Panama Trade Summary

2011 Data

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

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): 15,896
No. Of products: 3,153
No. Of partners: 118
Importsmore »
Imports (in US$ Mil): 23,382
No. Of products: 3,903
No. Of partners: 110

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other antibiotics, n ...3,547,106.85
Other medicaments of ...838,218.61
Perfumes and toilet ...544,321.01
Medicaments of other ...502,910.15
Footwear, nes, not c ...402,876.35
Imports (US$ Thousands)
Other antibiotics, n ...3,484,694.93
Petroleum oils, etc, ...1,964,238.11
Other medicaments of ...731,651.05
Footwear, nes, not c ...381,286.88
Perfumes and toilet ...374,133.74

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,831 24.10
Venezuela2,573 16.18
Colombia1,864 11.73
Unspecified1,413 8.89
Costa Rica647 4.07
Exporter Trade (US$ Mil) Partner share(%)
China5,585 23.88
United States3,568 15.26
Singapore3,413 14.60
Free Zones2,895 12.38
Mexico771 3.30

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials439 2.76 346 1.48 14.92
Intermediate goods4,360 27.43 5,347 22.87 1.35
Consumer goods9,438 59.38 14,025 59.98 7.75
Capital goods1,658 10.43 3,665 15.67 4.96

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 5.36
World Growth: 9.23
Country Growth: 10.53

Tariffs

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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

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GDP (current US$): 34,686
GNI per capita, Atlas method (current US$): 8,590.00
Trade Balance (% of GDP): -6.03
Trade Balance (current US$ Mil): -2,090.00
Trade in services (% of GDP): 37.42
Trade (% of GDP): 162.49