Panama Trade Summary

1999 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): 707
No. Of products: 629
No. Of partners: 72
Importsmore »
Imports (in US$ Mil): 3,515
No. Of products: 4,001
No. Of partners: 90

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Bananas, including p ...184,050.57
Frozen shrimps and p ...68,855.81
Fresh or chilled sal ...38,769.10
Fresh or chilled fis ...20,213.82
Coffee, not roasted ...18,541.78
Imports (US$ Thousands)
Petroleum oils and o ...301,973.38
Automobiles with rec ...117,919.14
Automobiles with die ...61,945.96
Other medicaments of ...56,533.76
Automobiles with rec ...54,146.79

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States316 44.70
Germany76 10.74
Costa Rica37 5.29
Belgium31 4.42
Italy29 4.10
Exporter Trade (US$ Mil) Partner share(%)
United States1,254 35.68
Free Zones461 13.12
Japan254 7.23
Ecuador185 5.27
Mexico172 4.90

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials424 59.99 421 11.97 3.63
Intermediate goods81 11.51 565 16.07 6.01
Consumer goods123 17.35 1,554 44.21 10.66
Capital goods16 2.24 891 25.35 5.77

Trade Indicators

more »
HH Market concentration index: 0.05
Index of export market penetration: 4.20
World Growth: 2.52
Country Growth: 0.61

Tariffs

more »
No Of Tariff Agreement: 1
Maximum Rate (%): 167
Simple Average (%): 8.32
Weighted Average (%): 7.83
Duty Free Imports (US$ Thousand): 414,564.17
Duty Free Tariff Lines Share (%): 5.52

Development Indicators

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GDP (current US$ Mil): 12,130
GNI per capita, Atlas method (current US$): 3,760.00
Trade Balance (% of GDP): -12.98
Trade Balance (current US$ Mil): -1,574.00
Trade in services (% of GDP): 24.26
Trade (% of GDP): 126.69