COCABO
Almirante, Bocas del Toro
Founded 1952, the oldest cooperative in Panama. About 1,400 mostly Ngäbe and Naso members and 4,400 organic hectares. Its beans go to Equal Exchange, DOP Chocolate and European bean-to-bar makers.
Chocolate
Bean-to-bar makers, farm chocolate and the cooperative beans that end up in European and American bars.

Who is turning Panamanian beans into chocolate, from the Almirante cooperative to a family maker in the Criollo hills of Herrera.
17 makers and cooperatives
Almirante, Bocas del Toro
Founded 1952, the oldest cooperative in Panama. About 1,400 mostly Ngäbe and Naso members and 4,400 organic hectares. Its beans go to Equal Exchange, DOP Chocolate and European bean-to-bar makers.
Ojo de Agua, Almirante, Bocas del Toro
Founded by Meivis Ortiz, who grew up on a Bocas farm, to pay cacao families for quality. Its cacao took bronze at the 2021 Cocoa of Excellence Awards, among the 50 best in the world. Bars from 55% to 90%, nibs, drinking chocolate, fresh pods, and a farm-to-bar tour where you make your own bars.
Dolphin Bay, Bocas del Toro
A jungle cacao farm in Dolphin Bay with 60-plus-year-old shade-grown trees, making 100% cacao mass, truffles with fresh coconut milk and cane sugar, nib brittle and drinking chocolate. Cacao Tasting Tour ($20, about 2 h) and a hands-on Chocolate Workshop ($40, about 3 h) in English, Spanish, Dutch and French, plus overwater cabins and treehouses. Panacacao is written from here.
Bocas Town, Isla Colón
Victoria Canonico’s tiny-batch chocolatory on Isla Colón, working with indigenous farmers who are raising bean quality. Bars, tropical-fruit bonbons (pineapple, mango, banana, coconut), a cacao liqueur and a signature hand-dipped cocada. Ordered by WhatsApp, served at Amaranto, Sol Bungalows and Nayara Spa, with a hands-on “A Chocolate Affair” tree-to-bar experience.
Isla Colón, Bocas del Toro
A micro-producer making stone-ground dark bars from organic Bocas cacao, including a hot-pepper bar. Recognised at the 2025 Showcolate Fair and sold from a small stand and shops in Bocas Town where you can taste before buying.
Silico Creek, Ngäbe-Buglé comarca
A group of Ngäbe women who, after training with Mission Chocolate through a USAID farmer-to-farmer programme, make and sell their own chocolate and candies (coconut, plantain, cinnamon, vanilla) at festivals and in Bocas, because selling beans alone does not pay. Mery Nöba means “women chocolatiers” in Ngäbere.
Chiriquí Grande, Bocas del Toro
The coffee-investment company from Boquete bought a 61.5-hectare cacao property near sea level in Chiriquí Grande in 2021 and runs a 75,000-seedling nursery in Rambala. Fully planted; post-harvest facilities planned as the trees come into production.
Panama City
Founded in 2013 by Yoshiris Peña and usually named as Panama’s first bean-to-bar maker. Bars from a 60% dark to a 90% single origin, plus ginger, cashew and sea salt, and a 41% with coffee. Sold through Cacao Bar Selection in Obarrio and Casco Viejo shops.
Panama City
Launched in 2018 by young Panamanian entrepreneurs, with Jaime Pérez as the maker. Organic Trinitario cacao from indigenous communities in Bocas del Toro, roasted and tempered in its own Panama City workshop. 75% dark, milk and caramel, and a Galleta María milk bar.
Panama City (Sagrado Cacao)
Each bar riffs on a piece of Panamanian identity: a Barú Geisha coffee milk bar, a Congo-culture bar, a Diablo bar with ají chombo, passion fruit, coconut, rum, lime and panela. The adventurous souvenir brand, easy to find at the airport.
Casco Viejo, Panama City
Started in 2019 by a chocolatier trained at Panama’s first bean-to-bar company, buying directly from small producers. Bars from a 43% milk to an 83% dark, a Geisha-coffee milk bar and a white chocolate with Pompona vanilla from Gariché, Chiriquí. Factory visits and bar-making classes in Casco Viejo.
