APPENDIX TABLES Panama WT/TPR/S/186/Rev.1 
 Page 113  
 
 
Table AI.1  
Merchandise exports by product, 2000-2005  
(US$ million and per cent) 
Description 2000 2001 2002 2003 2004 2005 
  (US$ million) 
Total 772 857 799 799 890 964 
  (% of total) 
Total primary products 84.0 82.1 83.2 88.6 89.5 90.5 
   Agriculture 75.2 73.9 75.9 85.9 85.1 85.8 
      Food 73.7 73.1 74.9 85.0 83.8 85.0 
         0579 Fruit, fresh or dried, n.e.s. 2.1 3.1 5.2 6.5 9.3 14.4 
         0341 Fish, fresh or  chilled  6.2 5.9 7.7 8.8 10.2 10.7 
         0342 Fish, frozen 6.4 8.2 10.2 17.6 14.8 10.7 
         0345 Fish fillets, fres h or chilled 5.3 7. 2 8.3 9.5 10.2 10.6 
         0573 Bananas (including plantain s), fresh or dried 19.3 14.3 13.8 13.2 12.2 10.0 
         0361 Crustaceans, frozen 8.8 9.4 8.5 8.2 7.3 7.5 
         0611 Sugars, beet or cane, raw 2.6 1.6 1.9 1.6 1.2 2.5 
         0351 Fish, dried, salted or in brine 3.2 2.4 1.8 2.5 2.9 2.3 
         0011 Bovine animals, live 2.2 4.3 1.7 2.3 1.5 2.2 
      Agricultural raw materials 1.5 0.8 1.1 0.9 1.2 0.8 
         2919 Materials of animal origin, n.e.s. 1.0 0.2 0.2 0.2 0.2 0.2 
         2475 Wood of non-coniferous species, in the rough 0.0 0.1 0.2 0.3 0.6 0.2 
   Mining 8.8 8.2 7.2 2.7 4.4 4.7 
      Ores and other minerals 1.2 1.0 0.9 1.6 3.5 3.6 
      Non-ferrous metals 0.8 0.6 0.5 0.4 0.4 0.4 
         6842 Aluminium and aluminium alloys, worked 0.6 0.4 0.4 0.3 0.3 0.3 
      Fuels 6.7 6.7 5.9 0.7 0.5 0.7 
Manufactures 15.9 17.7 16.5 11.1 10.0 9.1 
   Iron and steel 0.0 0.1 0.1 0.0 0.0 0.0 
   Chemicals 5.0 4.1 4.1 2.9 2.4 2.6 
         5429 Medicaments, n.e.s. 2.1 2.2 2.6 1.8 1.5 1.6 
         5121 Acyclic monohydric alcohols 0.4 0.3 0.4 0.5 0.4 0.3 
   Other semi-manufactures 5.5 4.6 4.8 4.7 4.6 4.0 
         6114 Other bovine l eather and equine leather, without 
hair on (other than leather of subgroup 611.8)  0.9 0.8 0.8 1.0 0.9 0.7 
         6429 Articles of pa per pulp, paper, paperboard or 
cellulose wadding, n.e.s. 0.9 0.5 0.6 0.5 0.6 0.6 
   Machinery and transport equipment 0.1 2.9 2.6 0.1 0.2 0.1 
      Power-generating machinery 0.0 0.2 0.1 0.0 0.0 0.0 
      Other non-electrical machinery 0.0 0.7 0.5 0.0 0.0 0.0 
         Agricultural machinery and tractors 0.0 0.0 0.0 0.0 0.0 0.0 
      Office machines and telecommuni cations equipment 0.0 0.3 0.5 0.1 0.2 0.1 
         7521 Analogue or hybrid (analogue-digital) data-
processing machines 0.0 0.1 0.1 0.1 0.2 0.1 
      Other electrical machinery 0.0 0.1 0.1 0.0 0.0 0.0 
      Automotive products 0.1 1.4 1.2 0.0 0.0 0.0 
      Other transport equipment 0.0 0.2 0.2 0.0 0.0 0.0 
   Textiles 0.0 0. 2 0.1 0.0 0.0 0.0 
   Articles of apparel 2.7 2.1 1.8 1.4 1.0 1.1 
   Other consumer goods 2.5 3.8 3.0 2.0 1.7 1.3 
Other 0.0 0.1 0.3 0.3 0.6 0.5 
   Gold 0.0 0.1 0.3 0.3 0.6 0.5 
         9710 Gold, non-monetary 0.0 0.1 0.3 0.3 0.6 0.5 
Note: Data do not include exports from the Colon Free Zone or othe r free zones established in Panama to the rest of the world. 
Source : United Nations Statistics  Division (UNSD) Commodity Trade Statis tics (Comtrade) database (Standard 
International Trade Classification, SITC, Rev. 3). WT/TPR/S/186/Rev.1 Trade Policy Review 
Page 114 
 
