Exports In 2022, Panama exported $41.6M in Coffee, making it the 50th largest exporter of Coffee in the world. At the same year, Coffee was the 17th most exported product in Panama. The main destination of Coffee exports from Panama are: Chinese Taipei ($7.78M), United States ($5.7M), Japan ($5.5M), China ($5.26M), and South Korea ($4.17M).
The fastest growing export markets for Coffee of Panama between 2021 and 2022 were Chinese Taipei ($3.01M), South Korea ($1.42M), and Hong Kong ($541k).
Imports In 2022, Panama imported $23.4M in Coffee, becoming the 84th largest importer of Coffee in the world. At the same year, Coffee was the 178th most imported product in Panama. Panama imports Coffee primarily from: Nicaragua ($11.9M), Costa Rica ($2.51M), Colombia ($1.9M), Guatemala ($1.45M), and Honduras ($1.29M).
The fastest growing import markets in Coffee for Panama between 2021 and 2022 were Nicaragua ($9.82M), Costa Rica ($1.91M), and Honduras ($782k).
COMPANIES In 2023, leading companies such as Goya Foods (2) and Sucafina (1) were at the forefront of shipping Coffee from Panama to the United States.