Panama Seafood Group, S.A., based in Aguadulce, Panama, is a vertically integrated seafood processor and exporter, specializing in high-quality warm water shrimp and value-added seafood products. With direct access to rich coastal waters and strategically located processing facilities, the company plays a pivotal role in Panama’s growing seafood export sector.
Core Business
Panama Seafood Group’s core operations include the processing, freezing, packaging, and global distribution of warm water shrimp, commonly known in the region as langostinos. The company supplies to both bulk and branded buyers across multiple continents and has established itself as a reliable supplier of consistent, traceable, and high-quality frozen seafood.
The company’s strategic position near major maritime routes enables streamlined logistics to North American, European, and Asian markets.
Product and Service Offerings
Panama Seafood Group offers a focused but competitive range of seafood products:
Warm Water Shrimp (Langostinos)
- HOSO (Head-On, Shell-On)
- HLSO (Headless, Shell-On)
- PDTO (Peeled, Deveined, Tail-On)
- PUD (Peeled, Undeveined)
- EZ Peel
- Packaged in IQF (Individually Quick Frozen) or block formats
Frozen Shrimp
- Sourced from sustainable local aquaculture and wild fisheries
- Graded by size (e.g., 16/20, 21/25, 26/30) and packed per customer specifications
- Both raw and cooked formats available
Value-Added Seafood Products
- Pre-marinated shrimp
- Skewers and ready-to-cook items
- Private label and retail-ready options for international clients
Products are processed in compliance with international food safety and hygiene standards and can be customized for market-specific requirements.
Specialization and Core USP
Panama Seafood Group differentiates itself with:
- Warm Water Shrimp Expertise: Specialization in tropical species like Penaeus vannamei, popular in international cuisine.
- Traceable Supply Chains: From pond to package, maintaining records for regulatory compliance and consumer trust.
- Sustainability Commitments: Sourcing from certified farms and fisheries with environmentally responsible practices.
- Value-Added Focus: Custom processing and packaging services for retailers and foodservice brands.
- Panama Advantage: Efficient export logistics through proximity to major ports and the Panama Canal.
These advantages position the company as a dependable partner for importers requiring both volume and customization.
Financials
As a privately owned entity, Panama Seafood Group does not disclose audited financial statements. However, based on export activity and processing capacity, trade estimates suggest annual export revenues in the range of USD $10–20 million, primarily driven by frozen shrimp sales to the United States and European Union markets.
Shipment Data
According to regional trade data and maritime shipping platforms:
- Estimated Export Volume: 2,000–3,000 metric tons annually
- Annual Shipments: Approximately 200–300 containers per year
- Top Export Destinations:
- United States
- Spain
- France
- China
- Most Shipped Products: Frozen HLSO shrimp, IQF cooked shrimp, and private-label retail packs
The company's consistent shipment record reflects both its production capacity and international compliance.
Target Market
Panama Seafood Group caters to:
- Seafood Importers and Distributors
- Supermarket Chains and Private Label Brands
- Foodservice and Restaurant Suppliers
- Wholesale Clubs and Ethnic Grocery Chains
Their ability to process both large volumes and specialty retail packs allows them to serve diverse segments from industrial to high-end retail.
Capabilities
- Processing Plant in Aguadulce, equipped with IQF and block freezing lines, grading machines, and hygienic packing systems
- Cold Storage Facilities with capacity for bulk shipments
- Logistics and Export Coordination, including cold chain assurance from plant to port
- Packaging Customization for multilingual labeling and branded packaging
- In-House Quality Control Team monitoring microbiological and physical quality parameters
These capabilities enable reliable, on-time delivery of premium seafood that meets or exceeds international standards.
Certifications and Compliance
- HACCP Certification
- EU-Approved Processing Facility
- FDA Compliance for U.S. Market
- BRC and IFS Certifications (pending or in process, per industry trends)
- Sustainably Sourced Inputs aligned with international aquaculture best practices
Panama Seafood Group also maintains strict documentation and tracking to comply with:
- U.S. Seafood Import Monitoring Program (SIMP)
- European Union Traceability Requirements
Customer Testimonials
Though limited in public media, positive feedback from international buyers and regional trade shows includes:
“Their shrimp quality is consistently high, and the packaging is always retail-ready. A dependable supplier.”
— Importer, U.S. Seafood Distributor
“We source several container loads per quarter, and they have never failed to meet specifications or delivery timelines.”
— Buyer, European Retail Chain
Major Achievements
- Established Strategic Export Routes to the U.S. and EU
- Expanded Value-Added Product Line with marinated and cooked items
- Improved Processing Efficiency through investment in IQF technology
- Consistently Compliant with U.S. FDA and EU inspection protocols
- Recognized as a Top Shrimp Exporter from Panama, contributing to national seafood export growth
Panama Seafood Group, S.A. continues to enhance its presence in the global seafood trade through a combination of quality, customization, and sustainability, positioning itself as a leading supplier of tropical shrimp and value-added seafood products from Latin America.