 
Table AI.2  
Merchandise imports by product, 2000-2005  
(US$ million and per cent) 
Description 2000 2001 2002 2003 2004 2005 
  (US$ million) 
Total 3,378 2,986 3,035 3,124 .. 4,155 
  (% of total) 
Total primary products 31.6 34.0 32.0 27.7 .. 32.0 
   Agriculture 12.1 12.7 14.0 15.0 .. 13.0 
      Food 11.7 12.2 13.4 14.4 .. 12.5 
         0989 Food preparations, n.e.s. 1.4 1.4 1.9 1.9 .. 1.5 
         0449 Maize, other,  unmilled 0.9 1. 0 1.2 1.2 .. 1.0 
         0813 Oilcake  0.7 0.8 0.9 1.0 .. 0.8 
         0411 Durum wheat, unmilled 0.5 0.4 0.4 0.6 .. 0.5 
         0819 Food wastes and prepared animal feeds, n.e.s.  0.5 0.5 0.5 0.6 .. 0.5 
         0481 Cereal grains, worked or prepared  0.4 0.5 0.5 0.5 .. 0.5 
      Agricultural raw materials 0.5 0.5 0.5 0.6 .. 0.5 
   Mining 19.5 21.3 18.0 12.7 .. 19.0 
      Ores and other minerals 0.2 0.2 0.1 0.2 .. 0.2 
      Non-ferrous metals 0.7 0.6 0.8 0.7 .. 0.8 
         6842 Aluminium and aluminium alloys, worked 0.6 0.4 0.6 0.5 .. 0.6 
      Fuels 18.6 20.5 17.1 11.7 .. 17.9 
         3425 Butanes, liquefied 0.2 0.2 1.2 1.4 .. 1.2 
         3421 Propane, liquefied 0.0 0.0 0.0 0.1 .. 0.5 
Manufactures 68.4 65.9 68.0 72.3 .. 68.0 
   Iron and steel 2.5 2.4 3.0 3.8 .. 3.4 
         6741 Flat-rolled products of iron or non-alloy steel, plated or 
coated with zinc   0.8 0.7 0.7 0.9 .. 0.8 
         6743 Flat-rolled products of iron or non-alloy steel, painted, 
varnished or coated with plastics 0.3 0.2 0.3 0.3 .. 0.3 
   Chemicals 11.6 12.9 12.9 14.1 .. 12.8 
         5429 Medicaments, n.e.s. 1.9 2.4 2.3 2.9 .. 2.9 
         5542 Organic surface-active agents  (other than soap) 0.5 0.7 0.7 0.8 .. 0.6 
         5422 Medicaments cont aining hormones or other products of 
subgroup 541.5  0.9 0.9 0.7 0.5 .. 0.5 
   Other semi-manufactures 9.1 8.5 9.2 10.2 .. 9.0 
         6612 Portland cement 0.3 0.2 0.4 1.0 .. 0.8 
         6624 Non-refractory ceram ic bricks, tiles, pipes and similar 
products 0.6 0.5 0.6 0.6 .. 0.7 
         6429 Articles of paper pul p, paper, paperboard or cellulose 
wadding, n.e.s. 0.5 0.6 0.6 0.6 .. 0.5 
   Machinery and transport equipment 29.6 27.3 27.1 29.4 .. 29.0 
      Power-generating machinery 0.6 0.4 0.4 0.3 .. 0.2 
      Other non-electrical machinery 6.9 5.2 4.9 6.0 .. 5.4 
         7415 Air-conditioning machines  0.5 0.5 0.5 0.5 .. 0.5 
         7232 Mechanical shovels, excavators and shovel-loaders 0.2 0.1 0.2 0.2 .. 0.4 
         Agricultural machinery and tractors 0.4 0.3 0.3 0.4 .. 0.3 
      Office machines and telecommun ications equipment 7.2 8.5 8.2 8.1 .. 8.9 
         7641 Electrical apparatus for line tele phony or line telegraphy   1.3 2.2 2.5 2.8 .. 2.5 
         7599 Parts and accessories (other than covers, carrying cases and 
the like) suitable for use sole ly or principally with the 
machines of subgroups 751.1, 751.2, 751.9 and group 752 0.7 0.9 0.7 0.7 .. 0.7 
         7523 Digital processing units 0.2 0.2 0.3 0.4 .. 0.7 
Table AI.2 (cont'd) Panama WT/TPR/S/186/Rev.1 
 Page 115  
 
