Sector footprint
$72.9M in exports
Reported agriculture and food exports in 2024 across 40 qualifying HS6 products.
Sector export playbook ยท HS 01-24
Panama Agriculture and food exports
where capability meets demand
Explore Panama's HS 01-24 product portfolio, buyer markets, growth signals, and diversification opportunities. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.
Sector exports$72.9M2024 reported value
Products40Qualifying HS6 products
Buyer markets14Markets represented
Average CAGR+14.0%Product-level growth signal
Global sector size$145.3BReported buyer imports
Agriculture and food capability
How strong is Panama in this sector?
Compare exporter scale with product breadth, buyer demand, growth, and destination reach. A large sector does not remove the need for product, compliance, pricing, and buyer validation.
Global demand
$145.3B buyer imports
The sector's reported buyer import base provides context for product and market prioritization.
How to use the guide
Find the next credible move
Start with products that combine demand and exporter capability, then validate standards, route economics, buyers, and competition.
Product portfolio
Which products anchor the sector?
Each HS6 product is ranked by calculated opportunity and shown with reported market size, exporter exports, growth, and destination reach.
| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
|---|---|---|---|---|---|---|
| HS 020230Meat: of bovine animals, boneless cuts, frozen | $10.7B | $3.2M | $11.4B | +39.0% | 1 | +0.0% |
| HS 210690Food preparations: n.e.s. in item no. 2106.10 | $17.2B | $4.5M | $9.6B | +14.8% | 5 | +0.0% |
| HS 220300Beer: made from malt | $8.7B | $46.4K | $8.5B | +14.8% | 2 | +0.0% |
| HS 190590Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $9.1B | $12.3K | $7.2B | -9.6% | 2 | +0.0% |
| HS 220890Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208 | $4.9B | $333.9 | $6.6B | -17.6% | 1 | +0.0% |
| HS 030617Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $9.1B | $8.7M | $6.2B | +4.1% | 2 | +0.1% |
| HS 090111Coffee: not roasted or decaffeinated | $14.8B | $6.9M | $6.1B | -3.3% | 4 | +0.0% |
| HS 220421Wine: still, in containers holding 2 litres or less | $9.3B | $80.5K | $4.0B | -2.2% | 3 | +0.0% |
| HS 240220Cigarettes: containing tobacco | $3.9B | $38.9K | $3.6B | -32.1% | 2 | +0.0% |
| HS 090121Coffee: roasted, not decaffeinated | $3.9B | $2.0M | $2.6B | +26.1% | 2 | +0.0% |
| HS 220820Spirits obtained by distilling grape wine or grape marc | $2.2B | $11.5K | $2.5B | +9.4% | 2 | +0.0% |
| HS 030441Fish fillets: fresh or chilled, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic (Salmo salar), Danube (Hucho hucho) | $2.6B | $2.5K | $2.2B | -7.4% | 1 | +0.0% |
| HS 230400Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil | $2.3B | $14.8M | $2.2B | +71.4% | 1 | +1.0% |
| HS 030633Crustaceans: live, fresh or chilled, crabs, whether in shell or not | $1.7B | $244.3 | $2.1B | -55.8% | 1 | +0.0% |
| HS 151800Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils | $2.4B | $141.4K | $2.1B | -20.3% | 1 | +0.0% |
| HS 151190Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $1.6B | $1.4M | $2.0B | +582.0% | 1 | +0.1% |
| HS 060319Flowers, cut: flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh, other than roses, carnations, orchids, or chrysanthemums | $2.2B | $9.0K | $1.9B | -2.1% | 2 | +0.0% |
| HS 070960Vegetables: fruits of the genus capsicum or of the genus pimenta | $2.2B | $460.3K | $1.9B | +23.6% | 1 | +0.0% |
| HS 230120Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates | $3.0B | $26.3M | $1.7B | +22.5% | 1 | +0.9% |
| HS 190531Food preparations: sweet biscuits, whether or not containing cocoa | $2.4B | $13.4K | $1.6B | -0.2% | 1 | +0.0% |
| HS 220830Whiskies | $2.1B | $13.9K | $1.5B | +5.6% | 1 | +0.0% |
| HS 170490Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa | $3.2B | $250.5K | $1.5B | +6.1% | 1 | +0.0% |
| HS 180100Cocoa beans: whole or broken, raw or roasted | $3.7B | $89.1K | $1.4B | +2.0% | 1 | +0.0% |
| HS 180620Chocolate & other food preparations containing cocoa: in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg | $1.4B | $28.3K | $1.4B | +15.5% | 1 | +0.0% |
| HS 060290Plants, live: n.e.s. in heading no. 0602 | $1.5B | $878.1 | $1.3B | -24.6% | 1 | +0.0% |
| HS 240210Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto | $1.5B | $19.2K | $1.3B | -7.2% | 1 | +0.0% |
| HS 020130Meat: of bovine animals, boneless cuts, fresh or chilled | $1.2B | $1.3K | $1.2B | -0.3% | 1 | +0.0% |
| HS 230910Dog or cat food: put up for retail sale, used in animal feeding | $2.2B | $9.6K | $1.1B | +11.5% | 1 | +0.0% |
| HS 030614Crustaceans: crabs, frozen (whether in shell or not, whether or not cooked by steaming or by boiling in water) | $1.0B | $2.4K | $1.1B | -13.7% | 1 | +0.0% |
| HS 220410Wine: sparkling | $1.7B | $122.2K | $1.1B | +13.7% | 1 | +0.0% |
| HS 070700Vegetables: cucumbers and gherkins, fresh or chilled | $1.4B | $3.3K | $1.1B | -6.8% | 1 | +0.0% |
| HS 180690Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18 | $1.9B | $29.2K | $1.0B | -0.3% | 1 | +0.0% |
| HS 200912Juice: orange, not frozen, of a Brix value not exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter | $790.6M | $60.3K | $984.8M | +16.3% | 1 | +0.1% |
