Manufacturing Intelligence Spotlight: PANAMA
by CanadianManufacturing.com Staff
Manufacturing Intelligence Spotlights from CanadianManufacturing.com outline key data on the top 21 global export markets.
The biggest opportunities for Canadian companies include key growth sectors, such as: capital goods, foodstuffs, consumer goods and chemicals
GDP: $44.36 billion (2010 est.)
GDP growth: 7.5% (2010 est.)
GDP per capita: $13,000 (2010 est.)
Population: 3,460,462 (July 2011 est.)
Labour force: 1.485 million
Products: bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Industry: construction, brewing, cement and other construction materials, sugar milling
Exports: $11.33 billion (2010 est.)
Export Markets: bananas, shrimp, sugar, coffee, clothing
Export partners: Venezuela (20.6%), South Korea (18.2%), Ecuador (6.3%), India (6.2%), Japan (5.6%), Greece (5.3%), U.S. (5.3%) (2010)
Trade activity with Canada:
Exports to Panama: $72.1M
Major exports to Panama: mineral products ($7.7M), machinery and electrical components ($8.5M), vehicles ($8.9M), jewellery ($11.5M)
Imports from Panama: $81.3M
Major imports: jewellery, precious stones, metals ($74M)
Trade Commissioner
Ms. Kathryn Burkell
The Embassy of Canada to Panama / Ambassade du Canada au Panama
Torres de Las Americas, Tower A, 11th floor Punta Pacifica Panama City, Panama, Panama City, Panama
+507-294-2500 Fax: +507-294-2514
panam.commerce@international.gc.ca
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Sources: Export Development Canada , Statistics Canada and The CIA World Factbook
