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Panama did not make any policy changes regulating Genetically Engineered (GE) plants, seeds and animals (including for GE microbes) in 2021. Panama has not established the implementing regulations of Law 48 of 2002, which created the National Commission of Biosafety for Genetically Modified Organisms.
The Venezuelan regime bans the use and research of modern biotechnology-derived agriculture. The United States is currently the leading exporter of biotech-derived crops to Venezuela, including corn, soybeans, soybean meal, and soybean oil.
This report provides an overview of ag trade trends in Panama over the first half of 2021. In particular, this report highlights selected high-growth categories.
Grain and feed news is positive this year in Venezuela. The forecast for winter crops is favorable due to sufficient rainfall resulting in above average yields for corn and rice.
This report provides U.S. food and agriculture exporters information on how to do business with the Hotel, Restaurant, and Institutional (HRI) sector in Panama.
Since 2013, total meat consumption in Venezuela has declined 69.1 percent. However, a relatively better economic climate since 2019 has helped stabilized beef production and led to a significant recovery in chicken production.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the retail food sector in Panama.
Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT.
In marketing year (MY) 2021/22, corn and rice production is forecast to increase due to greater area planted and slightly improved yields.
Panama is a tourism destination and a regional logistics hub
This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products.