The Free Trade Zone is a gigantic entity at the Atlantic gateway to the Panamá Canal, dedicated to re-export an enormous variety of chandise to Latin America and the Caribbean.
It is the largest such port in the Americas and second largest in the world. It started operations in 1948 and occupies about 600 acres .
The Colón Free Zone receives more than 250,000 visitors a year and has 1,751 companies established in this place and generates exports and re-exports valued at more than US$6.5 billion in 2005, which can count on all the services and facilities offered by the Free Zone, for importing, storing, assembling, re-packing and re-exporting products from all over the world: from all types of electric appliances to pharmaceutical products, liquor, cigarettes, office and home furniture, clothing, shoes, jewelry, toys, etc. It is considered the "Trading Showcase" of Central and South America as well as for the Caribbean region.