Explore new markets: Canada and Panama have strong bilateral ties
Evaluating the market in Panama
We can help you get a better understanding of market activity, relationships and support to grow your business.
EDC Position
Open
What this means:
Actively pursuing business
All EDC solutions are available in this market, subject to regular approval criteria
How does EDC determine the position?
EDC takes the following into account when determining the position in a given market:
Government of Canada restrictions
Political, human rights and corruption risks
Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
Read the latest Government of Canada travel advisory for this market.
Business environment in Panama
Panama is expected to remain one of the fastest-growing economies in Latin America and a key business and services hub. It has a stable democracy, well-developed financial sector, and business-friendly environment. It also has several free trade agreements, including the Canada-Panama Free Trade Agreement.
Interested in growing your business in this market?
If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.