Welcome to Panama Poultry Export Quota, Inc.
Panama Poultry Export Quota, Inc. (PAN-PEQ) was formed in 2007 by the poultry industries of Panama and the United States to assist the governments of signatories to the U.S.-Panama Trade Promotion Agreement (TPA) to administer provisions establishing a tariff-rate quota on chicken leg quarters imported by Panama. The TPA entered into force on October 31, 2012.
PAN-PEQ is a Delaware not-for-profit corporation that has received an Export Trade Certificate of Review from the U.S. Department of Commerce to conduct open-tender auctions for the right to import chicken leg quarters in Panama.
December 2023 Auction
The first auction for shipment in 2024 will take place December 4-8, 2023.
The tariff rate quota for chicken leg quarters will be allocated through an open and public auction system. PAN-PEQ, Inc. will issue certificates of quota eligibility to the high bidders in the auction.
2024 Minimum Bid Price Change
Beginning with the first auction for shipment in 2024 on December 4-8, 2023, the minimum bid price per ton will be reduced to $100 per metric ton from $200 per metric ton.