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Global Tariffs, Categorized
🇺🇸 United States
🇵🇦 Panama
📦 Except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. eastern daylight time on April 9, 2025, except for products described in headings 9903.01.28-9903.01.33, and except as provided for in heading 9903.01.34, articles the product of Côte d`Ivoire or Namibia, as provided for in subdivision (v) of U.S. note 2 to this subchapter [Compiler's note: provision suspended.]
🇺🇸 → 🇵🇦

United States to Panama Trade Analysis for Except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. eastern daylight time on April 9, 2025, except for products described in headings 9903.01.28-9903.01.33, and except as provided for in heading 9903.01.34, articles the product of Côte d`Ivoire or Namibia, as provided for in subdivision (v) of U.S. note 2 to this subchapter [Compiler's note: provision suspended.]

Detailed tariff information for Except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. eastern daylight time on April 9, 2025, except for products described in headings 9903.01.28-9903.01.33, and except as provided for in heading 9903.01.34, articles the product of Côte d`Ivoire or Namibia, as provided for in subdivision (v) of U.S. note 2 to this subchapter [Compiler's note: provision suspended.] imports

Except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. eastern daylight time on April 9, 2025, except for products described in headings 9903.01.28-9903.01.33, and except as provided for in heading 9903.01.34, articles the product of Côte d`Ivoire or Namibia, as provided for in subdivision (v) of U.S. note 2 to this subchapter [Compiler's note: provision suspended.] Tariff Rate

HS Code:

Variable by HS Code (specific rate unavailable without exact HS Code)
Effective N/A (suspended provision as per note)
View general trade relationship between United States and Panama

Trade Volume

Value
$8.3 billion (total trade between U.S. and Panama)
Year
2022
Trend
Stable with slight increase in U.S. exports to Panama

Special Rates

Preferential Rate
Free (if applicable under USMCA or other agreements)
Applies to qualifying goods under the US-Panama Trade Promotion Agreement (TPA) effective since October 31, 2012, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Panama Trade Promotion Agreement Continues to Boost Bilateral Trade
The U.S.-Panama Trade Promotion Agreement (TPA), effective since 2012, has led to a significant increase in bilateral trade, with U.S. exports to Panama reaching $12 billion in 2022. Recent data highlights growth in agricultural and manufactured goods.
October 15, 2023
Impact: Strengthens economic ties and reduces tariffs on most goods, facilitating smoother trade flows and benefiting exporters on both sides.
Panama Canal Delays Impact U.S. Trade Logistics
Severe drought conditions have led to reduced Panama Canal transit capacity, causing delays for U.S. goods shipped through the canal. This affects trade timelines between the U.S. and Panama, as well as broader global supply chains.
November 5, 2023
Impact: Increases shipping costs and delays delivery of goods, potentially affecting trade volumes and pricing for U.S.-Panama trade routes.
U.S. and Panama Discuss Trade Facilitation Enhancements
U.S. and Panamanian officials met to discuss improvements in customs procedures and digital trade frameworks to further streamline bilateral trade under the existing TPA framework.
December 1, 2023
Impact: Potential for reduced administrative barriers and faster clearance of goods, enhancing trade efficiency between the two nations.
Policy Updates
Suspension of Specific Tariff Provisions for Côte d'Ivoire and Namibia Goods
As per the provided note, specific tariff provisions under headings related to goods from Côte d'Ivoire and Namibia are suspended, except for goods already in transit before 12:01 a.m. EDT on April 9, 2025, and specific exclusions under headings 9903.01.28-9903.01.34. Note that this provision does not directly impact U.S.-Panama trade but is relevant to broader U.S. tariff policy.
Date: April 9, 2025 (effective date noted in query)