U.S. Commercial Service &
               Panama




         Sandra Campbell
Senior International Trade Specialist
U.S. Co...
U.S. Commercial Service


   The U.S. Commercial Service is part of the U.S. Department
   of Commerce, with over 100 offi...
How We Help


• Target the best markets with market
  research.
  – Sector/sub-sector specific reports
  – Customized repo...
How We Help



• Organize trade events
  – Trade shows
  – Trade missions
  – Foreign Buyer Program at U.S. Shows


• Advo...
Panama
                        The Cross Roads of the World

           “Location, Location, Location”, more significant t...
Panama’s Advantages

Dollarized economy, simplifies business planning, no
currency risk.
Large local banking sector, finan...
Panama’s Principal Trading
                              Partners

Total Imports to Panama: $ 13.6 billion
(2009 est.)
U.S...
Panama’s Opportunities

                Energy                          Technology Hub
Electrical generation - $1 billion ...
Best Prospect for U.S.
                               Exports

 1. Wholesaling & Warehousing
 2. Building Products
 3. Tra...
Our Services



Trade Counseling
Market Research
International Partner Search
Gold Key Service
International Company Profi...
Gold Key Service


Pre-screened appointment schedule
arranged for you before you travel
overseas
Customized market and ind...
Our Staff in Panama

 Daniel Crocker, Senior Commercial Officer
Enrique Tellez, Senior Commercial Specialist
    Jeane Zun...
Contact Us

     U.S. Commercial Service
Tampa Bay Export Assistance Center
    sandra.campbell@trade.gov
  727-893-3738 *...
Sandra Campbell, U.S. Commercial Service, Acting Director & Senior International Trade Specialist
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Sandra Campbell, U.S. Commercial Service, Acting Director & Senior International Trade Specialist

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Sandra Campbell, U.S. Commercial Service, Acting Director & Senior International Trade Specialist

  1. 1. U.S. Commercial Service & Panama Sandra Campbell Senior International Trade Specialist U.S. Commercial Service Tampa Bay
  2. 2. U.S. Commercial Service The U.S. Commercial Service is part of the U.S. Department of Commerce, with over 100 offices in the U.S. and 80 countries worldwide within U.S. Embassies/Consulates. Our Mission: – Help companies export U.S. made products and services. – To represent U.S. business interests internationally. – Place emphasis on small & medium-sized enterprises.
  3. 3. How We Help • Target the best markets with market research. – Sector/sub-sector specific reports – Customized reports • Recommend best export strategies. • Identify reliable international partners. – Gold Key Service – International Partner Search
  4. 4. How We Help • Organize trade events – Trade shows – Trade missions – Foreign Buyer Program at U.S. Shows • Advocate on your behalf
  5. 5. Panama The Cross Roads of the World “Location, Location, Location”, more significant than size!!! • Population: 3.3 million • GDP: $25.04 billion (2009 est.) • GDP per capita: $11,900 (2009 est.) • GDP: Composition by sector: Services 75%, Industry 18%, Agriculture 6% • Source: CIA World Factbook
  6. 6. Panama’s Advantages Dollarized economy, simplifies business planning, no currency risk. Large local banking sector, finance & credit availability. Finest intermodal transport capability in the region. Ports on Atlantic and Pacific Oceans. Stable economic and political environment. Major regional logistics center with direct air routes throughout Latin America. Strong preferences for U.S. made products and services. Bilingual and well educated workforce. High level of personal security.
  7. 7. Panama’s Principal Trading Partners Total Imports to Panama: $ 13.6 billion (2009 est.) U.S. Imports from Panama : $304 million U.S. Export to Panama : $4.3 billion (est. $1 billion going to the Colon Free Zone) Other trading partners: Europe, China, Japan, Mexico and South America Import Sectors: •Automotive •Consumer Goods •Apparel •Telecom •Computers •Air Conditioning •Construction •Energy •Pharmaceuticals
  8. 8. Panama’s Opportunities Energy Technology Hub Electrical generation - $1 billion Panama is a crossroads for global fiber optic cables Logistic Services Panama Canal - $5.25 billion Ports on Atlantic & Pacific $500 million Howard Special Zone Colon Free Zone City of Knowledge
  9. 9. Best Prospect for U.S. Exports 1. Wholesaling & Warehousing 2. Building Products 3. Travel & Tourism 4. Telecommunications Equipment 5. Computer & Peripherals 6. Construction Equipment 7. Air Conditioning & Refrigeration Equipment 8. Electrical Power Systems 9. Security & Safety Equipment 10. Materials & Handling Machinery
  10. 10. Our Services Trade Counseling Market Research International Partner Search Gold Key Service International Company Profile Single Company Promotion
  11. 11. Gold Key Service Pre-screened appointment schedule arranged for you before you travel overseas Customized market and industry briefings with our local trade specialists Post-meeting debriefing with our trade specialists and assistance in developing appropriate follow-up strategies Help with travel, accommodations, interpreter service, and clerical support
  12. 12. Our Staff in Panama Daniel Crocker, Senior Commercial Officer Enrique Tellez, Senior Commercial Specialist Jeane Zuniga, Commercial Specialist Diana Lozano, Commercial Assistant
  13. 13. Contact Us U.S. Commercial Service Tampa Bay Export Assistance Center sandra.campbell@trade.gov 727-893-3738 * www.export.gov

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