 
Description 2000 2001 2002 2003 2004 2005 
      Other electrical machinery 4.0 3.9 3.6 3.7 .. 3.6 
         7731 Insulated wire, cable  (including co-axial cable) and other 
insulated electric conductors 0.8 0.7 0.7 0.6 .. 0.8 
      Automotive products 9.8 7.5 9.3 10.7 .. 10.1 
         7812 Motor vehicles for the transport of persons, n.e.s. 6.4 5.0 5.9 7.2 .. 7.0 
         7843 Other parts and accessories of the motor vehicles of groups 
722, 781, 782 and 783 1.4 1.2 1.4 1.3 .. 1.2 
         7821 Motor vehicles for the transport of goods 0.6 0.4 0.7 1.1 .. 1.0 
      Other transport equipment 1.0 1.6 0.8 0.6 .. 0.7 
   Textiles 1.8 1.8 1.7 1.5 .. 1.3 
   Articles of apparel 2.9 2.9 3.2 2.8 .. 2.6 
   Other consumer goods 10.8 10.1 11.0 10.6 .. 10.0 
         8513 Footwear, n.e.s., w ith outer soles and uppers of rubber or 
plastics 0.7 0.7 0.9 0.8 .. 0.7 
Other 0.0 0.0 0.0 0.1 .. 0.0 
   Gold 0.0 0.0 0.0 0.0 .. 0.0 
.. Not available. 
Note: Data do not include imports from the rest of the world the main destination of which were the Colon Free Zone or other fr ee 
zones established in Panama. 
Source : United Nations Statistics  Division (UNSD) Commodity Trade Statis tics (Comtrade) database (Standard 
International Trade Classification, SITC, Rev. 3). WT/TPR/S/186/Rev.1 Trade Policy Review 
Page 116 
 
 
Table AI.3  
Merchandise exports by trading partner, 2000-2005  
(US$ million and per cent) 
Description 2000 2001 2002 2003 2004 2005 
  (US$ million) 
Total 772 857 799 799 890 964 
  (% of total) 
  America 71.4 73.6 72.4 70.2 67.6 64.4 
    USA 45.9 47.5 45.7 52.0 50.0 44.9 
    Other America 25.5 26.1 26.7 18.2 17.6 19.5 
      Canada 0.4 0.5 0.7 0.5 0.3 0.2 
      Costa Rica 5.3 5.1 5.0 4.2 4.1 4.0 
      Guatemala 2.8 2.2 2.2 1.7 1.3 2.2 
      Nicaragua 2.3 5.0 2.7 3.1 2.0 2.2 
      Mexico 3.1 2.0 2.0 1.5 1.6 1.8 
      Dominican Republic 1.6 1.1 2.1 1.0 1.1 1.7 
      Honduras 2.9 2.5 4.2 1.7 1.7 1.6 
      Colombia 1.1 0.9 0.8 1.1 1.3 1.6 
      El Salvador 1.2 0.8 1.3 1.2 1.2 1.0 
              
  Europe 21.7 19.2 20.7 23.9 25.2 28.2 
    EC (25) 21.7 19.1 20.5 23.9 25.1 28.2 
      Spain 1.7 2.1 2.8 5.7 5.1 8.9 
      Sweden 8.1 3.5 5.5 6.0 6.5 5.6 
      Netherlands 0.7 1.4 1.6 1.9 4.4 4.9 
      Belgium 5.1 4.3 4.1 3.0 3.3 2.6 
    EFTA 0.0 0.1 0.2 0.0 0.0 0.0 
    Other Europe 0.0 0.0 0.0 0.0 0.0 0.0 
              
  Commonwealth of Independent States (CIS)a 0.4 0.0 0.1 0.1 0.0 0.0 
      Russian Federation 0.4 0.0 0.1 0.1 0.0 0.0 
              
  Africa 0.1 0.0 0.0 0.0 0.0 0.0 
              
  Middle East 0.0 0.0 0.0 0.1 0.0 0.2 
      Iran, Islamic Republic of 0.0 0.0 0.0 0.0 0.0 0.1 
              
  Asia 5.0 4.0 3.1 4.4 6.3 5.9 
    China 0.2 0.4 0.3 1.5 1.2 1.1 
    Japan 1.5 1.4 1.3 0.8 0.3 0.4 
    Six East Asian traders 3.1 2.2 1.3 1.5 2.6 3.1 
      Chinese Taipei 1.9 1.4 0.6 0.8 1.2 2.1 
      Hong Kong, China  1.0 0.7 0.7 0.6 0.9 0.7 
      Korea, Rep. of 0.1 0.0 0.0 0.0 0.2 0.2 
      Thailand 0.0 0.0 0.0 0.0 0.2 0.1 
      Singapore 0.0 0.0 0.0 0.0 0.1 0.0 
      Malaysia 0.0 0.0 0.0 0.0 0.0 0.0 
    Other Asia 0.1 0.1 0.4 0.6 2.2 1.3 
      India 0.0 0.0 0.4 0.6 2.0 0.7 
      Bangladesh 0.0 0.0 0.0 0.0 0.0 0.6 
              
