In 2016, $21 million worth of wine was imported, 4% more than in the previous year, and 50% of it came from Chile and Spain.
Changes in imports
Between 2015 and 2016 the import value of wine coming into Panama increased from $20 million in 2015 to $21 million in 2016.
Between 2015 and 2016 the value imported from Spain went up by 14%, going from $4 million to $5 million, and from Argentina it grew by 18%, increasing from $0.7 million to $1 million.
Origin of imports
In 2016, 26% of the value imported from Panama came from Chile, 24% from Spain, 13% from the USA. and 12% from France.
Spain is the home market for imports that has grown the most in the last 5 years. In 2012 it represented 5% of the total import value, and last year the figure reached 24%.