sandra campbell, u.s. commercial service, acting director & senior international trade...
DESCRIPTION
TRANSCRIPT
U.S. Commercial Service & Panama
Sandra CampbellSenior International Trade SpecialistU.S. Commercial Service Tampa Bay
U.S. Commercial Service
Our Mission:– Help companies export U.S.
made products and services. – To represent U.S. business
interests internationally.– Place emphasis on small &
medium-sized enterprises.
The U.S. Commercial Service is part of the U.S. Department of Commerce, with over 100 offices in the U.S. and 80 countries worldwide within U.S. Embassies/Consulates.
How We Help
• Target the best markets with market research.– Sector/sub-sector specific reports– Customized reports
• Recommend best export strategies.• Identify reliable international partners.
– Gold Key Service– International Partner Search
How We Help
• Organize trade events– Trade shows– Trade missions– Foreign Buyer Program at U.S. Shows
• Advocate on your behalf
PanamaThe Cross Roads of the World
““Location, Location, LocationLocation, Location, Location””, more significant than size!!!, more significant than size!!!
• Population: 3.3 million
• GDP: $25.04 billion (2009 est.)
• GDP per capita: $11,900 (2009 est.)
• GDP: Composition by sector: Services 75%, Industry 18%, Agriculture 6%
• Source: CIA World Factbook
Panama’s Advantages
Dollarized economy, simplifies business planning, no currency risk.Large local banking sector, finance & credit availability.Finest intermodal transport capability in the region. Ports on Atlantic and Pacific Oceans.Stable economic and political environment.Major regional logistics center with direct air routes throughout Latin America.Strong preferences for U.S. made products and services.Bilingual and well educated workforce.High level of personal security.
Panama’s Principal Trading Partners
Total Imports to Panama: Total Imports to Panama: $ 13.6 billion $ 13.6 billion (2009 est.)(2009 est.)
Import Sectors: Import Sectors: ••AutomotiveAutomotive
••TelecomTelecom
••ConstructionConstruction
Other trading partners: Europe, China, Japan, Mexico and South America
U.S. Imports from Panama : $304 millionU.S. Export to Panama : $4.3 billion (est. $1 billion going to the Colon Free Zone)
••Consumer GoodsConsumer Goods
••ComputersComputers
••EnergyEnergy
••ApparelApparel
••Air ConditioningAir Conditioning
••PharmaceuticalsPharmaceuticals
Panama’s Opportunities
EnergyEnergy Technology HubTechnology HubPanama is a crossroads for global
fiber optic cablesElectrical generation - $1 billionElectrical generation - $1 billion
Logistic ServicesLogistic Services
Panama Canal - $5.25 billion
Ports on Atlantic & Pacific $500 million
Howard Special Zone
Colon Free Zone
City of Knowledge
Panama Canal - $5.25 billion
Ports on Atlantic & Pacific $500 million
Howard Special Zone
Colon Free Zone
City of Knowledge
Best Prospect for U.S. Exports
1. Wholesaling & Warehousing1. Wholesaling & Warehousing
2. Building Products2. Building Products
3. Travel & Tourism3. Travel & Tourism
4. Telecommunications Equipment4. Telecommunications Equipment
5. Computer & Peripherals5. Computer & Peripherals
6. Construction Equipment6. Construction Equipment
7. Air Conditioning & Refrigeration Equipment7. Air Conditioning & Refrigeration Equipment
8. Electrical Power Systems8. Electrical Power Systems
9. Security & Safety Equipment9. Security & Safety Equipment
10. Materials & Handling Machinery10. Materials & Handling Machinery
Our Services
Trade CounselingMarket ResearchInternational Partner SearchGold Key ServiceInternational Company ProfileSingle Company Promotion
Gold Key Service
Pre-screened appointment schedule arranged for you before you travel overseasCustomized market and industry briefings with our local trade specialistsPost-meeting debriefing with our trade specialists and assistance in developing appropriate follow-up strategies Help with travel, accommodations, interpreter service, and clerical support
Our Staff in Panama
Daniel Crocker, Senior Commercial OfficerEnrique Tellez, Senior Commercial Specialist
Jeane Zuniga, Commercial SpecialistDiana Lozano, Commercial Assistant
Contact Us
U.S. Commercial ServiceTampa Bay Export Assistance Center
[email protected] * www.export.gov