Foreign trade, imports and exports of
LG ELECTRONICS PANAMA S.A.

RUC: 0992696176001
ECUADOR | Imports and exports
29,335 Records
Foreign trade in the last
5 years · LG ELECTRONICS PANAMA S.A.
IMPORTS
$3.8M
29,305 registros
EXPORTS
$21.7K
30 registros
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Commercial profile

LG ELECTRONICS PANAMA S.A. (tax ID 0992696176001, ECUADOR) is active in foreign trade. Between 2020 and 2024 it recorded 29335 operations, importing a CIF value of 3.8 million dollars (peak in 2023) and exporting a FOB value of 21.7 thousand dollars. Its imports concentrate on machinery and electrical equipment, other products and plastics and rubber, sourced from South Korea, Panama and China; its exports on machinery and electrical equipment, other products and paper and pulp, shipped to Panama, Mexico and Undeclared Countries. Goods move mainly through GQUIL - AEREO via aéreo.

Why does this profile matter?
As a buyer, LG ELECTRONICS PANAMA S.A. records 29305 import operations worth 3.8 million dollars, concentrated in machinery and electrical equipment, other products and plastics and rubber. Its key origins (South Korea, Panama and China) and purchasing recurrence make it a medium-volume account, attractive to suppliers seeking stable contracts in ECUADOR.
As an exporter, LG ELECTRONICS PANAMA S.A. ships machinery and electrical equipment, other products and paper and pulp for a FOB value of 21.7 thousand dollars, with presence in markets such as Panama, Mexico and Undeclared Countries. Its export profile positions it as a counterpart for international buyers in those destinations.
In logistics, LG ELECTRONICS PANAMA S.A. operates mainly via aéreo (69% of its shipments) entering mainly through GQUIL - AEREO. Its usual loading ports include TOCUMEN-CIUDAD DE PANAMA, BALBOA and MANZANILLO. It works with customs agents such as BUENO HEREDIA MARIA TERESA and DHL EXPRESS ECUADOR S.A.. Freight accounts for around 39% of the CIF value.
Financially, LG ELECTRONICS PANAMA S.A. accumulates a trade value of 3.8 million dollars. It pays duties of 569.8 thousand dollars, an effective duty rate near 15%. With 29335 operations and about 533 tons moved, it represents a medium-value profile for commercial risk analysis and due diligence.

Trade movements

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CIF Import Value US$
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FOB Export Value US$
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Main products

Products Reg. US$ %
LAS DEMÁS PARTES IDENTIFICABLES COMO DESTINADAS, EXCL.O PRINCIPALMENTE, A LOS APARATOS DE ... 719 289,684 42 %
HERMETICOS O SEMIHERMETICOS, DE POTENCIA SUPERIOR A 0,37 KW (1/2 HP) 225 116,191 17 %
DEMÁS MONITORES Y PROYECTORES EN COLORES, QUE NO INCORPOREN APARATO RECEPTOR DE TV; INCL.C... 27 48,866 7 %
Materiales industriales certificados de importacion 31 432,109 3%
Componentes tecnologicos y sistemas integrados 28 321,098 2%
For more information
1 2 3 4

Main countries

Countries Reg. US$ %
COREA DEL SUR 5305 586,588 84 %
CHINA 444 47,100 7 %
PANAMÁ 197 23,133 3 %
Argentina 29 432,109 3%
Ecuador 21 321,098 2%
For more information
1 2 3 4

Shipment Detail

29,335 Import records

Access each import operation in full detail on Veritrade.

Date Hts Code Exporter Importer KG. Net Quantity Unit. US$ Unit. DUA Country of origin Commercial Description
1 🔍 9/9/2024 8529909000 LG ELECTRONICS PANAMA, S.A. LG ELECTRONICS PANAMA S.A. 0 1 U 1,409.76 OCEAN NETWORK EXPRESS COREA DEL SUR MODULO OLED REPUESTOS ELECTRONICOS Rep. Television LG ELECTRONICS EAJ65773210
2 🔍 9/16/2024 8529909000 LG ELECTRONICS PANAMA, S.A. LG ELECTRONICS PANAMA S.A. 0 1 U 285.05 COSCO COREA DEL SUR MODULO LCD-TFT REPUESTOS ELECTRONICOS Rep. Television LG ELECTRONICS EAJ65679002
3 🔍 4/5/2024 8529909000 LG ELECTRONICS PANAMA, S.A. LG ELECTRONICS PANAMA S.A. 0 3 U 226.97 HAPAG-LLOYD COREA DEL SUR PANEL LCD REPUESTOS ELECTRONICOS Rep. Television LG ELECTRONICS EAJ65754901
4 🔍 4/5/2024 8529909000 LG ELECTRONICS PANAMA, S.A. LG ELECTRONICS PANAMA S.A. 0 2 U 153.79 MAERSK COREA DEL SUR PANEL LCD REPUESTOS ELECTRONICOS Rep. Television LG ELECTRONICS EAJ64671001
5 03/11/2023 7318.15.00 ADVANCED MATERIALS INC IMPORTADORA SUR SAC 7,890 150 KGM 6.40 118-2023-11-654321 Corea del Sur INSUMOS INDUSTRIALES
6 28/09/2023 8414.59.90 PRECISION PARTS LTD COMERCIAL ANDINA SRL 4,230 75 UNI 9.15 118-2023-09-789012 Italia COMPONENTES MECANICOS
7 14/08/2023 3901.10.00 GLOBAL COMPONENTS SA DISTRIBUCIONES LIMA SA 11,560 420 KGM 2.85 118-2023-08-234567 Brasil MATERIAS PRIMAS
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Frequently asked questions about LG ELECTRONICS PANAMA S.A.

Key questions about LG ELECTRONICS PANAMA S.A.'s trade profile based on verified customs data

LG ELECTRONICS PANAMA S.A. mainly imports machinery and electrical equipment, other products and plastics and rubber (origins: South Korea, Panama and China) and exports machinery and electrical equipment, other products and paper and pulp (destinations: Panama, Mexico and Undeclared Countries), with 29335 operations in total.
LG ELECTRONICS PANAMA S.A. imports from South Korea, Panama and China and exports to Panama, Mexico and Undeclared Countries.
The tax ID of LG ELECTRONICS PANAMA S.A. is 0992696176001, registered in ECUADOR. It imports machinery and electrical equipment, other products and plastics and rubber from South Korea, Panama and China and exports to Panama, Mexico and Undeclared Countries; it operates with agents such as BUENO HEREDIA MARIA TERESA and DHL EXPRESS ECUADOR S.A..
LG ELECTRONICS PANAMA S.A. has 29335 operations: 29305 import (CIF 3.8 million dollars) and 30 export (FOB 21.7 thousand dollars).
Main customs: GQUIL - AEREO. Origins: South Korea, Panama and China. Destinations: Panama, Mexico and Undeclared Countries. Agents: BUENO HEREDIA MARIA TERESA and DHL EXPRESS ECUADOR S.A..
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