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Panama Trade Summary

2000

Panama exports, imports, tariff by year.

Country and 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 2000

Overall Exports and Imports for Panama 2000

Exports and imports of Panama in 2000 are below, along with number of countries and products

  • The total value of exports (FoB) was 779 million.
  • The total value of imports (CIF) was 3,405 million.
  • At the HS6 digit level, 516 products were exported to 65 countries and 3,937 products were imported from 88 countries.

Panama top 5 Export and Import partners 2000

Top five countries to which Panama exported in 2000 are below, along with the percent of total exports that went to that country:

  1. Panama exports to United States worth US$ 354 million, with a partner share of 45.40 percent.
  2. Panama exports to Sweden worth US$ 66 million, with a partner share of 8.52 percent.
  3. Panama exports to Belgium worth US$ 41 million, with a partner share of 5.23 percent.
  4. Panama exports to Costa Rica worth US$ 39 million, with a partner share of 5.03 percent.
  5. Panama exports to Italy worth US$ 26 million, with a partner share of 3.28 percent.

Top five countries from which Panama imported goods in 2000 are below, along with percent of total imports that came from the country :

  1. Panama imports from United States worth US$ 1,120 million, with a partner share of 32.91 percent.
  2. Panama imports from Unspecified worth US$ 413 million, with a partner share of 12.14 percent.
  3. Panama imports from Ecuador worth US$ 244 million, with a partner share of 7.17 percent.
  4. Panama imports from Venezuela worth US$ 224 million, with a partner share of 6.58 percent.
  5. Panama imports from Japan worth US$ 187 million, with a partner share of 5.51 percent.

Panama Top 5 Productsexports imports at HS 6 digit level 2000

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$ 160,030.21 million.
  2. Panama exported Frozen shrimps and prawns , worth US$ 59,403.44 million.
  3. Panama exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 51,686.86 million.
  4. Panama exported Fresh or chilled salmonidae (excl. 0302.11 and , worth US$ 48,767.98 million.
  5. Panama exported Cigars, cheroots and cigarillos containing toba , worth US$ 37,943.15 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$ 447,009.50 million.
  2. Panama imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 166,311.92 million.
  3. Panama imported Automobiles with reciprocating piston engine di , worth US$ 80,473.02 million.
  4. Panama imported Other medicaments of mixed or unmixed products, , worth US$ 59,186.87 million.
  5. Panama imported Automobiles with diesel engine displacing more , worth US$ 55,528.28 million.

Exports and Imports of Product Groups 2000

Exports and imports of products by stages of processing in 2000 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2000

Tariffs imposed by Panama in 2000 are below

  • The maximum rate of tariff in percentage on any product was 300 percent.
  • The simple average tariff across all products was 8.17 percent.
  • The trade weighted average tariff was 7.19 .
  • The total duty free imports in thousands of US dollars were 555,667.76 and duty free tariff line items share was 5.54 percent.

Development Indicators 2000

Key Development Indicators of Panama in 2000 are below

  • Panama GDP in current US dollar was 12,304 million.
  • GNI per capita, Atlas method (current US$) was 3,920.00 .
  • Panama Trade balance: as % of GDP was -9.97.
  • Trade balance in current US$ was -1,226.00 million.
  • Trade as percentage of GDP was 133.99 .
  • Trade in services as percentage of GDP was 25.69 .

Trade Indicators 2000

Trade Indicators for Panama in 2000 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 4.66.
  • World Growth in percentage was 7.19 and Panama Country Growth was -0.28 .