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Panama Trade Summary

2001

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 2001

Overall Exports and Imports for Panama 2001

Exports and imports of Panama in 2001 are below, along with number of countries and products

  • The total value of exports (FoB) was 809 million.
  • The total value of imports (CIF) was 2,986 million.
  • At the HS6 digit level, 484 products were exported to 61 countries and 3,906 products were imported from 88 countries.

Panama top 5 Export and Import partners 2001

Top five countries to which Panama exported in 2001 are below, along with the percent of total exports that went to that country:

  1. Panama exports to United States worth US$ 402 million, with a partner share of 49.74 percent.
  2. Panama exports to Nicaragua worth US$ 41 million, with a partner share of 5.08 percent.
  3. Panama exports to Costa Rica worth US$ 39 million, with a partner share of 4.79 percent.
  4. Panama exports to Belgium worth US$ 37 million, with a partner share of 4.51 percent.
  5. Panama exports to Sweden worth US$ 30 million, with a partner share of 3.75 percent.

Top five countries from which Panama imported goods in 2001 are below, along with percent of total imports that came from the country :

  1. Panama imports from United States worth US$ 986 million, with a partner share of 33.00 percent.
  2. Panama imports from Unspecified worth US$ 405 million, with a partner share of 13.55 percent.
  3. Panama imports from Ecuador worth US$ 237 million, with a partner share of 7.93 percent.
  4. Panama imports from Colombia worth US$ 169 million, with a partner share of 5.66 percent.
  5. Panama imports from Venezuela worth US$ 154 million, with a partner share of 5.17 percent.

Panama Top 5 Productsexports imports at HS 6 digit level 2001

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 122,473.66 (US$ Thousands).
  2. Panama exported Frozen shrimps and prawns , worth 70,294.58 (US$ Thousands).
  3. Panama exported Fresh or chilled fish fillets , worth 57,209.85 (US$ Thousands).
  4. Panama exported Petroleum oils, etc, (excl. crude); preparation , worth 56,337.97 (US$ Thousands).
  5. Panama exported Frozen yellowfin tunas , worth 52,097.78 (US$ Thousands).

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 425,983.51 (US$ Thousands).
  2. Panama imported Petroleum oils, etc, (excl. crude); preparation , worth 176,043.27 (US$ Thousands).
  3. Panama imported Other medicaments of mixed or unmixed products, , worth 63,064.29 (US$ Thousands).
  4. Panama imported Automobiles with reciprocating piston engine di , worth 59,032.04 (US$ Thousands).
  5. Panama imported Telegraphic apparatus, nes , worth 43,279.39 (US$ Thousands).

Exports and Imports of Product Groups 2001

Exports and imports of products by stages of processing in 2001 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2001

Tariffs imposed by Panama in 2001 are below

  • The maximum rate of tariff in percentage on any product was 293 percent.
  • The simple average tariff across all products was 7.97 percent.
  • The trade weighted average tariff was 6.86 .
  • The total duty free imports in thousands of US dollars were 521,770.57 and duty free tariff line items share was 5.60 percent.

Development Indicators 2001

Key Development Indicators of Panama in 2001 are below

  • Panama GDP in current US dollar was 12,502 million.
  • GNI per capita, Atlas method (current US$) was 3,860.00 .
  • Panama Trade balance: as % of GDP was -5.83.
  • Trade balance in current US$ was -729.00 million.
  • Trade as percentage of GDP was 130.10 .
  • Trade in services as percentage of GDP was 24.90 .

Trade Indicators 2001

Trade Indicators for Panama in 2001 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 5.10.
  • World Growth in percentage was -1.72 and Panama Country Growth was 14.04 .