  Other 1.4 3.2 3.6 1.2 1.0 1.4 
      Free zonesb 1.4 3.1 3.6 1.2 1.0 1.4 
Memorandum items:             
    EC (15) 21.7 19.1 20.5 23.2 25.0 28.0 
a The Commonwealth of Independent States (CIS) comprises Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, 
Moldova, the Russian Federation, Tajikistan , Turkmenistan, Ukraine and Uzbekistan. 
b Merchandise from the rest of Panama which wa s exported to free zones established in Panama. 
Note: Data do not include exports from the Colon Free Zone or othe r free zones established in Panama to the rest of the world. 
Source : United Nations Statistics  Division (UNSD) Commodity Trade Statis tics (Comtrade) database (Standard 
International Trade Classification, SITC, Rev. 3). Panama WT/TPR/S/186/Rev.1 
 Page 117  
 
 
Table AI.4  
Merchandise imports by trading partner, 2000-2005  
(US$ million and per cent) 
Description 2000 2001 2002 2003 2004 2005 
  (US$ million) 
World 3,378 2,986 3,035 3,124 .. 4,155 
  (% of total) 
  America 67.2 67.3 66.4 65.2 .. 63.5 
    USA 33.1 33.0 34.3 35.0 .. 27.5 
    Other America 34.1 34.3 32.1 30.2 .. 36.0 
      Canada 1.2 0.9 0.7 0.6 .. 0.5 
      Netherlands Antilles 1.8 0.7 1.7 2.9 .. 11.4 
      Costa Rica 3.5 3.6 4.2 4.8 .. 4.7 
      Mexico 3.9 4.0 3.7 3.8 .. 3.7 
      Colombia 3.4 5.7 5.9 3.9 .. 3.5 
      Brazil 1.1 1.1 1.6 3.0 .. 3.1 
      Guatemala 1.8 1.9 2.1 2.3 .. 2.0 
      El Salvador 0.8 0.9 1.2 1.6 .. 1.3 
              
  Europe 9.4 8.8 7.5 7.8 .. 7.4 
    EC (25) 8.8 8.2 7.1 7.4 .. 7.0 
      Spain 1.8 1.7 1.4 1.6 .. 1.5 
      Germany 1.6 1.7 1.5 1.6 .. 1.3 
      Netherlands 0.6 0.6 0.6 0.5 .. 0.8 
    EFTA 0.4 0.3 0.4 0.3 .. 0.2 
      Switzerland and Liechtenstein 0.3 0.2 0.3 0.2 .. 0.2 
    Other Europe 0.2 0.2 0.1 0.1 .. 0.1 
              
  Commonwealth of Independent States (CIS)a 0.2 0.1 0.3 0.2 .. 0.2 
      Ukraine 0.1 0.0 0.2 0.2 .. 0.1 
      Russian Federation 0.2 0.1 0.0 0.0 .. 0.1 
              
  Africa 0.1 0.1 0.0 0.0 .. 0.0 
              
  Middle East 0.3 0.5 0.1 0.1 .. 0.1 
      Israel 0.2 0.2 0.1 0.1 .. 0.1 
              
  Asia 11.0 9.4 11.2 12.0 .. 11.8 
    China 0.6 0.8 1.3 1.5 .. 2.4 
    Japan 5.5 4.3 5.4 6.2 .. 4.5 
    Six East Asian traders 4.2 3.5 3.8 3.5 .. 3.9 
      Korea, Rep. of 2.4 1.8 2.1 2.0 .. 2.5 
      Chinese Taipei 0.8 0.8 0.6 0.6 .. 0.6 
      Hong Kong, China  0.8 0.7 0.7 0.6 .. 0.5 
      Thailand 0.1 0.1 0.2 0.2 .. 0.2 
      Malaysia 0.1 0.0 0.0 0.1 .. 0.1 
      Singapore 0.1 0.0 0.2 0.0 .. 0.0 
    Other Asia 0.6 0.7 0.7 0.8 .. 0.9 
      New Zealand 0.2 0.5 0.5 0.5 .. 0.6 
              
