Nov. 1 marked the one-year anniversary of the U.S.-Panama Trade Agreement entering into force. The Office of U.S. Trade Representative (USTR) issued a news release discussing the growth in U.S. manufacturing and agricultural exports to Panama since the agreement was implemented. Red meat exports to Panama contributed positively to these results, making the following year-over-year (January through August) gains in 2013:
- U.S. beef and beef variety meat exports are up 63 percent in volume (to 850 mt) and 51 percent in value (to $6.3 million)
- U.S. pork and pork variety meat exports are up 75 percent in volume (to 5,785 mt) and 59 percent in value (to $13.2 million)
In the attached audio report, Gerardo Rodriguez, U.S. Meat Export Federation (USMEF) director of trade development for Central America and the Dominican Republic discusses the promotional efforts that are helping drive pork and beef export growth to Panama, including educational campaigns USMEF conducted with Panamanian importers well before the trade agreement took effect.