December 19, 2007

In 2006, the United States exported $2.7 billion in goods to Panama, an increase of nearly 25 percent from 2005. Twenty-one percent of those exports came from Florida ($578 million), which increased 36 percent from 2005. Small and medium-sized enterprises (SMEs) generated nearly two-thirds (61 percent) of Florida's total exports of merchandise in 2005. This was the highest figure among the 50 states, and well above the U.S average of 29 percent.

Source: Prepared by the International Trade Administration