE Cochliomyia
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.