Panama market presents opportunities for food exporters
Panamanians are consuming more of both convenience foods and health foods, creating opportunities in both segments. Read More
Panamanians are consuming more of both convenience foods and health foods, creating opportunities in both segments. Read More
The country is a medical device hub for Central and South America, but is reliant on imports since it has no domestic production of these devices. Read More
Rising consumption of both convenience and health foods provides opportunities for exporters. Read More
The country has one of Latin America's highest GDP growth rates, and serves as a hub for regional trade in addition to having strong domestic demand. Read More
Panama is the fastest growing and most dynamic economy in Latin America, with GDP growth of 6.0 percent in 2015 and estimated 6.3 percent in 2016. With a population of 3.9 million, a GDP of $46.2 billion in 2014, and a diversified economy based on a well-developed service sector (the Panama Canal, logistics services, banking, free trade zones, insurance, container ports, tourism, etc.), the country has maintained sustained economic growth, averaging 8.2 per year over the past decade. All of this growth has become a challenge for the energy sector by demanding more electricity and new energy sources. Read More