Panama City (banking district)
Founded in 2018 by restaurateurs David Henesy and Carolina Rodríguez. Roasts in small batches, presses its own cocoa butter, makes powder, mass to spec, and bonbons. Beans from about 300 organic hectares near Almirante (Quebrada Limón, Quebrada Pitti, Río Uyamá) managed with ForestFinance and 12Tree, plus COCABO. A visitor centre is planned.
Corozal, Panama City
Opened October 2026: a coffee processing plant, a bean-to-bar chocolate workshop with fine Bocas cacao and a coffee shop under one roof, from a farm on the slopes of Volcán Barú. Bean-to-bar and farm-to-cup tours.
Finca Las Heliconias, Chiriquí
Chocolate from a living collection of local cacao gathered over fifty years from Alanje, Divalá and elsewhere, planted at Finca Las Heliconias by Lyn Bishop and now maturing.
Boquete, Chiriquí
A family-run shop making chocolates on the premises from organic cacao grown by Bocas smallholders. Not a factory tour, but they will show the process and run hands-on workshops on advance request. Confirm the current address; it has moved toward David.
Bajo Boquete, Chiriquí
A Belize-founded maker whose second factory shares a building with The Perfect Pair café on Boquete’s main avenue, partnered with AgroNosotros. Factory tour and bar-making class, about $39 per adult, by reservation.
Las Minas, Herrera
Arelys Ramos started making chocolate in 2017 and founded the company in 2019, buying pods from more than 40 small growers in the district. 100%, 70% and 50% bars, bonbons, nibs, husk tea, a cacao cream liqueur and seedlings. Workshops for visitors; ships nationwide.
The few shelves where several Panamanian makers sit side by side.
Café and chocolate boutique, exclusive distributor of Oro Moreno, with other Panamanian bars and coffee.
Deli and online shop stocking several Panamanian chocolate brands with nationwide delivery.
Coffee shop that stocks Oro Moreno, Bocao, I Love Panama and more, and ships internationally.
Bars, bonbons, liqueur and cocada straight from the maker; also on the menu at Amaranto and Sol Bungalows.
Taste every flavour before buying. Also in local shops around the island.
Oro Moreno and I Love Panama at the gates. Buy here last; prices are higher.
Amazon
What to taste, read and use. Panamanian bars rarely ship from Amazon, so we point to the closest good options and the tools we use on the farm.

Some links on this page are Amazon affiliate links. If you buy through them we earn a small commission at no extra cost to you. It helps keep the site running.
Bocas beans rarely reach Amazon, but tasting other Central American and Amazon-basin origins side by side teaches your palate what “fruity” and “floral” mean before you visit.
See on Amazon →Roasted, cracked and winnowed bean pieces. The closest thing to standing at the winnower on a farm tour.
See on Amazon →Pure ground beans, no sugar. Melt a few squares in hot water with a little chili the way it is drunk in Bocas kitchens. Often sold under the “ceremonial” label; ignore the adjective, read the origin.
See on Amazon →The stone grinder that turns nibs into liquid chocolate over 24 hours. The one tool that separates home bean-to-bar from everything else.
See on Amazon →Tempering lives or dies by a few degrees. Cheap, and you will use it for roasting too.
See on Amazon →Silicone works, polycarbonate shines. What the makers in Panama City use.
See on Amazon →The friendliest tour of the American craft chocolate movement that Panama’s makers are joining.
See on Amazon →The practical manual: sourcing, roasting curves, winnowing, conching, tempering. We keep a copy at the farm.
See on Amazon →Short, sharp and good on the colonial trade that moved cacao through Portobelo.
See on Amazon →Bocas has no real dry season. Every farm tour starts in sun and may end in a downpour.
See on Amazon →Boats to the farms are open. Phones, cameras and the chocolate you buy stay dry.
See on Amazon →Chitras (sand flies) live where cacao lives. Picaridin does not melt plastics or ruin chocolate packaging like DEET.
See on Amazon →Newsletter
One letter a month from a cacao farm in Bocas del Toro: harvest news, new makers, tours worth booking, and what we are learning about Panama’s cacao. No spam, unsubscribe any time.