Panama Trade Summary

2007 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): 8,821
No. Of products: 2,888
No. Of partners: 112
Importsmore »
Imports (in US$ Mil): 13,269
No. Of products: 3,957
No. Of partners: 104

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Medicaments of other ...547,353.74
Footwear, nes, not c ...285,017.14
Perfumes and toilet ...279,621.30
Television receivers ...224,146.68
Melons and watermelo ...202,522.87
Imports (US$ Thousands)
Petroleum oils, etc, ...845,656.42
Medicaments of other ...491,818.76
Footwear, nes, not c ...250,712.94
Television receivers ...230,880.66
Footwear, nes, cover ...226,683.03

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Venezuela1,797 20.37
Colombia1,362 15.44
United States757 8.58
Costa Rica504 5.71
Dominican Republic452 5.12
Exporter Trade (US$ Mil) Partner share(%)
United States2,985 22.50
China2,626 19.79
Hong Kong, China1,333 10.05
Other Asia, nes862 6.50
Japan570 4.30

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials846 9.59 225 1.70 13.97
Intermediate goods580 6.57 1,498 11.29 3.43
Consumer goods6,111 69.28 8,849 66.69 8.51
Capital goods1,023 11.59 2,357 17.77 5.88

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 5.55
World Growth: 7.24
Country Growth: 7.95

Tariffs

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No Of Tariff Agreement: 10
Maximum Rate (%): 260
Simple Average (%): 7.40
Weighted Average (%): 7.54
Duty Free Imports (US$ Thousand): 2,594,901.62
Duty Free Tariff Lines Share (%): 24.24

Development Indicators

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GDP (current US$ Mil): 20,958
GNI per capita, Atlas method (current US$): 5,760.00
Trade Balance (% of GDP): -6.85
Trade Balance (current US$ Mil): -1,436.00
Trade in services (% of GDP): 30.95
Trade (% of GDP): 145.61