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North & Central America and Caribbean

Panama

 Flag of Panama

Last reviewed: 4 August 2009

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TRADE AND INVESTMENT

Trade and Investment with the UK

According to UKTI, British trade in goods with Panama in 2008 was worth £148 million. That ranks Panama 10th in absolute numbers as an export destination for the whole of the American continent and the Caribbean. On a per capita basis, Panamanians bought an average of £46 per capita from the UK, ranking fourth behind Puerto Rico £65, Canada £110 and US £114. Emerging market Mexico managed less than £8 per capita. Brazil managed less than £9. The UK's principal exports to Panama are beverages (44%, notably Scotch whisky), medical and pharmaceutical (29%) and chemicals.Panamanian exports to the UK in 2008 were worth £12.1 million.

UK Trade & Investment Country Profile: Panama

UK Development Assistance

The Department for International Development does not have a programme in Panama. But the British Embassy in Panama City manages a number of small projects mostly dealing with climate change or the environment. Further information can be obtained from the Embassy. There is a large EU development assistance programme, including to the judicial authorities. The EU has financed the construction of over 20 small courthouses in rural areas and four of these were opened in August 2007.

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Contacts

Panama

Address:

Embassy of Panama
40 Hertford Street
London W1J 7SH

Telephone:

(020) 7493 4646

Fax:

(020) 7493 4333

Email: panama1@btconnect.com

Office hours: