Things to Consider When Shipping to Panama from Canada
Shipping to Panama from Canada
Panama's economy is based primarily in a well-developed services sector that includes activities linked to the Panama Canal, the Colón Free Trade Zone and logistics support services. The Colón Free Zone (CFZ) is a vital trading and international shipping centre. Canadian companies that depend on shipping solutions to and from Panama can take advantage of free trade opportunities. Companies rely on low cost shipping to Panama from Canada and vice versa. This guides shares the best practices to consider.
The Canada–Panama Free Trade Agreement is a key element of trade between Canada and Panama and includes the aerospace and pharmaceuticals sectors. Canadian customs allows for duty free entry using simplified origin statements for low-value Panama-origin goods imported to Canada.
Providing logistics solutions for over 40 years!
Alternative shipping to Panama during Canada Post Strike.
Businesses and individuals are searching for a shipping option to Panama during the Canada Post strike.
Contact our team for shipping rates to Panama
Gain from a discussion with our seasoned professionals. Contact our team for an initial consultation.
Things to Consider when shipping to Panama include:
- Shipping cargo via sea freight and air: Which is better?
- Package carrier shipping options from Canada to Panama
- Import fees and taxes to Panama for goods shipped from Canada
- Shipping terms to consider when shipping to Panama
- Shipping Carriers shipping to Canada from Panama
- Canadian import for goods imported from Panama
- Common Canadian import fees
- Shipping Quote Request Form between Panama and Canada
Disclaimer: The information in Jet Worldwide online content, including this post, is for general information only.
Best International Shipping Options to Panama
There are a few options for shipping freight between Panama and Canada.
- Air freight: This is the fastest option with economy air options
- Ocean/ Surface: Best for large commercial orders and benefit from Panama's position as a global hub for ocean freight.
- Local post options are generally best for individuals shipping small packages and personal items to Canada
- FedEX , DHL, UPS air options are well known with information readily available via their websites.
When choosing a shipping method, you will need to consider factors such as the size and weight of your freight, the time frame in which you need it to arrive, and your budget. It may be helpful to compare quotes from different carriers to find the best option for your needs.
Shipping Cargo to Panama from Canada
Companies can choose between air cargo and sea freight. Cargo that ships via air usually deliver within around 1 week. Ocean cargo averages between 1 to 3 months door to door. Panama is global hub for ocean containers transiting through the country.
LCL cargo from Canada to Panama
Less than container load - LCL - is a service that shares space in a container with different consignment. It requires and additional transit time to account for loading and de-consolidation.
FCL ocean cargo to Panama
Full container loads - FCL - can ship either via a 20 or 40 foot container.
Ocean cargo versus sea freight: Which is cheaper?
Ocean cargo's many surcharges can add significant costs for smaller cargo shipments. Consignments up to around 100 kilograms often have a lower price via air versus ocean.
Shipping packages to Panama
Shipping international parcels via Canada Post
Canada Post has limited shipping option to Panama and are changing due to the airlift capacity restraints.
Shipping packages to Panama via FedEx and UPS Canada
FedEx and UPS are the largest carriers in North America, alongside DHL, and offer dependable air express services from Toronto, Vancouver, Calgary, Montreal, Ottawa and the rest of Canada to Panama.
Get a comparison quote for your shipping to Panama.
FedEx and UPS shipping options from Canada to Panama include:
- International express priority shipping to Panama from Canada
- International economy air shipping to Panama from Canada
Delivery to Panama via Purolator Courier
Purolator Courier, a subsidiary of Canada Post, offers international parcel delivery from Canada to Panama via partners, such as UPS.
Best Shipping between to Panama via Jet Worldwide
Jet Worldwide is a trusted brand that has been providing international shipping solutions for over 40 years. Jet Worldwide provides options for shipping between Canada and Panama for parcels, pallets and online orders.
Fill in form below for pricing options with our team.
Shipping terms to consider when shipping to Panama
The default option for shipping internationally from Canada is Ex Works (EXW). This assigns all import related costs to the receiver. Shippers from Canada can choose to pay the import fees on behalf of the consignee. Most carriers offer a Delivery Duty Paid (DDP) to Panama.
Useful information regarding shipping terms.
Import fees paid by the shipper are not recoverable. The business in Panama may otherwise be able to claim back taxes paid at import.
Customs clearance in Panama for shipping from Canada
Goods shipped to Panama must be accompanied by an invoice for customs or other supporting documents. Goods imported to Panama are subject to duty and value added tax. Duty rates tend to be low for most products and the value add tax is 7%.
The benefit of Panama's free zones are the lowered or eliminated capital investment taxes allowing good to transit in and out tax free.
READ MORE: IMPORT DUTY CALCULATION
Customs clearance in Panama for Canadian shipments
Many Canadian companies need low cost air shipping options for goods to Canada. The shipping options to Canada from Panama include North America's largest carriers: FedEx and UPS. Jet Worldwide assists companies with logistics solutions to Panama and all South America from Canada and the USA.
Best Carrier Options for Shipping TO Canada from Panama
The common carrier options for shipping Canada from Panama include the Panama Post (preferred option for individuals shipping small parcels and personal items), DHL, FedEx and UPS.
Get a quote to ship from Panama and import to Canada.
FedEx and UPS Shipping Services to Canada from Panama Include:
- International Priority Air Express to Canada
- International economy air shipping from Panama
Importing Goods to Canada Shipped from Panama
Goods imported to Canada valued over CA$20 are subject to duty and taxes. Consignments valued under CA$3,300 can be imported via Canada's low value system (LVS). Read more: Verify Canadian Import Fees.
Low cost shipping quote between Panama and Canada.
Jet Worldwide gives access to all companies seeking shipping quotes between Panama and Canada for parcels pallets, and online orders.