Panama Trade Summary

1997 Data

Panama exports, imports, tariff by year.

Country / Region
Year
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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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 658
No. Of products: 648
No. Of partners: 65
Importsmore »
Imports (in US$ Mil): 2,991
No. Of products: 4,029
No. Of partners: 78

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Bananas, including p ...179,946.99
Frozen shrimps and p ...95,734.61
Raw cane sugar, in s ...28,669.37
Fresh or chilled sal ...24,979.66
Coffee, not roasted ...22,425.10
Imports (US$ Thousands)
Petroleum oils and o ...261,848.35
Automobiles with rec ...85,623.70
Automobiles with rec ...68,993.72
Automobiles with die ...52,113.98
Other medicaments of ...42,109.69

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States323 49.10
Sweden54 8.27
Costa Rica41 6.23
Belgium-Luxembourg35 5.31
Honduras27 4.13
Exporter Trade (US$ Mil) Partner share(%)
United States1,119 37.43
Free Zones405 13.53
Japan211 7.04
Ecuador167 5.58
Mexico147 4.91

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials394 59.84 367 12.26 3.58
Intermediate goods104 15.86 590 19.71 9.40
Consumer goods112 17.06 1,246 41.65 14.36
Capital goods22 3.42 660 22.08 7.84

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 3.88
World Growth: 3.05
Country Growth: -4.65

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 60
Simple Average (%): 12.27
Weighted Average (%): 10.62
Duty Free Imports (US$ Thousand): 383,427.66
Duty Free Tariff Lines Share (%): 4.89

Development Indicators

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GDP (current US$ Mil): 10,677
GNI per capita, Atlas method (current US$): 3,600.00
Trade Balance (% of GDP): -11.37
Trade Balance (current US$ Mil): -1,214.00
Trade in services (% of GDP): 28.34
Trade (% of GDP): 165.34