  Other 11.9 13.9 14.3 14.6 .. 17.0 
      Free zonesb 11.8 13.6 14.0 14.2 .. 16.5 
      Bunkersc 0.0 0.3 0.3 0.4 .. 0.5 
Memorandum items:             
    EC (15) 8.8 8.1 7.0 7.4 .. 6.9 
.. Not available. 
a The Commonwealth of Independent States (CIS) comprises Arme nia, Azerbaijan, Belarus, Geor gia, Kazakhstan, Kyrgyzstan, 
Moldova, the Russian Federation, Tajikistan , Turkmenistan, Ukraine and Uzbekistan. 
b Merchandise from free zones established in Pana ma which was imported into the rest of Panama. 
c Fuel and food storage facilities on ships and aircraft.  
Note: Data do not include imports from the rest of the world the main destination of which were the Colon Free Zone or other fr ee 
zones established in Panama. 
Source : United Nations Statistics  Division (UNSD) Commodity Trade Statis tics (Comtrade) database (Standard 
International Trade Classification, SITC, Rev. 3). WT/TPR/S/186/Rev.1 Trade Policy Review 
Page 118 
 
 
Table AII.1 
Summary of most recent notifications to the WTO, April 2007 
Agreement/ 
Decision Symbol of most recent notification Description of requirement 
and frequency 
Agreement on Agriculture  
Article 5.7 G/AG/N/PAN/12, 16/09/ 2005 Special safeguard decision 
Articles 10 and 18.2 G/AG/N/PAN/9, 19/04/2 005 Export subsidies;  on an annual basis 
Article 18.2 G/AG/N/PAN/11, 19/07/ 2005, and G/AG/N/PAN/3/Corr.1, 
19/09/2005 Domestic support;  on an annual basis 
Article 18.2 G/AG/N/PAN/10, 18/07/2005, and G/AG/N/PAN/8, 
12/03/2004 Tariff quotas 
Agreement on Implementation of Article VI of the GATT 1994 (Anti-Dumping Agreement)  
Article 16.4 G/ADP/N/112/Add.1/Re v.3, 25/10/2005 Anti-dumping measures in force;  on a semi-
annual basis 
Article 16.4 G/ADP/N/112/PAN, 05/08/2004 Anti-du mping actions (preliminary and final); 
ad hoc (without delay) 
Article 16.5  G/ADP/N/14/Add.22- G/SCM/N/18/Add.22, 10/10/2006 Investigating authority;  once only 
Article 18.5  G/ADP/N/1/PAN/2-G/SCM/N/1/PAN/2-G/SG/N/1/PAN/2, 
04/06/2006 – 04/08/2006 Laws and regulations;  ad hoc 
Agreement on Implementation of Article VII of the GATT 1994 (Agreement on Customs Valuation)  
Article 22 G/VAL/N/1/PAN/1, 09/10/1998 Laws and regulations;  once only 
Decisions A.3 and 
A.4  G/VAL/N/3/PAN/1, 05/10/1998 Interpretation of the Agreement 
Checklist of issues G/VAL/N/2/PAN/1, 08/10/1998 Ch ecklist of issues / questionnaires (replies); 
once only 
Agreement on Import Licensing Procedures  
Articles 1.4(a) and 
8.2(b) G/LIC/N/1/PAN/2, 16/11/1998 Laws  and regulations;  once only 
Article 5 G/LIC/N/2/PAN/1, 18/08/1998 New import licensing procedures or changes 
to existing procedures;  ad hoc 
Article 7.3 G/LIC/N/3/PAN/2, 04/03/2004 Replie s to questionnaire;   on an annual basis 
Agreement on Preshipment Inspection  
Article 5 G/PSI/N/1/Add.8, 28/09/1999 Laws and regulations;  once only 
Agreement on Rules of Origin 
Article 5 and 
Annex II, 
paragraph 4 G/RO/N/22, 16/09/1998 Laws and regul ations (rules of origin in 
effect);  once only 
Agreement on Safeguards  
Article 12.1(a) G/SG/N/6/PAN /1, 21/10/2006 Initiation of an investigation;  ad hoc 
Article 12.4 G/SG/N/11/PAN/1, 20/ 02/2007, G/SG/N/11/PAN/1/Suppl.1, 
24/04/2007 Application of a provisional  safeguard 
measure;  ad hoc (prior to application) 
Article 12.6 G/SG/N/1/PAN/1, 09/04/199 8 Laws and regulations;  once only 
Article 12.7 G/SG/N/3/PAN, 21/04/1998 Elimin ation of certain measures under Article 
11.1 
Agreement on Subsidies a nd Countervailing Measures  
Article 25.1;  
Article XVI:1 of the 
GATT 1994 G/SCM/N/123/PAN, 18/10/2005 Subsidy progr ammes;  on a triennial basis for 
full notifications, on an annual basis for 
changes 
Article 25.12 G/ADP/N/14/Add.21-G/SC M/N/18/Add.21, 25/ 10/2005 Investigating auth orities and procedures;  
once only 
Article 27.4 G/SCM/N/74/PAN/1 and 2, 04/ 01/2002 Request pursuant to Article 27.4 
Article 27.4 G/SCM/N/146/PAN, 04/07/2006 Ex tension of the transition period under 
Article 27.4  
Article 32.6 G/ADP/N/1/PAN/1-G/SCM/N/1/PAN/1/Suppl.7, 
17/04/11998 Laws and regulations;  once only 
Agreement on Technical Barriers to Trade  
Article 2.9 G/TBT/N/PAN/1-36, 29/01/2002-17/ 04/2007 Technical regulations;  ad hoc 
Article 10.1, 10.2 
and 10.3 G/TBT/ENQ/29, 12/03/2007 Enquiry point;  once only 
Article 15.2 G/TBT/2/Add.53, 07/05/ 1999, and G/TBT/2/Add.53/Corr.1, 
14/10/1999 Implementation and administration measures; 
once only 
Table AII.1 (cont'd)Panama WT/TPR/S/186/Rev.1 
 Page 119  
 
