Trade Facilitation and Paperless Trade in Panama

Panama

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Overview & Charts

Full list of scores

    		2025Trade facilitation score of 73.12%
    	

    		    			    			Transparency: 80%; 
    		    			    			Formalities: 79.17%; 
    		    			    			Institutional Arrangement and Cooperation: 44.44%; 
    		    			    			Paperless Trade: 70.37%; 
    		    			    			Cross-Border Paperless Trade: 77.78%.
    		    	

Transparency
Online publication of import-export regulations	Partially implemented
Stakeholder consultation on draft regulations	Fully implemented
Advance publication/notification of trade regulations	Fully implemented
Advance rulings on import tariff classification and origin	Partially implemented
Independent appeal mechanism	Partially implemented

Formalities
Risk management	Fully implemented
Pre-arrival processing	Partially implemented
Post-clearance audits	Partially implemented
Separating release from final customs duties determination	Fully implemented
Establishment and publication of average release times	Partially implemented
Trade facilitation measures for authorized operators	Partially implemented
Expedited shipments	Partially implemented
Acceptance of copies for trade formalities	Fully implemented

Institutional Arrangement and Cooperation
National committee on trade facilitation	Partially implemented
National legislative framework for border agency cooperation	Partially implemented
Agencies delegating border controls to Customs	Not implemented
Alignment of working days/hours with neighbouring economies at borders*	Partially implemented
Alignment of formalities/procedures with neighbouring economies at borders*	Partially implemented

Paperless Trade
Automated Customs System	Fully implemented
Internet access for Customs and border agencies	Partially implemented
E-Single Window System	Partially implemented
E-Submission of Customs declarations	Partially implemented
E-Submission and issuance of import/export permits	Partially implemented
E-Submission of Sea Cargo Manifests*	Fully implemented
E-Submission of Air Cargo Manifests	Fully implemented
E-Application/issuance of Preferential Certificates of Origin	Partially implemented
E-Payment of Customs Duties	Fully implemented
E-Application for Customs refunds	Not implemented

Cross-Border Paperless Trade
Laws and regulations for electronic transactions	Fully implemented
Legal framework for digital authentication	Partially implemented
Electronic exchange of Customs Declaration	Partially implemented
Electronic exchange of Certificate of Origin	Partially implemented
Electronic exchange of Sanitary & Phyto-Sanitary Certificate	Partially implemented
Paperless collection of payment from letters of credit	Fully implemented

Transit Facilitation
Transit facilitation agreement(s)*	Fully implemented
Limit physical inspections/Use risk assessment for transit goods*	Not implemented
Pre-arrival processing for transit facilitation*	Partially implemented
Cooperation between agencies of economies involved in transit*	Fully implemented

Trade Facilitation for SMEs
Trade-related information measures for SMEs*	Fully implemented
SMEs in AEO scheme*	Partially implemented
SMEs access Single Window*	Partially implemented
SMEs in national committee(s) on trade facilitation*	Do not know
Other special measures for SMEs*	Do not know

Agricultural Trade Facilitation
SPS testing and laboratory facilities*	Partially implemented
SPS national standards and accreditation bodies*	Partially implemented
E-Application/issuance of SPS certificates*	Partially implemented
Special treatment for perishable goods*	Partially implemented

Women in Trade Facilitation
Trade Facilitation policy/strategy for women’s participation*	Partially implemented
Trade facilitation measures benefiting women*	Do not know
Women membership in national committee(s) on trade facilitation*	Do not know

Trade Finance Facilitation
Single window facilitates traders access to finance*	Not implemented
Authorities engaged in emerging tech project(s) covering trade finance*	Not implemented
Variety of trade finance services available*	Fully implemented

Trade Facilitation for E-Commerce
Legal framework to facilitate cross-border e-commerce*	Partially implemented
Customs duties waived on small value shipments*	Fully implemented
Immediate release procedures for e-commerce goods*	Partially implemented
AEO program for cross-border e-commerce*	Not implemented
E-submission of Customs declarations by postal operators/express carriers*	Not implemented

Green Trade Facilitation
Facilitation of sustainability reporting for traded goods*	Do not know
Trade facilitation of green and climate-smart goods*	Do not know
eCITES application/issuance/exchange*	Planning stage
Facilitation of legitimate trade in waste*	Do not know

*) Not included in calculation of the trade facilitation score.

Compare Panama to other economies or groupings

Did you find an inaccuracy and/or would you like to submit an update on implementation of trade facilitation and paperless trade measures in Panama? Please let us know »

Panama

2023 Global Report