Browse Data and Analysis

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. This sector contributes significantly to Panama’s economy and is driven by international tourism.

U.S. exports of consumer-oriented food products to Saudi Arabia decreased four percent in 2021, compared to 2020, to approximately $535 million mainly due to shipping issues (e.g., fewer cargo ships, higher costs, etc.) throughout the year. In June 2022, the Saudi government lifted all COVID-19 restrictions allowing the food service sector to return to pre-pandemic operations while also fully reopening the country to foreign visitors.