 
Agreement/ 
Decision Symbol of most recent notification Description of requirement 
and frequency 
Annex 3C G/TBT/CS/N/98, 22/04/1998 Accepta nce of the Code of Good Practice;  
once only 
Agreement on Text iles and Clothing 
Article 2.6 and 
2.7(b) G/TMB/N/339, 16/11/1998 Integration programmes (first stage);  once 
only 
Article 2.8(a) and 2.11 G/TMB/N/340, 16/11/1998 Integration programmes (second stage);  once 
only 
Article 2.8(b) and 2.11 G/TMB/N/379, 25/01/2001 Integration programmes (third stage);  once 
only 
Agreement on the Application of Sanitary and Phytosanitary Measures  
Annex B, 
paragraph 7 G/SPS/N/PAN/1-49, 24//09/1998-19/03/2007 Sanita ry and phytosanitary measures;  ad hoc 
Annex B,  
paragraph 3 G/SPS/ENQ/21, 21/02/2007 Enquiry point;  once only 
Annex B, 
paragraph 10 G/SPS/NNA/11, 21/02/2007 National no tification authority;  once only 
Agreement on Trade-Related Aspect s of Intellectual Property Rights  
Article 9.1 IP/N/5/PAN/1 and 2, 21/04/1998  
Article 63.2 IP/N/1/PAN/G/6, 25/10/200 2;  IP/N/1/PAN/C/1, 03/06/1998;  
IP/N/1/PAN/E/1, 03/06/1998;  IP/N/1/PAN/C/2, 04/06/1998;  
IP/N/1/PAN/I/1, 11/06/1998;  IP/N/1/PAN/I/2, 04/06/1998;  
IP/N/1/PAN/1, 01/07/1998;  IP /N/1/PAN/E/2, 03/06/1998;  
IP/N/1/PAN/1/Add.1, 29/03/2004,  IP/N/1/PAN/C/4  05/04/2004;  IP/N/1/PAN/C/3, IP/N/1/PAN/I/3, 05/04/2004;  
N/1/PAN/I/1/Add.1, 07/04/2004   Laws and regulations;  once only 
Article 63.2 IP/N/6/PAN/1, 23/06/1998  Checklist of Issues on Enforcement; once 
only 
Article 69 IP/N/3/Rev.9, 08/11/2005 Contact point;  once only 
Agreement on Trade-Rela ted Investment Measures  
Article 6.2 G/TRIMS/N/2/Rev.15, 27/09/2006 Pub lications in which TRIMS may be found;  
ad hoc 
Decision on Notification Procedures for Quantitative Restrictions 
BISD 31S/12  G/MA/NTM/QR/1/ADD.9, 18/03/2003 Notifications of quantitative restrictions;  on 
a biennial basis 
General Agreement on Trade in Services 
Article III:4 and/or Article IV:2  S/ENQ/78/Rev.9, 01/02/2006 Enquiry point; once only 
Article V:7(a) S/C/N/10/PAN, 15/08/2004 Ec onomic integration agreements;  once only 
General Agreement on Tariffs and Trade 1994 
Article XVII:4(a) G/STR/N/8/PAN-G/STR/N/9/PAN-G/STR/N/10/PAN-
G/STR/N/11/PAN/Rev.1, 22/09/2006 State trading enterprises;  on a triennial basis 
for full notifications, on an annual basis for 
changes (as from 2004, on a biennial basis) 
Article XXVIII:5 G/MA/105, 06/03/2000 Reserv ation of the right to modify the 
Schedule during a three-year period;  on a 
triennial basis 
Article XXIV:7(a) WT/REG93/R/B/2, G/L/696, 6 October 2004:  General 
Treaty on Central American Economic Integration;  
WT/REG196/N/1, 18 March 2005: Free Trade Agreement 
between Panama and El Salvador;  WT/REG227/N/1, S/C/N/392, 13 April 2007: Panama-Singapore Free Trade Agreement)   Customs unions and free-trade areas;  ad hoc 
Source: WTO Secretariat. WT/TPR/S/186/Rev.1 Trade Policy Review 
Page 120 
 
