Doing business in Panama
General information
- Official name
- Republic of Panama
- Capital
- Panama City
- Largest city
- Panama City
- Area
- 75.417 km2
- Population
- 4.314.768 (2020 estimate)
- Density
- 56/km2
- GDP
- US$ 52.938 billion (2020 estimate)
- Currency
- Balboa (PAB)
Trade relations
This country benefits from:
The same conditions are applicable for the countries integrating this region. You can find more information on the following pages:
- Tariffs
- Rules of origin
- Product requirements
- Customs clearance documents and procedures
- Intellectual Property and Geographical Indications
- Trade in Services
- Public Procurement
My Trade Assistant provides you with detailed information about the tariffs, the measures applicable to your product and market, and displays the tariff dismantling schedules for the relevant tariff lines.
Statistics
List of product sections with more exports and imports
EU exports and imports by Member State
Reports and studies
- Central America Labelling and packaging of packaged foods and beverages
- Central America public procurement guidebook
- Central America Sanitary and Phytosanitary Measures Guidebook
- Competition Framework in Central America
- Green Logistics and Urban Mobility in Central America
- Innovation for Sustainable Agriculture
- Renewable Energy Sector in Central America
Events
- When
- 18 April 2023 8:15 a.m CST (Panamá City) / 3:15 p.m CEST (Brussels)
- Where
- Hotel Intercontinental Miramar, ubicado en Miramar Plaza, Avenida Balboa, Ciudad de Panamá
- Language
- Spanish
- Host/organiser
This event is organized by the European Union with the support of PROPANAMA, Wallonia Export Investment and the Chambers of Commerce of Germany, France and Holland in Panama.
- Short description
- Against the backdrop of the 10th anniversary of the EU-Central America Association Agreement and the upcoming EU-CELAC Summit the European Union is organising the event “Forum on Renewable energies”, which will take place on Tuesday 18 April in Panama City, Panama.
- Target audience
Public and private actors in the sustainable agriculture sector in the European Union and Central America.
- Links to announcement
Against the backdrop of the 10th anniversary of the EU-Central America Association Agreement and the upcoming EU-CELAC Summit the European Union is organising the event “Forum on Renewable energies”, which will take place on Tuesday 18 April in Panama City, Panama.
A careful selection of EU and Central American panellists, both from the public and private sectors, will present the progress of the renewable energy in the region and explore opportunities to advance the involvement of EU businesses, with a focus on electricity market and green hydrogen. The event will contribute to the definition of priority opportunities under the EU Global Gateway Strategy
Main topics
- The Central American Electricity Market
- Green Hydrogen: the fuel of future
- Electric mobility
The meeting is open to the public. Anyone interested in participating is requested to complete the on-line registration form.
This event will be transmitted live through the YouTube channel of EUCA_Trade.
- When
- 7 March 2022 7:15 a.m CST (Guatemala city); 14:15 CEST (Brussels).
- Where
- Hotel Barceló, séptima avenida 15-45 Zona 9, Ciudad de Guatemala, Guatemala.
- Language
- Spanish
- Host/organiser
This event is organized by the European Union with the support of AGEXPORT, Cámara del Agro and the Chambers of Commerce of Germany, Spain, France and Italy in Guatemala.
- Short description
- The European Union is organising the event “Investment in innovation for sustainable agriculture”. The event will focus on the benefits of the Association Agreement between the EU and Central America, the EU’s sustainability strategy in Central America and the different strategies and development tools to promote sustainable agriculture in both regions.
- Target audience
Public and private actors in the sustainable agriculture sector in the European Union and Central America.
- Links to announcement
Against the backdrop of the 10th anniversary of the EU-Central America Association Agreement, the European Union is organising the event “Investment in innovation for sustainable agriculture”, which will take place on Tuesday 7 March in Ciudad de Guatemala, Guatemala.
The event will focus on the benefits of the Association Agreement between the EU and Central America, the EU’s sustainability strategy in Central America and the different strategies and development tools to promote sustainable agriculture in both regions.
Main topics
- Traceability in the supply chain
- Investment opportunities in circular production, bio-products and agro-parks
- Strategies and development tools to promote sustainable agriculture
The meeting is open to the public. Anyone interested in participating is requested to complete the on-line registration form
This event will be transmitted live through the YouTube channel of EUCA_Trade
- When
- 1 December 2022, 7h30 CST
- Where
- Escuela Agrícola Panamericana ZAMORANO, en el Km. 30 de la carretera entre Tegucigalpa y Danli, en el Municipio de San Antonio de Oriente, Honduras.
