Canadian Manufacturing

Manufacturing Intelligence Spotlight: PANAMA

Manufacturing Intelligence Spotlights from outline key data on the top 21 global export markets.

October 30, 2012  by Staff

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

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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