 
Table AIV.1 
Trade and applied MFN tariff by ISIC classification 
(US$ million and per cent) 
ISIC 
code a Description Average 
exports 
2000-2005 
(%) Average 
imports 
2000-2005 
(%) Exports  
2005 
(US$ million) Imports 
 2005  
(US$ million) MFN tariff 
2007 
 (%)b 
11 Agriculture and hunting 25.8 2.8 291 117 10.6 
12 Forestry and logging 0.2 0.1 2 3 6.1 
13 Fishing 9.7 0.0 123 2 14.0 
21 Coal mining 0.0 0.0 0 1 7.5 
22 Crude petroleum and natural gas 
production 0.0 7.1 0 21 0.0 
23 Metal ore mining 0.0 0.0 0 0 9.8 
29 Other mining 0.0 0.2 0 7 7.6 
31 Manufacture of food, beverages 
and tobacco 44.8 10.3 412 413 17.2 
32 Textile, wearing apparel and 
leather industries 2.6 5.3 19 197 8.5 
33 Manufacture of wood and wood 
products, including furniture 1.0 1.3 8 54 9.2 
34 Manufacture of paper and paper 
products, printing and publishing 1.8 3.9 18 144 7.3 
35 Manufacture of chemicals and 
chemical, petroleum, coal, rubber 
and plastic products 7.4 26.4 34 1,382 3.7 
36 Manufacture of non-metallic 
mineral products 0.4 2.3 3 109 9.7 
37 Basic metal industries 2.8 3.7 43 175 6.2 
38 Manufacture of fabricated metal 
products, machinery and 
equipment 2.0 34.1 5 1,417 8.3 
39 Other manufacturing industries 1.3 2.5 5 111 10.3 
a International Standard Industrial Classificati on (ISIC) Rev.2, excluding electricity (one line). 
b Average applied tariff. 
Source : Prepared by the WTO Secretariat on the basis of the United Nations Statistics Division (UNSD) Commodity Trade 
Statistics (Comtrade) database and data provided by the Panamanian authorities. Panama WT/TPR/S/186/Rev.1 
 Page 121  
 
 
Table AIV.2 
Summary of specific comm itments under the GATS, 2007 
   Market access National treatment 
 Modes of supply:          
  Cross-border supply 1    1    
  Consumption abroad  2    2   
  Commercial presence   3    3  
  Presence of natural persons    4    4 
Commitments (■ full;  ◨ partial;  □ no commitment;  - does not appear in the Schedule) 
         
