Certificate of origin:
It must be duly filled out, with the signatures of the exporter and the entities that issue this document, VICOMEX, Chamber of Commerce and the Industrial Union of Panama, in addition to its corresponding seal, endorsed by VICOMEX in original and three (3) copies. .
Phytosanitary certificate:
This certificate is requested in the place where the product or packaging originates, it is issued by the Directorate of Plant Health of MIDA, through the Regional Directorates.
Plant Certification:
This certificate must be requested from the Food Control and Veterinary Surveillance Division of the Ministry of Health. It is extended every three months, the cost of plant certification is B/. 100.00 in the metropolitan area, B/. 160.00 in the Port of Vacamonte and B/. 200.00 inside the Republic.
Export license:
This license is issued by the Legal Department of the General Directorate of Customs.(*)
Export Visa:
The visa is issued by the Single Window for Foreign Trade, VICOMEX.(*)
The best way to establish a price for the export product is to start with the “ex-works” price, add a profit percentage and offer it FOB to an importer abroad.
This may be the easiest method, but far from being the best, as it could be that its price in the target market is very low, allowing the importer exaggerated profits without any participation for the exporter, or it could be the case that the price be very high, which prevents you from gaining a share in the market, since there are no people who want to buy the product.
Exporters from countries like ours usually follow the established prices and do not impose prices on the market. Rarely will the products be so differentiated (unique) that it can dictate the price in the target market.
Export Sector
Panama has always distinguished itself as a predominantly service economy, which is reflected in its gross domestic product, in which this sector is responsible for 85%.
The export sector has experienced growth in the last 10 years, largely due to internal modifications and the adaptation of the Panamanian exportable offer to the requirements of international markets. Our goal is to reach $1 billion in exports of goods by the year 2002.
The strategy for the promotion of exports of Panamanian products to international markets includes a transformation of the local exportable offer, through a process of readjustment of the same, so that it meets the quality requirements demanded by the markets.
In addition, we place special emphasis on the promotion of non-traditional products such as: melons, watermelon, pineapples and some tubers that are produced in Panama with excellent quality conditions and at competitive prices.