Market Reports/Tariffs
Textiles, Apparel, Footwear and Travel Goods

Panama

Import Tariffs
Documentation/Procedures
Restrictions
Standards
Labeling
Intellectual Property Rights
Market Information

Last updated on 12/14/2012

If you have any questions about the following information, please contact Rachel Alarid at the U.S. Department of Commerce- Office of Textiles and Apparel at 202-482-3400 or click here for e-mail access.

**The following information is provided only as a guide and should be confirmed with the proper authorities before embarking on any export activities.**


Import Tariffs - Panama
On June 28, 2007, the United States and Panama signed a trade promotion agreement (TPA) and the Agreement entered into force on October 31, 2012. For more information on the agreement, see the OTEXA Free Trade Agreement webpage.

Panama assesses import duties on an ad valorem basis on the declared c.i.f. (cost, insurance and freight) value.

Panama Tariffs (percent ad valorem) for Textiles, Apparel, Footwear and Travel Goods
HS Chapter/Subheading
Tariff Rate Range (%)
Yarn
-silk
5003-5006
0 - 10
-wool
5105-5110
0 - 15
-cotton
5204-5207
0
-other vegetable fiber
5306-5308
0 - 15
-man-made fiber
5401-5406/5501-5511
0 - 15
........................
Woven Fabric
-silk
5007
0
-wool
5111-5113
0 - 10
-cotton
5208-5212
0
-other vegetable fiber
5309-5311
0 - 15
-man-made fiber
5407-5408/5512-5516
0
Knit Fabric
60
0
.........................
Non Woven Fabric
5603
0
Industrial Fabric
59
0 - 15
........................
Apparel
61-62
0 -15
Home Furnishings
including: bed, bath, kitchen linens, etc.......
63
0 - 15
........................
Carpet

Footwear

Travel Goods
57

64

4202
5 - 15

0 - 15

5 - 15

For more detailed tariff information, see the Autoridad Nacional de Aduanas (National Customs Authority). At the top, hold mouse over “Manuales y Procedimientos” > click on “Arancel Oficial de Actualizado”. Under “Descargas Rápidas:”, click on #2 “Arancel de Importación Vigente (Julio 2014)”. Use the “DAI” Column; or the Current Situation of Schedules of Members on the World Trade Organization website.

To obtain information about tariffs on individual U.S.-origin products exported to FTA member countries, you may use the FTA Tariff Tool.
Additional Import Taxes and Fees—In addition to tariffs, all imports into Panama are subject to a 7 percent transfer or value added tax (ITBM) levied on the c.i.f. value plus import duties and other handling charges.

Samples/Temporary Entry-- Special temporary provisions apply in the case of trade shows and exhibitions taking place at Panama's exhibition and convention center, Atlapa. Goods can enter the Atlapa Convention Center with no warranty payment or bond required. Certain shows held at Atlapa enjoy duty free status and the merchandise displayed may be sold off the floor with no duties. Samples with commercial value are subject to temporary entry requirements. Samples with no commercial value are admitted duty free. If samples arrive in large containers, they will be dutiable even though they may be marked as free samples.

For information on how to determine tariff rates, see the Export.gov webpage on Tariffs and Import Fees.

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Import Documentation/Procedures (Panama)

Some imports, such as used clothing, are subject to mandatory consultation with the Valuation Department of the National Customs Authority prior to clearance if there is a justified risk because of their source, origin, value, nature or condition. Such goods must be valued according to certain criteria and must have a "Sworn Declaration of Value" form that is signed by the importer (or a legal representative) declaring the existence and terms of a commercial transaction so that controls may be conducted prior to clearance.

For more information on local customs rules and regulations:
Autoridad Nacional de Aduanas
National Customs Authority

Direccion General de Aduanas
(Ministerio de Economia y Finanzas
Directorate General of Customs
Ministry of Economy and Finance)
For information on common export documents, such as transportation documents, export compliance documents, certificates of origin, certificates for shipments of specific goods, temporary shipment documents, and other export-related documents, see the Export.gov webpage on Common Export Documents.

For more information on import procedures and documentation requirements, see the Country Commercial Guides (CCG) in the U.S. Commercial Service Market Research Library (enter your country of interest in the "country" field, and enter "Country Commercial Guide (CCG)" in the "Report Type" field. Some market research reports are available only to U.S. companies and U.S. students/researchers that are registered with Export.gov.

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Import Restrictions (Panama)
No information is currently available on any bans, quotas, or other restrictions.

U.S. Export Restrictions:

The Office of Foreign Assets Control (OFAC) in the U.S. Department of the Treasury administers and enforces economic and trade sanctions against targeted foreign countries, terrorists, and international narcotics traffickers and their agents in accordance with U.S. foreign policy and national security goals. The OFAC website includes summaries of sanctions programs for various countries and the “Specially Designated Nationals and Blocked Persons” (SDNs) list of entities and individuals with whom U.S. persons may not conduct business and whose property must be blocked if under the control of a U.S. person.

