Panama Trade Summary

2008 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): 9,817
No. Of products: 2,758
No. Of partners: 110
Importsmore »
Imports (in US$ Mil): 15,737
No. Of products: 3,855
No. Of partners: 108

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Medicaments of other ...661,541.61
Perfumes and toilet ...323,811.41
Footwear, nes, not c ...321,278.16
Television receivers ...257,470.44
Other antibiotics, n ...224,733.26
Imports (US$ Thousands)
Medicaments of other ...498,558.04
Petroleum oils, etc, ...463,754.52
Television receivers ...346,250.86
Other antibiotics, n ...334,337.98
Footwear, nes, not c ...305,093.65

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Venezuela2,229 22.71
Colombia1,410 14.36
United States1,074 10.94
Costa Rica500 5.09
Dominican Republic466 4.75
Exporter Trade (US$ Mil) Partner share(%)
United States3,624 23.03
China2,424 15.41
Other Asia, nes1,793 11.40
Hong Kong, China1,416 9.00
Japan647 4.11

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials906 9.23 318 2.02 15.39
Intermediate goods834 8.50 2,280 14.49 2.93
Consumer goods6,890 70.18 10,132 64.38 8.50
Capital goods1,186 12.08 3,007 19.11 5.47

Trade Indicators

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HH Market concentration index: 0.05
Index of export market penetration: 5.33
World Growth: 7.47
Country Growth: 4.98

Tariffs

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No Of Tariff Agreement: 11
Maximum Rate (%): 260
Simple Average (%): 7.31
Weighted Average (%): 7.24
Duty Free Imports (US$ Thousand): 3,480,377.86
Duty Free Tariff Lines Share (%): 25.26

Development Indicators

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GDP (current US$ Mil): 24,522
GNI per capita, Atlas method (current US$): 6,540.00
Trade Balance (% of GDP): -11.88
Trade Balance (current US$ Mil): -2,912.00
Trade in services (% of GDP): 31.97
Trade (% of GDP): 157.07