Top Shopping Destinations in Panama City
Best Shopping in Panama City 2026 | Malls, Markets & Souvenirs | Where to Shop in Panama
1. 
ALBROOK MALL
Largest Mall in Central America | Best Budget Shopping Panama City | Family Shopping Destination
Albrook Mall is the largest in Panama and one of the biggest in Latin America, with over 700 stores and entertainment options. With countless food options and even a bowling alley and movie theater, it’s ideal for families and all-day shopping trips. It’s also well-connected via the metro and bus terminal.
The mall boasts spacious passages and stadium-type cinemas with a capacity for 2,500 people, and provides 5,000 parking spaces with strict security measures in place.
Location: Av. Ascanio Villalaz, Albrook, Panama City
Instagram: @albrookmallpanama
Hours: Monday – Sunday, 10:00 AM – 9:00 PM
Price Range: Budget to mid-range
Best For: Everyday shopping, Panamanian brands, food court, family entertainment
Search as: «Albrook Mall Panama,» «largest mall Panama,» «Panama City shopping budget»
2. 
MULTIPLAZA PACIFIC MALL
Luxury Shopping Panama City | Designer Brands Panama | Best High-End Mall Panama
Multiplaza Pacific Mall is a massive luxury shopping destination with over 400 shops. The mall features 47 dining options, nine department stores, and 16 luxury boutiques exclusive to Multiplaza. Visitors can explore prestigious brands such as Cartier, Chanel, Bulgari, Hermès, Dolce & Gabbana, Gucci, and Tiffany.
- Location: Punta Pacífica, Panama City
- Instagram: @multiplazapacific
- Hours: Monday – Sunday, 10:00 AM – 9:00 PM
- Price Range: Luxury / High-end
- Best For: Designer fashion, fine jewelry, gourmet dining, cinema
- Search as: «Multiplaza Panama luxury,» «designer shopping Panama City,» «best high-end mall Panama»
3. 
SOHO MALL
Panama’s Most Exclusive Mall | Premium Boutique Shopping | Upscale Panama City
Soho Mall is Panama’s most exclusive shopping destination — small but powerful. This premium, curated mall is home to the most upscale international brands in the country, with an atmosphere that feels more like a luxury gallery than a traditional shopping center. Perfect for high-end fashion lovers looking for an elevated, intimate retail experience.
- Location: Costa del Este, Panama City
- Instagram: @sohomallpanama
- Hours: Monday – Sunday, 10:00 AM – 9:00 PM
- Price Range: Premium / Luxury
- Best For: Exclusive fashion brands, premium dining, upscale boutiques
- Search as: «Soho Mall Panama City,» «exclusive shopping Panama,» «best luxury mall Panama 2026»
4. 
MERCADO DE ARTESANÍAS (BALBOA CRAFTS MARKET)
Panama Souvenirs & Handicrafts | Authentic Panamanian Crafts | Best Market Panama City
For true artisan goods, the Mercado de Artesanías is the best spot to find authentic Panamanian handicrafts that make for memorable souvenirs. This colorful market is packed with handmade molas (traditional Guna textile art), hand-painted ceramics, woven baskets, Panama hats, indigenous jewelry, and woodcarvings — all made by local artisans from across the country.
- Location: Balboa Avenue, near the Amador Causeway, Panama City
- Instagram: @mercadoartesaniaspanama
- Hours: Daily, 9:00 AM – 6:00 PM
- Price Range: Very affordable — bargaining is welcome
- Best For: Authentic molas, Panama hats, indigenous crafts, unique gifts
- Search as: «Panama City souvenir market,» «where to buy molas Panama,» «handicrafts Panama City»
5. 
CASCO VIEJO BOUTIQUE SHOPPING
Unique Boutiques Panama City | Local Designer Shops | Shopping Casco Antiguo Panama
The charming streets of San Felipe (Casco Viejo) are among the best spots to find authentic handicrafts and locally made goods that make for truly memorable souvenirs. Beyond souvenirs, Casco Viejo has evolved into a hub of independent boutiques offering Panamanian fashion designers, artisan chocolate shops, specialty coffee roasters, and unique home décor — all within one of the most beautiful neighborhoods in Latin America.
- Location: Casco Viejo (San Felipe), Panama City
- Instagram: @discovercascoviejo
- Hours: Most shops open Tuesday – Sunday, 10:00 AM – 7:00 PM
- Price Range: Mid-range to premium
- Best For: Local fashion designers, artisan chocolate, Panamanian coffee, unique gifts
- Search as: «Casco Viejo shopping Panama,» «boutique stores Panama City,» «local designers Panama»
Pro Shopping Tip: For the best Panama City shopping day, start at Albrook for variety and local finds, then head to Multiplaza for luxury brands, and finish at the Mercado de Artesanías for authentic souvenirs to take home. Panama City is completely tax-free on many imported goods — making it one of the best shopping cities in all of Latin America.
