Britain & Latin America Logistics

Importing Products from PANAMA

Location: Panama is located in the southernmost portion of Central America, bordered by Costa Rica, Colombia, the Caribbean Sea and the Pacific Ocean. The capital and largest city is Panama City.

Is there a trade agreement between Panama and the UK? Yes, as part of the UK-Central America association agreement. The agreement maintains at present the same tariff preferences that are contained in the Central American treaty with the European Union. The other countries included in this trade association are Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.

Panamanian national currency: Dollar (USD).

Official language: Spanish.

Shipping from Panama to the UK

Transit time via air from Panama to an airport in the UK is approximately 3 days. Panama's main cargo international airport is Tocumen, located 24km east of Panama City.

Transit time via sea from Panama to a port in the UK is approximately 19 to 28 days. Panama’s main sea ports are Colon, Cristobal, and Manzanillo at the Atlantic side of the Panama Canal, and Balboa at the Pacific side.

Import documents required include packing list, commercial invoice, and health / organic / EUR1 / phytosanitary certificate(s) where applicable. Requirements for the exporter in Panama include having a tax indentification number. Requirements for the importer in Britain include having an EORI number.

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Video link: YouTube channel (Proinvex Panama)

Top-10 product types imported from Panama to United Kingdom in 2022

M: Millions USD. K: Thousands USD. Source: TRADING ECONOMICS / UN Comtrade

Where to search for Panamanian products/exporters

Contact MICI, the Panama government department of commerce. Their e-mail address: contactenos@mici.gob.pa

Import taxes/restrictions in the United Kingdom

Visit the UK Trade Tariff (official UK tariff classification site) to consult the applicable import taxes and restrictions (if any) to Panamanian products. This is done by entering either the tariff code or the description of the particular commodity on the site's search tool.