Panama projects over $1 billion in exports by 2025
Growth outlook for Panama exports 2025
Panama is on track to surpass $1 billion in exports by 2025, according to the Ministry of Commerce and Industries (MICI). This milestone reflects a steady upward trend in trade performance, supported by pro-export policies and efforts to promote value-added products abroad.
In the first quarter of 2024, Panama exported goods worth $317.7 million, representing a 2.4% increase compared to the same period in 2023.
Key Panamanian exports gaining international traction
Top exported products include:
- Bananas
- Fish meal and oil
- Shrimp
- Teak wood
- Human-use pharmaceuticals
Coffee and watermelon exports also showed significant recovery during this period, reflecting greater international demand.
Public policies boosting trade and exports
The government has taken decisive steps to strengthen trade infrastructure:
- Expansion and digitization of the Single Window for Foreign Trade (VUCE)
- Better use of existing free trade agreements
- International promotion of Panamanian products with added value
These measures aim to solidify Panama’s position as a reliable regional logistics and export platform.
Legal and commercial opportunities for exporters and investors
At B&Co Legal, we believe this export growth environment represents an important opportunity for companies and foreign investors looking to establish operations in Panama. The country offers:
- A privileged geographical location
- Legal security for foreign capital
- Access to over 20 global markets through free trade agreements
- Efficient logistics infrastructure
Our legal team specializes in export operations structuring, corporate setup, and regulatory compliance for companies seeking to leverage Panama’s strategic advantages.
Conclusion
The projected Panama exports 2025 growth reaffirms the country’s value as a global commercial hub. At B&Co Legal, we’re ready to assist companies in navigating this expanding trade environment with legal and strategic clarity.
Read original article – El Capital Financiero
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