- Language
- Spanish
- Host/organiser
This event is organized by the European Union with the support of Escuela Agrícola Panamericana ZAMORANO and the Chamber of Commerce of Germany in Honduras.
- Short description
- The European Union is organising the Business meeting on Sustainable agriculture, which will take place on Thursday 1st December 2022 in Tegucigalpa, Honduras. The event will focus on the benefits of the Association Agreement between the European Union and Central America and the EU’s sustainability strategy in Central America and the opportunities and challenges of the trade relationship between both regions.
- Target audience
Public and private actors in the sustainable agriculture sector in the European Union and Central America.
- Links to announcement
On the occasion of the 10th anniversary of the EU-Central America Association Agreement, the European Union is organising the Business meeting on Sustainable agriculture, which will take place on Thursday 1st December 2022 in Tegucigalpa, Honduras.
The event will focus on the benefits of the Association Agreement between the European Union and Central America and the EU’s sustainability strategy in Central America and the opportunities and challenges of the trade relationship between both regions.
Main topics:
- The sustainable agriculture trends
- Innovation and sustainable agriculture in Central America
- Existing support platforms for sustainable agriculture
- When
- 9 September 2022
- Where
- Hamburg Chamber of Commerce, Adolphsplatz 1, 20457 Hamburg, Germany
- Language
- English
- Host/organiser
The event is organized by the European Union in collaboration with the Ministry of Innovation and Growth of Hamburg, the Latein Amerika Verein, the Hamburg Chamber of Commerce, and the Hamburg Energy Cluster.
- Short description
The European Union is organizing the forum on “Renewable Energies”, which will take place on Friday 9 September 2022 in Hamburg, Germany.
- Target audience
Public and private actors in the renewable energy sector in the European Union and Central America.
- Links to announcement
Against the backdrop of the 10th anniversary of the EU-Central America Association Agreement, the European Union is organizing the forum on “Renewable Energies”, which will take place on Friday 9 September 2022 in Hamburg, Germany.
This is an opportunity for EU participants to create global synergies and explore opportunities with representatives from the Governments of Costa Rica, Guatemala and Panamá, as well as with Central American energy investors and operators.
A careful selection of EU and Central American panellists, both from the public and private sectors, will present the progress of the renewable energy in the region and explore opportunities to advance the involvement of EU businesses, with a focus on green hydrogen.
Main topics will include:
- The EU-Central America Association Agreement as a solid framework to develop trade and FDI between both regions
- Opportunities in the renewable energy sector in Central America
- Development of the Central America Regional Electrical Market
- Innovative solutions in renewable energy development
- When
- 20 July 2022 at 2:30 p.m. (CST)
- Where
- Hotel La Compañía. Avenida A y Calle 8, Casco Antiguo, Ciudad de Panamá.
- Language
- Spanish
- Host/organiser
This event is organized by the European Union with the support of the Chambers of Commerce of Germany, France, Italy and Holland in Panama.
- Short description
- The European Union is organising the “Dialogue on sustainable transport and logistics”, which will take place on Wednesday 20 May in Panama City.
- Target audience
Public and private actors in the transport and logistics sector in the European Union and Central America.
- Links to announcement
Against the backdrop of the 10th anniversary of the EU-Central America Association Agreement, the European Union is organising the “Dialogue on sustainable transport and logistics”, which will take place on Wednesday 20 May in Panama City.
The event will focus on the benefits of the Association Agreement between the EU and Central America; an assessment of business opportunities to be found in the Central American region in the field of logistics and transport; existing financing instruments; and innovative solutions in sustainable logistics and transport.
This event is organized by the European Union with the support of the Chambers of Commerce of Germany, France, Italy and Holland in Panama.
Main topics will include:
- Mobility and logistics in Central America
- Sustainable urban mobility
- Green Hydrogen: the fuel of the future
- Digitalization and smart logistics
Links and contacts
- The meeting is open to the public. Anyone interested in participating is requested to complete the on-line registration form
- This event will be transmitted live through the YouTube channel of EUCA_Trade