Panama Trade Summary

2003 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): 805
No. Of products: 473
No. Of partners: 65
Importsmore »
Imports (in US$ Mil): 3,121
No. Of products: 3,881
No. Of partners: 82

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen yellowfin tun ...130,667.11
Bananas, including p ...113,278.67
Fresh or chilled fis ...75,224.20
Fresh or chilled sal ...56,741.66
Frozen shrimps and p ...56,456.75
Imports (US$ Thousands)
Petroleum oils, etc, ...218,849.46
Automobiles with rec ...93,334.35
Other medicaments of ...81,890.13
Automobiles with die ...61,147.31
Butanes, liquefied43,248.14

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States414 51.49
Sweden50 6.20
Spain46 5.66
Costa Rica33 4.16
Belgium29 3.58
Exporter Trade (US$ Mil) Partner share(%)
United States1,096 35.13
Unspecified443 14.18
Japan193 6.19
Costa Rica150 4.80
Colombia123 3.94

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials580 72.09 127 4.08 15.62
Intermediate goods80 9.96 575 18.42 4.00
Consumer goods115 14.33 1,702 54.53 9.35
Capital goods25 3.13 607 19.46 5.68

Trade Indicators

more »
HH Market concentration index: 0.04
Index of export market penetration: 4.89
World Growth: 8.10
Country Growth: 1.78

Tariffs

more »
No Of Tariff Agreement: 1
Maximum Rate (%): 286
Simple Average (%): 7.83
Weighted Average (%): 7.89
Duty Free Imports (US$ Thousand): 487,991.57
Duty Free Tariff Lines Share (%): 22.66

Development Indicators

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GDP (current US$ Mil): 13,694
GNI per capita, Atlas method (current US$): 4,110.00
Trade Balance (% of GDP): -6.01
Trade Balance (current US$ Mil): -823.00
Trade in services (% of GDP): 27.58
Trade (% of GDP): 114.69