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

NIT: 6490-23-74806
PANAMA | Imports and exports
12,110 Records
Foreign trade in the last
5 years · LG ELECTRONICS PANAMA S A
IMPORTS
$14.6M
12,105 registros
EXPORTS
$81.2K
5 registros
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Commercial profile

LG ELECTRONICS PANAMA S A (tax ID 6490-23-74806, PANAMA) is active in foreign trade. Between 2020 and 2024 it recorded 12110 operations, importing a CIF value of 14.6 million dollars (peak in 2023) and exporting a FOB value of 81.2 thousand dollars. Its imports concentrate on machinery and electrical equipment, base metals and manufactures and precision instruments, sourced from Zona Franca Colón, China and Mexico; its exports on machinery and electrical equipment, precision instruments and leather and hides, shipped to United States, Guatemala and Costa Rica. Goods move mainly through Zona Norte (COLON) via no declarado.

Why does this profile matter?
As a buyer, LG ELECTRONICS PANAMA S A records 12105 import operations worth 14.6 million dollars, concentrated in machinery and electrical equipment, base metals and manufactures and precision instruments. Its key origins (Zona Franca Colón, China and Mexico) and purchasing recurrence make it a medium-volume account, attractive to suppliers seeking stable contracts in PANAMA.
As an exporter, LG ELECTRONICS PANAMA S A ships machinery and electrical equipment, precision instruments and leather and hides for a FOB value of 81.2 thousand dollars, with presence in markets such as United States, Guatemala and Costa Rica. Its export profile positions it as a counterpart for international buyers in those destinations.
In logistics, LG ELECTRONICS PANAMA S A operates mainly via no declarado (59% of its shipments) entering mainly through Zona Norte (COLON). Its usual loading ports include CRYSTAL PLAZA, INC, COCOSOLITO and TOCUMEN CARGA. Freight accounts for around 18% of the CIF value.
Financially, LG ELECTRONICS PANAMA S A accumulates a trade value of 14.7 million dollars. With 12110 operations and about 1527 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$ %
LOS DEMÁS, EN COLORES: LOS DEMÁS 152 470,528 14 %
DOMÉSTICOS CON FUNCIONAMIENTO ELÉCTRICO: LOS DEMÁS 218 425,729 12 %
MÁQUINAS DE CAPACIDAD UNITARIA, EXPRESADA EN PESO DE ROPA SECA, SUPERIOR A 10 KG 251 400,796 12 %
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 565 990,204 29 %
ZONA FRANCA COLÓN 1188 980,151 28 %
MÉXICO 305 675,412 20 %
Argentina 29 432,109 3%
Ecuador 21 321,098 2%
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1 2 3 4

Shipment Detail

12,110 Import records

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Date Hts Code Exporter Importer KG. Net Quantity Unit. US$ Unit. DUA Country of origin Commercial Description
1 🔍 6/11/2024 85287290 LG ELECTRONICS PANAMA S A 124 4 U 268.53 HMM MÉXICO LED LCD TV
2 🔍 6/3/2024 85287290 LG ELECTRONICS PANAMA S A 76 1 U 728.61 COSCO MÉXICO LED LCD TV
3 🔍 6/17/2024 85287290 LG ELECTRONICS PANAMA S A 127 2 U 579.12 COSCO MÉXICO TV
4 🔍 6/21/2024 85287290 LG ELECTRONICS PANAMA S A 63 1 U 1,332.77 OCEAN NETWORK EXPRESS MÉXICO TV
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, base metals and manufactures and precision instruments (origins: Zona Franca Colón, China and Mexico) and exports machinery and electrical equipment, precision instruments and leather and hides (destinations: United States, Guatemala and Costa Rica), with 12110 operations in total.
LG ELECTRONICS PANAMA S A imports from Zona Franca Colón, China and Mexico and exports to United States, Guatemala and Costa Rica.
The tax ID of LG ELECTRONICS PANAMA S A is 6490-23-74806, registered in PANAMA. It imports machinery and electrical equipment, base metals and manufactures and precision instruments from Zona Franca Colón, China and Mexico and exports to United States, Guatemala and Costa Rica; it operates with agents such as various agents.
LG ELECTRONICS PANAMA S A has 12110 operations: 12105 import (CIF 14.6 million dollars) and 5 export (FOB 81.2 thousand dollars).
Main customs: Zona Norte (COLON). Origins: Zona Franca Colón, China and Mexico. Destinations: United States, Guatemala and Costa Rica. Agents: various agents.
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