Panama Trade Summary

2011 Data

Panama exports, imports, tariff by year.
Panama monthly trade data
Panama quarterly trade data

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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): 14,555
No. Of products: 3,084
No. Of partners: 120
Importsmore »
Imports (in US$ Mil): 21,802
No. Of products: 3,938
No. Of partners: 111

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other antibiotics, n ...3,547,052.36
Other medicaments of ...703,729.18
Perfumes and toilet ...512,582.66
Medicaments of other ...489,935.28
Footwear, nes, not c ...354,690.60
Imports (US$ Thousands)
Other antibiotics, n ...3,483,936.48
Other medicaments of ...654,164.51
Perfumes and toilet ...367,210.95
Medicaments of other ...353,894.58
Footwear, nes, not c ...343,437.64

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,831 26.32
Venezuela2,573 17.68
Colombia1,864 12.81
Costa Rica647 4.45
Ecuador583 4.01
Exporter Trade (US$ Mil) Partner share(%)
China5,712 26.20
United States4,047 18.56
Singapore3,418 15.68
Mexico851 3.90
Hong Kong, China701 3.22

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials434 2.98 406 1.86 14.92
Intermediate goods4,311 29.62 5,487 25.17 1.35
Consumer goods8,354 57.39 11,991 55.00 7.75
Capital goods1,455 10.00 3,901 17.89 4.96

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 5.19
World Growth: 9.30
Country Growth: 9.78

Tariffs

more »
No Of Tariff Agreement: 1
Maximum Rate (%): 260
Simple Average (%): 7.30
Weighted Average (%): 5.76
Duty Free Imports (US$ Thousand): 7,438,448.33
Duty Free Tariff Lines Share (%): 23.17

Development Indicators

more »
GDP (current US$): 34,374
GNI per capita, Atlas method (current US$): 8,480.00
Trade Balance (% of GDP): -10.82
Trade Balance (current US$ Mil): -3,719.00
Trade in services (% of GDP): 36.11
Trade (% of GDP): 156.61