Panama has an important variety of traditional agricultural products that have been exported to different countries in the world and is entering new businesses that are produced in our country with a high quality and that comply with the export requirements.
Panama has the MD2 variety that is grown in the Azuero, Chiriquí, Western Panamá and Bocas del Toro regions. With international export to markets such as the United States, Europe, Asia, Africa and China.
Papaya is one of the most common tropical fruits in Panama. 86% is grown in the Chiriquí province, highlighting the Maradol and Tainung varieties. It is currently exported to the United States and Canada
In Panama, the varieties Quetzalí, Joya, Klondike, Sugar Baby are produced, mainly in the regions of Azuero, Veraguas, Chiriquí and Western Panamá. The main export markets are: United States, Europe, Africa and America.
SIt is estimated that by the year 2024, Panama may have an exportable supply of Pitahaya. The target markets are Europe, Asia and the United States.
It is a product that is grown mainly in the Chiriquí and Bocas del Toro provinces. Plantain has a high export potential in markets in Europe and the United States.
The Brazilian and Valencia varieties are those that are grown in Panama due to the interest of international markets. The main production is in Chiriquí, Azuero, Veraguas, Coclé and Darién. Currently, the fresh, waxed, frozen, chopped and skinless yucca is exported.
The Government of Panama has invested heavily in the growth of the agricultural industry, which leads to a favorable business environment. Some examples of initiatives are:
- Condonation of Debt.
- Lowering interest rates for local farmers.
- Investment in infrastructure: such as cold chain irrigation and storage projects.
The revitalization of the local agricultural sector leads to other complementary industrial opportunities, such as food processing and manufacturing, as well as research and development..
Law No. 196 of 2021 creates the special regime for the establishment of operating and development of Agropark companies and dictates provisions for their operation.Continue reading