Open Travel Guide
Shopping in Panama

Panama Shopping Guide 2026

Panama's retail map: authentic souvenirs, the districts that suit them, and the tourist traps to skip.

The short answer: start with Mercado Nacional de Artesanías, Mercado de Mariscos (Seafood Market) and El Valle Sunday Market. This guide profiles 5+ markets and shopping districts in Panama, with prices, timing, and the practical notes that decide whether each one earns a place in your plan.

Panama is a vibrant Central American nation offering a unique blend of modern cosmopolitan life, rich colonial history, and pristine natural wonders. From the engineering marvel of the Panama Canal to the cobblestone streets of Casco Viejo and the untouched beaches of Bocas del Toro, Panama provides diverse experiences for every traveler.

Best souvenirs

Authentic items worth bringing home.

Souvenir

Mola

Intricately hand-stitched reverse appliqué fabric panels created by the Guna indigenous people of San Blas. Each mola tells a story through geometric and animal patterns.

Price: $15-80

Where: San Blas Islands, Mercado Nacional de Artesanías

Souvenir

Panama Hat (Sombrero Pintado)

Contrary to popular belief, Panama's national hat is the pintado woven from toquilla palm. Handwoven in Ocú and La Pintada and worn at festivals.

Price: $20-100

Where: Mercado Nacional de Artesanías, El Valle market

Souvenir

Ngöbe-Buglé Pottery

Hand-shaped clay pots and figures decorated with traditional motifs from the Ngöbe-Buglé indigenous community in Chiriquí. Each piece is fired using ancient techniques.

Price: $10-50

Where: Mercado Nacional de Artesanías, Chiriquí markets

Souvenir

Gold Huaca Replicas

Handcrafted gold and silver reproductions of pre-Columbian huacas (golden figurines) representing frogs, eagles, and warriors found in ancient burial sites.

Price: $25-200

Where: Reprosa store in Marbella, Albrook Mall

Souvenir

Embera Woven Baskets

Tightly woven baskets made from chunga palm by Embera communities in Chagres National Park. Geometric patterns in natural and dyed fibres.

Price: $30-150

Where: Embera village tours, Mercado Nacional de Artesanías

Souvenir

Café Kotowa or Geisha Coffee

Panama is home to some of the world's most prized coffee. Boquete's Geisha variety consistently wins global competitions and makes an exceptional gift.

Price: $15-60

Where: Kotowa Coffee Shop, Boquete farms, airport duty-free

Souvenir

Ron Abuelo Rum

Panama's most celebrated aged rum produced in the Azuero Peninsula from local sugar cane. The 12-year and Centuria varieties are particularly sought after.

Price: $12-45

Where: El Rey supermarket, El Machetazo, duty-free stores

Souvenir

Pollera Miniatures

Miniature figurines dressed in Panama's national dress, the pollera — an elaborate hand-embroidered dress worn at festivals in the Azuero Peninsula.

Price: $15-50

Where: Mercado Nacional de Artesanías, Las Tablas area

Traditional markets

Where locals shop and travellers find treasures.

Market

Mercado Nacional de Artesanías

Panama's premier artisan market housed in a purpose-built facility next to the canal. Dozens of stalls selling molas, hats, ceramics, jewelry, and indigenous crafts from all over Panama.

Where: Vía Cincuentenario near Miraflores Locks, Panama City

Hours: 8AM-6PM daily

Market

Mercado de Mariscos (Seafood Market)

Bustling waterfront fish market where vendors sell fresh catches from both Pacific and Caribbean coasts. The upstairs restaurant serves some of the best ceviche in Panama.

Where: Avenida Balboa, Casco Viejo waterfront, Panama City

Hours: 6AM-5PM daily

Market

El Valle Sunday Market

Weekly artisan market in the crater of an extinct volcano offering orchids, carved wood, stone carvings, molinillo sticks, and fresh produce from highland farms.

