Trademark registration in Panama

Costs, market data and law firms for Panama

Panama

Panama: registering a trademark costs an estimated US$490 for one class, plus US$440 for each further class. Panama is not a member of the Madrid System, so a trademark must be filed directly with its office. Panama is a leading import market for wines and spirits (class 33) and jewellery and watches (class 14).

Population4.6m
Economy (GDP)US$90bn
Trademark classes filed by foreign applicants (2024)5,897

Figures by trademark class count branded goods only: raw commodities that are traded mostly without brands - such as gold bars, fuel, bulk chemicals, grain and fabric by the metre - are left out. Hong Kong, Singapore and the United Arab Emirates are left out of the rankings, as much of their trade is re-exported.

Where Panama is a leading market

  • #3 in Latin America and the Caribbean and #35 in the world for class 33 (Wines and spirits) - US$415m of imports
  • #4 in Latin America and the Caribbean and #45 in the world for class 14 (Jewellery and watches) - US$364m of imports
  • #4 in Latin America and the Caribbean and #47 in the world for class 25 (Clothing, footwear and headwear) - US$1.8bn of imports
  • #4 in Latin America and the Caribbean for class 34 (Tobacco and smokers' articles) - US$65m of imports
  • #5 in Latin America and the Caribbean and #47 in the world for class 24 (Textiles) - US$94m of imports
  • #6 in Latin America and the Caribbean for class 5 (Pharmaceuticals) - US$1.2bn of imports

Fastest-growing markets

  • Class 14 (Jewellery and watches): imports up 19% a year
  • Class 11 (Lighting, heating and cooking appliances): imports up 12% a year
  • Class 5 (Pharmaceuticals): imports up 11% a year
Panama: the biggest import markets by trademark class (2024, US$m)
Panama's share of Latin America and the Caribbean's imports, by trademark class (%)
Panama: import growth by trademark class (2022-2024, % a year)

Questions about trademarks in Panama

How much does it cost to register a trademark in Panama?

Our estimate is about US$490 for one class, from filing to registration: about US$140 in official fees and about US$350 in professional (law firm) fees. Each further class adds about US$440. Responses to office actions and oppositions are not included. These are estimates only: the actual cost depends on the law firm and the application. Request a quote from a law firm on this site for an exact price.

Can I use the Madrid System for Panama?

Panama is not a member of the Madrid System, so a trademark must be filed directly with its office.

For which goods is Panama an important market?

Panama's 10 largest import markets by trademark class are electronics and software (class 9, US$2.2bn), clothing, footwear and headwear (class 25, US$1.8bn), machines (class 7, US$1.5bn), vehicles (class 12, US$1.4bn), pharmaceuticals (class 5, US$1.2bn), cosmetics and cleaning (class 3, US$612m), coffee, tea, bakery and confectionery (class 30, US$526m), lighting, heating and cooking appliances (class 11, US$516m), wines and spirits (class 33, US$415m) and meat, dairy and preserved foods (class 29, US$410m). Within its region, it stands out for wines and spirits (#3 in Latin America and the Caribbean), jewellery and watches (#4 in Latin America and the Caribbean), clothing, footwear and headwear (#4 in Latin America and the Caribbean), tobacco and smokers' articles (#4 in Latin America and the Caribbean), textiles (#5 in Latin America and the Caribbean) and pharmaceuticals (#6 in Latin America and the Caribbean). Imports are growing fastest for jewellery and watches (19% a year), lighting, heating and cooking appliances (12% a year) and pharmaceuticals (11% a year). Foreign applicants filed 5,897 trademark classes in Panama in 2024 - #11 in Latin America and the Caribbean - a sign of how many brand owners already protect their marks there.

What does Panama export, and why does that matter for my trademark?

Panama's exports of goods came to US$3.7bn in 2024. Its 7 largest exports were ships (US$406m, 11% of its exports, #22 in the world), bananas (US$264m, 7% of its exports, #13 in the world), refined petroleum products (US$206m, 6% of its exports, #86 in the world), packaged medicines (US$149m, 4% of its exports, #63 in the world), warships and other vessels (US$149m, 4% of its exports, #10 in the world), gold (US$122m, 3% of its exports, #77 in the world) and fish (US$112m, 3% of its exports, #47 in the world). By trademark class, its 5 largest exports were electronics and software (class 9, US$208m, #81 in the world), pharmaceuticals (class 5, US$176m, #66 in the world), clothing, footwear and headwear (class 25, US$82m, #92 in the world), machines (class 7, US$77m, #91 in the world) and wines and spirits (class 33, US$61m, #58 in the world). Where goods are made and exported, copies are often made too: a registered trademark there lets you act against counterfeits at the source, including with the help of customs.

Law firms for Panama

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Trade: imports and exports of each trademark class's branded goods. Rankings compare countries' trade in those goods, without the re-export hubs. Costs are estimates.