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

Panama

Import Tariffs
Documentation/Procedures
Restrictions
Standards
Labeling
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 the latest date. 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.

If your product is primarily made in the U.S. of U.S. originating components it may qualify for duty-free entry into countries with which the U.S. has a free trade agreement (FTA). The U.S. currently has FTAs with the following countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea. See the FTA Tariff Tool, to determine the duty-free status or reduced duties that apply to products eligible under these free trade agreements.

Additional resources for tariff information:

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Import Documentation/Procedures (Panama)

No specific information is available.

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 country-specific information on import procedures and documentation requirements, see the
Country Commercial Guides (CCG) on the export.gov website.

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

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)

ASTM International

International Organization for Standardization (ISO)


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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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Market Information - Panama


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 Centers near you.

For information on protecting trademarks, designs, patents and copyrights, see the STOPFAKES.GOV website. STOPFAKES.GOV is dedicated to helping U.S. companies protect their innovations and safely market their products at home and overseas. Find guidance and resources on how to register your company's intellectual property and protect it from counterfeiting and piracy. Also find IPR toolkits for select countries, as well as other country-specific information.

For information on selling to foreign governments, see the Global Procurement Opportunities website.

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

U.S. Department of Agriculture, Foreign Agricultural Service

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

U.S. Office of the Trade Representative

Local Industry and Trade Associations

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