Stable with minor fluctuations over the past 3 years
Special Rates
Preferential Rate under US-Panama Trade Promotion Agreement (TPA)
0%
Applicable to goods originating from the United States under the TPA, subject to Rules of Origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Panama Trade Agreement Update on Chemical Exports
Recent discussions under the US-Panama Trade Promotion Agreement have highlighted a streamlined process for exporting Dinitro-o-cresols (other than 4,6-dinitro-o-cresol) and 4-nitro-m-cresol, focusing on reducing documentation requirements.
2023-10-15
Impact: This is expected to facilitate smoother and faster trade of these chemicals, potentially increasing export volumes from the US to Panama.
Panama Imposes Temporary Import Restrictions on Specific Chemicals
Panama has introduced temporary import restrictions on certain chemical compounds, including Dinitro-o-cresols (other than 4,6-dinitro-o-cresol), citing environmental concerns.
2023-09-22
Impact: This may lead to a decrease in US exports of these chemicals to Panama until environmental compliance measures are clarified.
US Chemical Exporters Seek Clarity on Panama Tariff Adjustments
US exporters of 4-nitro-m-cresol have raised concerns over unclear tariff adjustments by Panama, affecting shipment planning and costs.
2023-08-30
Impact: Uncertainty in tariff rates could temporarily disrupt trade flows and increase costs for US exporters to Panama.
Policy Updates
US-Panama Trade Promotion Agreement Amendment
An amendment to the US-Panama TPA was signed, reducing regulatory barriers for chemical exports, including Dinitro-o-cresols and 4-nitro-m-cresol, to promote bilateral trade.
Date: 2023-10-10
Panama Environmental Compliance Regulation
Panama introduced new environmental compliance requirements for importing specific chemicals, mandating additional certifications for Dinitro-o-cresols (other than 4,6-dinitro-o-cresol).
