Foreign trade, imports and exports of
FORMETAL SA

NIT: 456-599-99936
PANAMA | Imports and exports
734 Records
Foreign trade in the last
5 years · FORMETAL SA
IMPORTS
$71.5M
597 registros
EXPORTS
$4.3M
137 registros
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Commercial profile

FORMETAL SA (tax ID 456-599-99936, PANAMA) is active in foreign trade. Between 2020 and 2024 it recorded 734 operations, importing a CIF value of 71.5 million dollars (peak in 2022) and exporting a FOB value of 4.3 million dollars. Its imports concentrate on base metals and manufactures, machinery and electrical equipment and chemical products, sourced from China, South Korea and United States; its exports on base metals and manufactures, miscellaneous manufactures and machinery and electrical equipment, shipped to Puerto Rico, Guyana and Aruba. Goods move mainly through Zona Norte (COLON) via marítimo.

Why does this profile matter?
As a buyer, FORMETAL SA records 597 import operations worth 71.5 million dollars, concentrated in base metals and manufactures, machinery and electrical equipment and chemical products. Its key origins (China, South Korea and United States) and purchasing recurrence make it a medium-volume account, attractive to suppliers seeking stable contracts in PANAMA.
As an exporter, FORMETAL SA ships base metals and manufactures, miscellaneous manufactures and machinery and electrical equipment for a FOB value of 4.3 million dollars, with presence in markets such as Puerto Rico, Guyana and Aruba. Its export profile positions it as a counterpart for international buyers in those destinations.
In logistics, FORMETAL SA operates mainly via marítimo (77% of its shipments) entering mainly through Zona Norte (COLON). Its usual loading ports include PUERTO CRISTOBAL, ALMACENADORA KINTE S.A. and TOCUMEN CARGA. Freight accounts for around 12% of the CIF value.
Financially, FORMETAL SA accumulates a trade value of 75.8 million dollars. With 734 operations and about 109268 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$ %
DE ESPESOR SUPERIOR O IGUAL A 0.16 MM PERO INFERIOR O IGUAL A 2 MM 26 9,052,421 61 %
PINTADOS, BARNIZADOS O REVESTIDOS DE PLÁSTICO: LOS DEMÁS 18 4,171,877 28 %
LOS DEMÁS CINCADOS DE OTRO MODO 1 688,562 5 %
Materiales industriales certificados de importacion 31 432,109 3%
Componentes tecnologicos y sistemas integrados 28 321,098 2%
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1 2 3 4

Main countries

Countries Reg. US$ %
CHINA 57 13,682,085 93 %
COREA DEL SUR 8 652,550 4 %
ESTADOS UNIDOS 50 245,085 2 %
Argentina 29 432,109 3%
Ecuador 21 321,098 2%
For more information
1 2 3 4

Shipment Detail

734 Import records

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Date Hts Code Exporter Importer KG. Net Quantity Unit. US$ Unit. DUA Country of origin Commercial Description
1 🔍 2/16/2024 72104910 FORMETAL SA 296,920 48 COIL (ESPIRAL, SERPENTIN) 4,400.45 HMM CHINA MATERIAL DE ACERO GALVANIZADO
2 🔍 2/16/2024 72104910 FORMETAL SA 646,040 117 COIL (ESPIRAL, SERPENTIN) 4,109.17 HAPAG-LLOYD CHINA MATERIAL DE ACERO GALVANIZADO
3 🔍 4/11/2024 72104910 FORMETAL SA 127,052 24 COIL (ESPIRAL, SERPENTIN) 4,081.48 ORIENT OVERSEAS CONTAINER LINE CHINA MATERIAL DE ACERO GALVANIZADO
4 🔍 4/1/2024 72104910 FORMETAL SA 678,230 125 COIL (ESPIRAL, SERPENTIN) 4,151.41 ORIENT OVERSEAS CONTAINER LINE CHINA MATERIAL DE ACERO GALVANIZADO
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 FORMETAL SA

Key questions about FORMETAL SA's trade profile based on verified customs data

FORMETAL SA mainly imports base metals and manufactures, machinery and electrical equipment and chemical products (origins: China, South Korea and United States) and exports base metals and manufactures, miscellaneous manufactures and machinery and electrical equipment (destinations: Puerto Rico, Guyana and Aruba), with 734 operations in total.
FORMETAL SA imports from China, South Korea and United States and exports to Puerto Rico, Guyana and Aruba.
The tax ID of FORMETAL SA is 456-599-99936, registered in PANAMA. It imports base metals and manufactures, machinery and electrical equipment and chemical products from China, South Korea and United States and exports to Puerto Rico, Guyana and Aruba; it operates with agents such as various agents.
FORMETAL SA has 734 operations: 597 import (CIF 71.5 million dollars) and 137 export (FOB 4.3 million dollars).
Main customs: Zona Norte (COLON). Origins: China, South Korea and United States. Destinations: Puerto Rico, Guyana and Aruba. Agents: various agents.
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