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Changes to Panama's import requirements reflected in this report are for beef, pork, poultry, dairy products, and prior notifications of imported food. A new law establishes the inspections and food safety regulations for food products.
Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products.
On July 20, 2018, the Government of Panama activated the Agricultural Special Safeguard under the U.S. – Panama Trade Promotion Agreement (TPA), re-establishing the bound tariff rate of 70 percent...
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.