Browse Data and Analysis

This report offers U.S. exporters of agricultural and related products valuable insights on conducting business in Panama. In 2024, exports of U.S. agricultural and related products to Panama reached approximately $942.6 million.

While Nigeria has a long history of subsistence-based milk production, urbanization is driving increased consumption of non-traditional dairy products.

In 2024, Nigeria created the Federal Ministry of Livestock Development to unlock potential in the country’s vast but underdeveloped livestock sector. The Ministry’s leadership has focused on increasing commercial productivity, which may lead to more interest in U.S. live animal, genetics, and animal feed product exports.

Changes to Panama's import requirements reflected in this report are for pork, dairy products, seafood and rice. A new law establishes the inspections and food safety regulations for food products.

Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain Sanitary and Phytosanitary measures and Technical Standards affecting Trade in Agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products. Panama accepts electronic certificates.

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

Italy’s food processing industry consists of more than 55,000 enterprises that contributed $156.5 billion to the country’s gross domestic product in 2023.

This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service – based economy, but food processing is one of its top industries.

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.

On January 14, 2025, the Panamanian Food Agency (APA) and the Ministry of Health of Panama confirmed that the dairy plants registration process has been significantly expedited, resolving a trade barrier created on July 17, 2023.

This report is intended to supplement the FAS U.S. Mission to the EU's Food and Agricultural Import Regulations and Standards (FAIRS) report with Italy-specific information.