With its duty-free zone, Panama is a strategic location for the Latin Auto Parts Expo. Panama has a stable democratic government that is business friendly and counts with a strong currency.
Panama is an international air and ocean hub enabling travellers and cargo to reach Latin America, the Caribbean and most of the globe. Its global motor vehicle aftermarket is estimated at $395 billion.
The Latin American and Caribbean markets offer greater business opportunities for the products in areas like air-conditioning, automotive lighting, LED lighting, electrical systems and batteries, etc.