U.S. Trade with Panama in 2022

Export Market Rank
#31 Among U.S. Agricultural Export Markets
Total Export Value
$1.01 Billion
3-Year Average
$881 Million
Compound Average Growth
4.1% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022

Top 10 Exports to Panama in 2022

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybean Meal $113.06 Million 225,804 $84.52 Million 14%
Dairy Products $111.59 Million 23,887 $58.25 Million 122%
Corn $108.54 Million 354,871 $88.68 Million 85%
Beer $71 Million --- $28.9 Million 247%
Wheat $62.26 Million 139,899 $38.23 Million 47%
Pork & Pork Products $48.36 Million 15,250 $39.05 Million 64%
Poultry Meat & Prods. (excl. eggs) $40.83 Million 17,884 $33.53 Million 60%
Baked Goods $39.95 Million 12,510 $34.78 Million 42%
Food Preparations $38.86 Million 7,600 $36.53 Million 29%
Dog & Cat Food $28.25 Million 14,835 $14.42 Million 358%

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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.
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. In 2023, the retail sector in Panama remains competitive, where the industry is more agile and innovative to better serve its customers.
Attaché Report (GAIN)

Panama: FAIRS Annual Country Report

New changes to Panama's import requirements reflected in this report are for fresh potatoes, poultry products, and sanitary registrations for pet food, raw materials, ingredients and additives.

News and Features

USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor arrived in Panama City today to launch an agribusiness trade mission. Taylor and a delegation of representatives from agribusiness and farm organizations and state departments of agriculture look to develop stronger ties and build economic partnerships between the United States and Panama and markets throughout CAFTA-DR region.
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a delegation of 26 agribusinesses and farm organizations to Panama City, Panama, from March 19 to 23.
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a regional trade mission to Panama from March 19-23, 2023.

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