The Bureau of Industry and Security (BIS) in the U.S. Department of Commerce is responsible for implementing and enforcing the Export Administration Regulations (EAR), which regulate the export and re-export of most commercial items. BIS maintains the Denied Persons List, which consists of individuals, and companies that have been denied export and re-export privileges by BIS, and the Entity List, which consists of foreign end users who pose an unacceptable risk of diverting U.S. exports and the technology they contain to alternate destinations for the development of weapons of mass destruction
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Standards - Panama
The Directorate General of Standards and Industrial Technology - DGNTI establishes technical regulations and standards in Panama. DGNTI performs its functions through its three departments: Standards, Certifications and the Information Center. All final technical norms and regulations are published by the Ministry of Commerce and Industry in the Gaceta Oficial.

Local standards organization and other resources:
Ministerio de Comercio e Industria
--Directorate General of Standards and Industrial Technology - DGNTI
--Comision Panameña de Normas Industriales y Tecnicas - COPANIT

Consejo Nacional de Acreditacion - CNA
National Council for Accreditation

The National Center for Standards and Certification Information (NCSCI) at the National Institute of Standards and Technology (NIST) in the U.S. Department of Commerce provides information on U.S. and foreign standards, technical regulations, and conformity assessment procedures for non-agricultural products. NCSCI staff responds to requests for information by identifying relevant standards and regulations, and by referral to the appropriate standards-developers or private-sector organizations. Under copyright restrictions, NCSCI cannot provide copies of standards, but NCSCI does provide sources for accessing standards.

U.S. companies can register for the Notify U.S. service to learn about and comment on proposed changes to foreign standards, technical regulations, and conformity assessment procedures that may affect U.S. access to global markets.

Additional resources:

Examples of voluntary formaldehyde labeling programs

American Apparel and Footwear Association's Restricted Substances List

American National Standards Institute (ANSI)

International Organization for Standardization (ISO)

Footwear Distributors and Retailers of America (FDRA) 2014 global guidebook on Understanding Chemical and Physical Requirements for Footwear

ASTM International


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Labeling - Panama
Local regulations require labels to be in the Spanish language, although this is not enforced at present, except for medicines, agricultural chemicals, toxic products, and food products that require specific instructions or warnings due to human health risks. The Ministry of Commerce and Industry (Ministerio de Comercio e Industrias) is currently reviewing a decree that would require all labels to be in Spanish. Labels are required to have basic information regarding the name and address of manufacturer, expiration date, lot number, and the product form, e.g. powder, liquid, etc.

In general, products which comply with U.S. labeling and marking requirements are accepted for sale in Panama.

All goods arriving in Panama intended for re-exportation immediately must be marked "PANAMA IN TRANSIT" on each box or outside container. If the goods are eligible for duty free treatment under the TPA between the United States and Panama, the temporary procedure does not apply.

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Intellectual Property Rights - Panama
Intellectual property policy and practice in Panama is the responsibility of an Inter-institutional Committee for Intellectual Property - CIPI. CIPI coordinates enforcement actions and develops strategies to improve compliance with the law. The Trademark Registration Office’s website allows applicants to track the status of their Trademark and Patent applications. For more information, see the Dirección General del Registro de la Propiedad Industrial - DIGERPI website.(Directorate-General for Industrial Property Registration).

The TPA provides for improved standards for the protection and enforcement of a broad range of IPR, including protections for patents and trademarks; and further deterrence of piracy and counterfeiting. Under the TPA, Panama must also maintain a system of registration that provides efficient and transparent procedures governing applications to protect trademarks.

For information on protecting your trademarks, patents and copyrights:

Export.gov --Protecting Intellectual Property Rights (IPR) Abroad

StopFakes.gov


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Market Information - Panama


Government Procurement-- See Global Procurement Opportunities for U.S. exporters.

The local authority is the Direccion Nacional de Contrataciones Publicas (National Procurement Office). All proposed government purchases must be published on the Internet-based procurement system--PanamaCompra. For information on Panama Canal procurement opportunities, see the Panama Canal Authority website.

The TPA requires Panama’s procuring entities to use fair and transparent procurement procedures, including advance notice of purchases and timely and effective bid review procedures, for procurement covered by the TPA. U.S. suppliers are permitted to bid on procurement above certain thresholds of most Panamanian government entities, including key ministries and state owned enterprises, on the same basis as Panamanian suppliers. In particular, U.S. suppliers are permitted to bid on procurement by the Panama Canal Authority. The TPA also helps to the strengthen rule of law and fight corruption by requiring Panama to ensure under its domestic law that bribery in matters affecting trade and investment, including in government procurement, is treated as a criminal offense or is subject to comparable penalties.

U.S. companies may contact the U.S. Commercial Service for information and personalized counseling at every step of the exporting process. Find a U.S. Export Assistance Center near you or contact an international office.

Other sources for market information and data:
OTEXA Export Market Report (U.S. export data for textiles, apparel, footwear and travel goods)

Export.gov Trade Data & Analysis webpage

U.S. Department of Agriculture, Foreign Agricultural Service

U.S. Department of State - U.S. Embassies, Consulates, and Diplomatic Missions and
U.S. Department of State Country Background Notes

U.S. Office of the Trade Representative

Local Industry and Trade Associations

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