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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, and the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, established simplified requirements for the importation of U.S. food and feed products.

The U.S.-Panama Trade Promotion Agreement entered into force on October 31, 2012, and the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, established simplified requirements for the importation of U.S. food and feed products.

On January 1, 2022, Poland implemented an amendment to the excise duty act on alcohol. The amendment increases the excise tax on alcohol by 10 percent and proposes the Excise Map, a schedule of additional excise tax increases of five percent each year during 2023-2027.

This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products. Its culturally diverse population, geographical location, and love for American food and culture support export opportunities for U.S. high value food and beverage products.