A Gateway to the Latin
American & Caribbean Market
Panama's stable government ensures a steady economic development.
The Canal's expansion, large investments in public infrastructure projects and its business-friendly regulations are boosting huge demands.
Panama becomes the country with the most sustainable growth in the region. In 2016, Panama achieved a GDP of US$55 billion with a growth rate of 5.2%, the highest in the region.
With the development trend in the region, Latin America is currently undergoing a period of growth in construction spending. According to IHS Economics, Latin America’s construction spending is expected to have a 2.4% compound annual growth rate (CAGR) from 2017 to 2022.
Top 10 sourcing countries and regions are China (HK included), USA, Italy, Japan, Spain, Korea, Colombia, Taiwan, Mexico, and Germany.
Panama is playing as a re-exporter serving over 55 countries with a wide radius.
The great Canal of Panama connects the Atlantic Ocean and the Caribbean Sea to the North of the Pacific Ocean.
The Colon Free Zone is the first center of distribution in the Western Hemisphere and the only multimodal logistics center of the Americas.
Contracted with over 20 economies for reciprocal trades, Panama offers its partners preferential policies as well as increasing convenient logistics facilities.