Import tax calculator
Estimate the duty and ITBMS on your import to Panama in seconds. The result is a reference: the exact duty depends on the tariff classification and is confirmed by your customs broker.
CIF = cost of goods + insurance + freight to Panama.
Free — they confirm the exact figure on WhatsApp.
Frequently asked questions
What is the CIF value?
It is the sum of the cost of the goods, insurance, and freight to Panama. It is the base on which customs calculates import taxes.
What taxes do you pay when importing to Panama?
Generally the import duty (depends on the tariff code; vehicles ~15–30%) plus 7% ITBMS calculated on the CIF value plus the duty.
Do electric cars pay import duty?
No. Pure electric vehicles (tariff heading 87.03) pay 0% duty until 12/31/2030 under Law 295, but they do pay 7% ITBMS.