| HS 080430Fruit, edible: pineapples, fresh or dried | $774.0M | $70.0K | $915.3M | +0.6% | 1 | +0.0% |
| HS 070993Vegetables: pumpkins, squash and gourds (Cucurbita spp.), fresh or chilled | $522.0M | $3.4M | $891.0M | -4.7% | 1 | +0.6% |
| HS 151211Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified | $1.2B | $322.0 | $849.6M | +4.7% | 1 | +0.0% |
| HS 160232Meat preparations: of the poultry of heading no. 0105, (i.e. of fowls of the species Gallus domesticus) | $546.6M | $62.2K | $841.3M | +14.7% | 1 | +0.0% |
| HS 200899Fruit, nuts and other edible parts of plants: prepared or preserved, whether or not containing added sugar, other sweetening matter or spirit, n.e.s. in heading no. 2008 | $1.9B | $28.0K | $815.7M | +2.9% | 1 | +0.0% |
| HS 220210Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured | $1.7B | $80.7K | $804.3M | +14.2% | 1 | +0.0% |
| HS 170114Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $814.6M | $686.1 | $789.1M | +21.0% | 1 | +0.0% |
Best markets
Where does sector demand concentrate?
Markets are ranked by calculated opportunity across the qualifying products in this sector view.
USA
USA, Puerto Rico and US Virgin Islands
30 products represented in the sector.
$59.8B$81.1B reported buyer importsCHN
China
6 products represented in the sector.
$22.2B$25.8B reported buyer importsDEU
Germany
5 products represented in the sector.
$7.7B$11.6B reported buyer importsCAN
Canada
3 products represented in the sector.
$4.5B$4.6B reported buyer importsMEX
Mexico
2 products represented in the sector.
$2.2B$2.3B reported buyer importsIDN
Indonesia
1 products represented in the sector.
$2.2B$2.3B reported buyer importsFRA
France
2 products represented in the sector.
$2.0B$3.1B reported buyer importsNLD
Netherlands
1 products represented in the sector.
$1.4B$3.7B reported buyer importsGBR
United Kingdom
1 products represented in the sector.
$1.1B$2.8B reported buyer importsITA
Italy
1 products represented in the sector.
$1.1B$2.6B reported buyer importsBEL
Belgium
1 products represented in the sector.
$994.4M$2.0B reported buyer importsKOR
Republic of Korea
1 products represented in the sector.
$994.2M$1.7B reported buyer importsGrowth stars
Which products show the strongest growth?
Average product-level CAGR is a screening signal. Confirm the latest trend, base effects, buyer quality, and commercial feasibility before acting.
| Product | Average CAGR | Opportunity | Markets |
|---|---|---|---|
| HS 151190Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | +582.0% | $2.0B | 1 |
| HS 230400Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil | +71.4% | $2.2B | 1 |
| HS 020230Meat: of bovine animals, boneless cuts, frozen | +39.0% | $11.4B | 1 |
| HS 090121Coffee: roasted, not decaffeinated | +26.1% | $2.6B | 2 |
| HS 070960Vegetables: fruits of the genus capsicum or of the genus pimenta | +23.6% | $1.9B | 1 |
| HS 230120Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates | +22.5% | $1.7B | 1 |
| HS 170114Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | +21.0% | $789.1M | 1 |
| HS 200912Juice: orange, not frozen, of a Brix value not exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter | +16.3% | $984.8M | 1 |
| HS 180620Chocolate & other food preparations containing cocoa: in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg | +15.5% | $1.4B | 1 |
| HS 210690Food preparations: n.e.s. in item no. 2106.10 | +14.8% | $9.6B | 5 |
Diversification opportunities
Which products reach the widest buyer base?
Destination count is a simple breadth indicator. It does not measure destination concentration or guarantee resilience.
HS 210690
Food preparations: n.e.s. in item no. 2106.10
5 markets$9.6B calculated opportunityHS 090111
Coffee: not roasted or decaffeinated
4 markets$6.1B calculated opportunityHS 220421
Wine: still, in containers holding 2 litres or less
3 markets$4.0B calculated opportunityHS 220300
Beer: made from malt
2 markets$8.5B calculated opportunityHS 190590
Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products
2 markets$7.2B calculated opportunityHS 030617
Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
2 markets$6.2B calculated opportunityHS 240220
Cigarettes: containing tobacco
2 markets$3.6B calculated opportunityHS 090121
Coffee: roasted, not decaffeinated
2 markets$2.6B calculated opportunityFrequently asked questions
Using the Agriculture and food export playbook
Practical guidance for interpreting sector scale, growth, product breadth, and buyer markets.
How strong is Panama in this sector?
Compare sector exports, product breadth, buyer markets, growth, and global demand. These signals identify research priorities rather than guarantee market access.
What are growth stars?
Products with higher average reported growth in the screened rows. Validate the time period, base effects, buyer demand, and current exporter position.
What does diversification mean here?
Products reaching more buyer markets in the screened data. Destination breadth is useful context but does not replace concentration, route, or buyer analysis.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.