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Shopping Guide

Panama Shopping Guide 2025

Find the best markets, malls, and unique souvenirs in Panama.

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.

What to Buy

Unique local products worth bringing home.

Textiles

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.

$15-80
Where: San Blas Islands, Mercado Nacional de Artesanías
Hats

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.

$20-100
Where: Mercado Nacional de Artesanías, El Valle market
Ceramics

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.

$10-50
Where: Mercado Nacional de Artesanías, Chiriquí markets
Jewelry

Gold Huaca Replicas

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

$25-200
Where: Reprosa store in Marbella, Albrook Mall
Baskets

Embera Woven Baskets

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

$30-150
Where: Embera village tours, Mercado Nacional de Artesanías
Food

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.

$15-60
Where: Kotowa Coffee Shop, Boquete farms, airport duty-free
Spirits

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.

$12-45
Where: El Rey supermarket, El Machetazo, duty-free stores
Artwork

Pollera Miniatures

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

$15-50
Where: Mercado Nacional de Artesanías, Las Tablas area

Markets & Bazaars

Experience authentic local shopping culture.

Market

Mercado Nacional de Artesanías

8AM-6PM dailyVía Cincuentenario near Miraflores Locks, Panama City

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.

Known for: Indigenous crafts, molas, Panama hats
Market

Mercado de Mariscos (Seafood Market)

6AM-5PM dailyAvenida Balboa, Casco Viejo waterfront, Panama City

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.

Known for: Fresh seafood, ceviche
Market

El Valle Sunday Market

7AM-2PM SundaysEl Valle de Antón, 120 km from Panama City

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

Known for: Orchids, carved stone, local produce
Market

Reprosa Silver & Gold Workshop Market

9AM-6PM Mon-SatAvenida Samuel Lewis, Marbella, Panama City

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.

Known for: Gold and silver huaca jewelry
Market

Mercado Colmena (Colmena Market)

7AM-8PM dailyVia España, El Cangrejo, Panama City

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

Known for: Fresh produce, street food
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Complete Shopping Guide

Bargaining phrases, souvenir recommendations, and budget tips.

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Shopping Districts

Where to find different types of shops.

Casco Viejo

Boutique shopping

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

Calle Uruguay

High street

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

Multiplaza Pacific

Luxury shopping

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

Via Argentina

Neighborhood shopping

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

Colón Free Trade Zone

Duty-free 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 Stores

Air-conditioned shopping options.

Albrook Mall

10AM-9PM daily

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.

Multiplaza Pacific

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

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.

Metromall Panama

10AM-9PM daily

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

Los Pueblos

10AM-9PM daily

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.

Bargaining Tips

How to negotiate prices in local markets.

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

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

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

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

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

When NOT to Bargain

  • Fixed-price shops and malls
  • Government emporiums
  • Restaurants and hotels
  • Supermarkets and pharmacies

Customs & Export Rules

What you need to know about taking purchases home.

Export 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 Refunds

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

Duty-Free Limits

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.

Shop Smart in Panama

Get our complete shopping guide with bargaining phrases, quality assessment tips, and budget planner.

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