Canadian Manufacturing

Manufacturing Intelligence Spotlight: PANAMA

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

More news on Panama

Back to Manufacturing Leadership Series: Exporting homepage

Sources: Export Development Canada , Statistics Canada and The CIA World Factbook

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