Where: El Valle de Antón, 120 km from Panama City

Hours: 7AM-2PM Sundays

Market

Reprosa Silver & Gold Workshop Market

Workshop and showroom of Panama's most prestigious jewelry manufacturer specializing in pre-Columbian replica gold pieces and sterling silver crafts certified as authentic reproductions.

Where: Avenida Samuel Lewis, Marbella, Panama City

Hours: 9AM-6PM Mon-Sat

Market

Mercado Colmena (Colmena Market)

Neighborhood market popular with locals selling fresh produce, herbs, household goods, and cheap Panamanian street food. An authentic market experience away from tourist crowds.

Where: Via España, El Cangrejo, Panama City

Hours: 7AM-8PM daily

Shopping districts

Neighbourhoods known for retail.

Shopping district

Casco Viejo

UNESCO heritage district with boutique galleries, handmade jewelry studios, and artisan shops inside restored colonial buildings. Best for unique Panamanian art and design.

Best for: Artisan souvenirs, gallery art, local fashion

Shopping district

Calle Uruguay

Panama City's main dining and nightlife street also lined with boutiques, shoe shops, and trendy stores. Part of the Marbella/Bella Vista upscale district.

Best for: Fashion, shoes, restaurants, bars

Shopping district

Multiplaza Pacific

Panama City's most upscale mall in Punta Pacifica featuring luxury international brands, fine dining, a 14-screen cinema, and a rooftop food court with Bay of Panama views.

Best for: Luxury brands, international fashion

Shopping district

Via Argentina

Charming pedestrian-friendly street in El Cangrejo with cafés, bookstores, ice cream shops, and mid-range boutiques. Popular with locals and expats for everyday shopping.

Best for: Cafes, local boutiques, books, everyday shopping

Shopping district

Colón Free Trade Zone

One of the world's largest free trade zones just 75 km from Panama City offering duty-free prices on electronics, perfumes, watches, and clothing for bulk buyers.

Best for: Electronics, perfume, watches at wholesale prices

Malls & modern shopping

Air-conditioned, international brands, and food courts.

Mall

Albrook Mall

The largest mall in Latin America located next to the Albrook Bus Terminal with over 700 stores, food court, amusement park, and easy metro access. Popular with locals and budget shoppers.

Hours: 10AM-9PM daily

Mall

Multiplaza Pacific

Panama City's premium luxury mall in Punta Pacifica with anchor stores Louis Vuitton, Zara, and H&M, plus a large food court and cinema overlooking the Bay of Panama.

Hours: 10AM-9PM daily (restaurants until 11PM)

Mall

Metromall Panama

Modern mall near Tocumen Airport connected to the Courtyard Marriott offering electronics, fashion chains, supermarket, and food court. Convenient for transit shoppers.

Hours: 10AM-9PM daily

Mall

Los Pueblos

Large local-oriented mall in south Panama City featuring mainstream fashion brands, home goods, electronics, and a popular food court. More affordable pricing than luxury malls.

Hours: 10AM-9PM daily

Bargaining tips

Negotiate like a local.

Tip

Prices at Mercado Nacional de Artesanías are somewhat fixed but gentle negotiation for multiple items is acceptable

Tip

At the El Valle Sunday Market, vendors expect bargaining — start at 60-70% of asking price

Tip

In formal malls and branded stores, prices are fixed and bargaining is not appropriate

Tip

Guna mola vendors on San Blas Islands may negotiate slightly but respect their craft pricing

Tip

Buying multiple items from the same vendor often yields a better overall price without explicit bargaining

Customs & restrictions

What you can and can't take home.

Important

Restrictions: Pre-Columbian artifacts (huacas) cannot be exported — only certified replicas from stores like Reprosa are allowed. CITES restrictions apply to animals, feathers, and some wood products.

Tax Refund: Panama does not have a formal tourist VAT refund scheme. Prices include the 7% ITBMS sales tax.

Duty Free: Travelers can bring back $800 worth of goods to the US duty-free. Colón Free Trade Zone purchases require documentation for large quantities.

Shipping: International shipping available at Albrook Mall's DHL and FedEx counters. Many artisan shops can arrange shipping for fragile or large items.