Panama

U.S. Trade with Panama in 2021

Export Market Rank
#30 Among U.S. Agricultural Export Markets
Total Export Value
$937.51 Million
3-Year Average
$802.04 Million
Compound Average Growth
6.1% (2012-2021)
Total Export Value 2012 - 2021
Export Value by Commodity 2021

Top 10 Exports to Panama in 2021

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Corn $151.51 Million 584,101 $79.43 Million 843%
Soybean Meal $102.55 Million 219,935 $77.73 Million 127%
Dairy Products $81.28 Million 21,040 $51.12 Million 101%
Pork & Pork Products $56.51 Million 20,033 $36.09 Million 201%
Beer $50.86 Million --- $23.68 Million 224%
Wheat $43.34 Million 141,186 $36.54 Million -4%
Food Preparations $42.45 Million 7,424 $35.8 Million 34%
Poultry Meat & Prods. (ex. Eggs) $40.1 Million 20,124 $31.73 Million 76%
Baked Goods $35.71 Million 11,906 $33.05 Million 58%
Dog & Cat Food $25.94 Million 15,819 $12.08 Million 430%

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Data and Analysis

Attaché Report (GAIN)

Panama: Food Service - Hotel Restaurant Institutional

This report provides U.S. food and agriculture exporters information on how to do business with the Hotel, Restaurant, and Institutional (HRI) sector in Panama. This sector contributes significantly to Panama’s economy and is driven by international tourism.
In response to widespread protests and road closures, in recent days, Panama established a series of price ceilings, profit margin controls, and subsidies that affect consumers goods. These include ceiling on the gross profit margin on 11 imported...
Attaché Report (GAIN)

Panama: Retail Foods

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. Despite the many global challenges, the retail industry is facing, including supply issues, increasing prices, consumer behavior is shaping the shopping experience.

News and Features

July 12, 2019
Export Sales Announcement

Private Exporters Report Sales Activity for Panama

WASHINGTON, July 12, 2019—Private exporters reported to the U.S. Department of Agriculture export sales of 104,100 metric tons of corn for delivery to Panama during the 2019/2020 marketing year. The marketing year for corn began Sept. 1. USDA issues...
Contact: press@fas.usda.gov or (202) 720-7115 WASHINGTON, May 31, 2019 – Colombia and Panama are among the fastest-growing markets in the Western Hemisphere for U.S. farm and food products. American exporters seeking to tap that potential will join...
Contact: press@fas.usda.gov or (202) 720-7115 WASHINGTON, Dec. 4, 2018 – The U.S. Department of Agriculture (USDA) will sponsor seven trade missions in 2019 to expand export opportunities for U.S. agriculture across the globe, Under Secretary for...

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