Panama: FAIRS Country Report
Panama imports 60 percent of its overall imported food products from the United States. Panamanian consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in a continuous growth in demand. The U.S.-Panama Trade Promotion Agreement entered into force on October 31, 2012. In addition, the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, entered into force December 20, 2006. This agreement established simplified requirements for the importation of U.S. food and feed products. Amendments to this bilateral agreement have facilitated U.S. beef, beef products and pet food exports.
