Loading..

Panama Trade Summary

1996

Panama exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PANAMA 1996

Overall Exports and Imports for Panama 1996

Exports and imports of Panama in 1996 are below, along with number of countries and products

  • The total value of exports (FoB) was 569 million.
  • The total value of imports (CIF) was 2,780 million.
  • At the HS6 digit level, 590 products were exported to 64 countries and 4,077 products were imported from 93 countries.

Panama top 5 Export and Import partners 1996

Top five countries to which Panama exported in 1996 are below, along with the percent of total exports that went to that country:

  1. Panama exports to United States worth US$ 286 million, with a partner share of 50.30 percent.
  2. Panama exports to Sweden worth US$ 58 million, with a partner share of 10.15 percent.
  3. Panama exports to Costa Rica worth US$ 38 million, with a partner share of 6.62 percent.
  4. Panama exports to Germany worth US$ 25 million, with a partner share of 4.42 percent.
  5. Panama exports to Belgium-Luxembourg worth US$ 24 million, with a partner share of 4.16 percent.

Top five countries from which Panama imported goods in 1996 are below, along with percent of total imports that came from the country :

  1. Panama imports from United States worth US$ 1,052 million, with a partner share of 37.84 percent.
  2. Panama imports from Free Zones worth US$ 384 million, with a partner share of 13.83 percent.
  3. Panama imports from Venezuela worth US$ 199 million, with a partner share of 7.15 percent.
  4. Panama imports from Japan worth US$ 168 million, with a partner share of 6.04 percent.
  5. Panama imports from Ecuador worth US$ 107 million, with a partner share of 3.86 percent.

Panama Top 5 Productsexports imports at HS 6 digit level 1996

The top five exported HS 6 digit level products to world by Panama along with trade value are:

  1. Panama exported Bananas, including plantains, fresh or dried , worth US$ 184,162.43 million.
  2. Panama exported Frozen shrimps and prawns , worth US$ 74,554.68 million.
  3. Panama exported Raw cane sugar, in solid form , worth US$ 22,598.34 million.
  4. Panama exported Coffee, not roasted or decaffeinated , worth US$ 18,705.46 million.
  5. Panama exported Fresh or chilled salmonidae (excl. 0302.11 and , worth US$ 14,050.53 million.

The top five imported HS 6 digit level products from world by Panama along with trade value are

  1. Panama imported Petroleum oils and oils obtained from bituminou , worth US$ 301,679.62 million.
  2. Panama imported Automobiles with reciprocating piston engine di , worth US$ 72,062.10 million.
  3. Panama imported Automobiles with reciprocating piston engine di , worth US$ 50,954.24 million.
  4. Panama imported Automobiles with diesel engine displacing more , worth US$ 48,669.66 million.
  5. Panama imported Maize (excl. seed) , worth US$ 33,568.18 million.

Exports and Imports of Product Groups 1996

Exports and imports of products by stages of processing in 1996 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1996

Tariffs imposed by Panama in 1996 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1996

Key Development Indicators of Panama in 1996 are below

  • Panama GDP in current US dollar was 9,870 million.
  • GNI per capita, Atlas method (current US$) was 3,560.00 .
  • Panama Trade balance: as % of GDP was -13.43.
  • Trade balance in current US$ was -1,326.00 million.
  • Trade as percentage of GDP was 156.01 .
  • Trade in services as percentage of GDP was 26.64 .

Trade Indicators 1996

Trade Indicators for Panama in 1996 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 3.88.
  • World Growth in percentage was 3.55 and Panama Country Growth was 1.59 .