1. Business services         
 A. Professional services         
  (a) Legal services ■ ■ ■ □ ■ ■ ■ □ 
  (b) Accounting services □ □ ◨ □ □ □ ■ □ 
  (c) Exclusively taxation services  ■ ■ □ □ □ □ □ □ 
  (d) Architectural services □ □ ◨ ◨ - - - - 
  (e) Engineering services □ □ ◨ ◨ □ □ □ □ 
 B. Computer and related services         
 (a) Consultancy services related to the installation 
of computer hardware ■ ■ ■ □ ■ ■ ■ □ 
 (b) Software implementation services  ■ ■ ■ □ ■ ■ ■ □ 
 (c) Data-processing services ■ ■ ■ □ ■ ■ ■ □ 
 (d) Database services ■ ■ ■ □ ■ ■ ■ □ 
 (e) Other ■ ■ ■ □ ■ ■ ■ □ 
 E. Rental/leasing services without operator         
  (c) Leasing or rental services concerning other 
means of transport without operator (exclusively 
rental of private cars without driver)   ■ ■ □ □ ■ ■ □ □ 
 F. Other business services         
 (a) Advertising services ■ ■ ◨ □ □ □ ■ □ 
 (c) Management consulting services  ■ ■ ■ □ ■ ■ ■ □ 
 (d) Services related to management consulting ■ ■ ■ □ ■ ■ ■ □ 
 (f) Services incide ntal to agriculture ■ ■ ■ □ ■ ■ ■ □ 
 (g) Services incidental to fishing ■ ■ □ □ ■ ■ □ □ 
 (i) Services incidental to manufacturing ■ ■ ■ □ ■ ■ ■ □ 
 (m) Related scientific and technical consulting 
services (CPC 86751, 86752 and 86753) □ ■ ◨ ■ □ ■ ◨ ■ 
 (r) Publishing and printing: exclusively publishing, 
excludes printing (CPC 88442) □ ■ ■ □ □ ■ ■ □ 
 (s) Convention services ■ ■ ■ □ ■ ■ ■ □ 
2. Communication services          
 C. Telecommunication services □ □ □ □ □ □ □ □ 
  Value-added telecommunication services ■ ■ ■ □ ■ ■ ■ □ 
3. Construction and related engineering services    □    □ 
 A. Construction work for buildings □ ■ ◨ □ □ ■ □ □ 
 B. Construction work for civil engineering □ ■ ◨ □ □ ■ □ □ 
 C. Assembly and erection of  prefabricated constructions □ ■ ◨ □ □ ■ □ □ 
 D. Building completion and finishing work □ ■ ◨ □ ■ ■ ■ □ 
4. Distribution services         
 A. Commission agents' services ■ ■ ■ □ ■ ■ ■ □ 
 B. Wholesale trade services ■ ■ ■ □ ■ ■ ■ □ 
 D. Franchising ■ ■ ■ □ ■ ■ ■ □ 
5. Education services         
 A. Primary education services ■ ■ ◨ □ ■ ■ □ □ 
 B. Secondary education services ■ ■ ◨ □ ■ ■ □ □ 
 C. Higher education services ■ ■ ◨ □ ■ ■ ■ □ 
Table AIV.2 (cont'd) 
 WT/TPR/S/186/Rev.1 Trade Policy Review 
Page 122 
 
 
   Market access National treatment 
 Modes of supply:          
  Cross-border supply 1    1    
  Consumption abroad  2    2   
  Commercial presence   3    3  
  Presence of natural persons    4    4 
6. Environmental services         
   (d) Exclusively cleaning se rvices of exhaust gases;  
noise abatement services ■ ■ ■ □ ■ ■ ■ □ 
  (e) Nature and landscape protection services ■ ■ ■ □ ■ ■ ■ □ 
7. Financial services    □     
 A. Insurance and insuran ce-related services    □     
  (a) Life and health insurance services □ □ ■ □ □ □ ■ □ 
  (b) Non-life insurance services □ □ ■ □ □ □ ■ □ 
 (c) Transportation insurance ◨ □ ■ □ ◨ □ ■ □ 
 (d) Reinsurance and retrocession  ◨ ■ ■ □ ■ ■ ■ □ 
 B. Banking and other financial services         
 (a) Acceptance of deposits and other repayable funds 
from the public  ■ ■ ■ □ ■ ■ ■ □ 
 (b) Lending of all types by  financial institutions, and 
financing of commercial transactions  ■ ■ ■ □ ■ ■ ■ □ 
 (c) Financial leasing services  ■ ■ ■ □ ■ ■ ■ □ 
 (d) All payment and money transmission services ■ ■ ■ □ ■ ■ ■ □ 
 (e) Guarantees and commitments  ■ ■ ■ □ ■ ■ ■ □ 
 (f) Trading for own account or for account of 
customers, whether on an exchange, in an over-
the-counter market or otherwise  ■ ■ ■ □ ■ ■ ■ □ 
 (g) Participation in issues of all kinds of securities and 
provision of services related to such issues ■ ■ ■ □ ■ ■ ◨ □ 
 (h) Money broking  ■ ■ ■ □ ■ ■ ■ □ 
 (i) Asset management ■ ■ ■ □ ■ ■ ■ □ 
 (j) Settlement and clearing services for financial 
assets - - - - - - - - 
 (k) Advisory and other a uxiliary financial services ■ ■ ■ □ ■ ■ ■ □ 
 (l) Provision and transfer of financial information ■ ■ ■ □ ■ ■ ■ □ 
8. Health and social services         
 A. Hospital services □ ■ ■ □ □ ■ ■ □ 
9. Tourism and travel-related services         
 A. Exclusively hotels (does not include restaurants)  □ ■ ■ □ □ ■ ■ □ 
 B. Exclusively tour operator services  ■ ■ ■ □ ■ ■ ■ □ 
10. Recreational, cultural and sporting services         
 A. Entertainment services  □ ■ □ □ □ □ □ □ 
11. Transport services         
 C. Air transport services         
  (a) Maintenance and repair of aircraft ■ ■ ■ □ ■ ■ ■ □ 
12. Other services - - - - - - - - 
Note: The Table includes only specific commitments, not horizontal commitments. 
Source : WTO Secretariat. 
 
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