Panama acquires fiber optic cables

Panama does sell and export fiber optic cables, though its export volumes are relatively modest compared to imports.Export OverviewIn 2024, Panama exported optical fiber cables totaling $84,050 and 12,205 kg in quantity, indicating active but limited export activity (WITS World Bank data) . While Panama does export fiber optic cables, the market is primarily import-driven, with domestic consumption and infrastructure development fueling demand.Market TrendsThe Panama fiber optic cable market has experienced fluctuating growth. Between 2025 and 2029, the market is projected to grow at varying rates, starting at 8.99% in 2025, peaking at 11.18% in 2027, and moderating to 6.55% by 2029. This growth is driven by increasing adoption of emerging technologies and infrastructure expansion in the Latin American region (6Wresearch) . Despite a decline in export value in recent years, domestic consumption remains strong, reflecting ongoing investment in telecommunications and broadband networks (IndexBox) .Key Importers and Trade PartnersPanama imports fiber optic cables from multiple global suppliers, with 249 verified importers operating in the country. The leading importers include ANIXTER PANAMA SA (37% of imports), LOGISTICA BG (24%), and TELECOMUNICACIONES DIGITALES (9%), collectively accounting for 70% of total imports (Volza) . These companies are central to Panama's fiber optic infrastructure projects and may also facilitate re-export or local distribution.SummaryWhile Panama does export fiber optic cables, the export scale is relatively small, and the country is primarily a net importer to meet domestic demand. The market is growing steadily, driven by technological adoption and infrastructure development, and major importers dominate the trade landscape. Businesses interested in Panama's fiber optic cable market can leverage trade databases to identify buyers, suppliers, and shipment trends for strategic opportunities .