Doing Business in Panama

EENI - Business School

Learning unit: International trade and business in Panama. The Canal. Syllabus:

  1. Introduction to Panama (Central America).
  2. The Panamanian Economy
  3. International trade.
  4. Business in Panama City.
  5. The Panama Canal.
  6. Cases study:
       - The City of Knowledge.
       - The Colon Free Zone.
       - Set-up a company in Panama.
  7. Introduction to Spanish
  8. Access to the Panamanian market
  9. Business plan for Panama.

Sample of the learning unit - Doing business in Panama
Colon Free Zone

This learning unit "Business in Panama" is part of the:

Course learning materials: En or Es Panama

Learning unit summary (Doing Business in Panama)

The Republic of Panama

The Panamanian Economy

  • The main pillars of the economy of the Republic of Panama (America) are: The Panama Canal, Banking and Financial services and the Colon Free trade Zone (biggest duty-free zone in the Americas)
  • The Colon Free Zone is the 2th biggest Duty Free Trade Zone of the world (2.500 enterprises, 27.347 employments, 16.160 million dollars in imports and re-exports (international trade).
  • The Panama Canal (80 kilometers between the Pacific and the Atlantic Oceans, 8 to 10 hours to transit) is implementing an important modernization program of 1 billion dollar, generating big business opportunities

The International trade of Panama

  • Exports of Panama: 821 million dollar. Main export products: salmon, tuna, beef, watermelon, shrimp, and pineapples.
  • Top Export partners of Panama (as % of total export value): the United States 42%, the People's Republic of China and Taiwan 5.3%, Costa Rica 7.3%, Sweden 5.4%, Netherlands 6.5%, Spain 6.2%.
  • Top Import partners of Panama: the United States 29%, Costa Rica 5.2%, Mexico 4.5%, China 4.2%, Japan 3.6%.

Panama Business

Panama: Organizations and trade agreements:

Panama City Business

Central American Common Market

Canada - Panama Agreement:
Agreement Panama Canada

Agreement Panama Taiwan:
Agreement Taiwan Panama

Agreement Panama Singapore:
Agreement Panama Singapore

United States Panama Agreement



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EENI Business School