Panama Trade Summary

2012 Data

Panama exports, imports, tariff by year.
Panama monthly 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): 16,766
No. Of products: 3,159
No. Of partners: 115
Importsmore »
Imports (in US$ Mil): 27,209
No. Of products: 3,962
No. Of partners: 102

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Sulphonamides2,340,198.21
Other medicaments of ...1,012,073.48
Amino-acids and thei ...796,051.92
Perfumes and toilet ...579,039.88
Medicaments of other ...499,542.34
Imports (US$ Thousands)
Petroleum oils, etc, ...2,662,738.43
Sulphonamides2,242,991.94
Other medicaments of ...991,441.36
Amino-acids and thei ...868,917.61
Footwear, nes, not c ...401,612.95

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States4,070 24.27
Venezuela3,023 18.03
Colombia1,896 11.31
Unspecified1,487 8.87
Costa Rica699 4.17
Exporter Trade (US$ Mil) Partner share(%)
China5,891 21.65
United States4,299 15.80
Free Zones3,964 14.57
Singapore3,412 12.54
Mexico1,105 4.06

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials453 2.70 404 1.48 19.25
Intermediate goods4,440 26.48 5,878 21.60 3.99
Consumer goods9,993 59.60 16,517 60.71 7.58
Capital goods1,876 11.19 4,395 16.15 5.18

Trade Indicators

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HH Market concentration index: 0.09
Index of export market penetration: 5.44
World Growth: 0.17
Country Growth: 3.52

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 260
Simple Average (%): 7.28
Weighted Average (%): 6.13
Duty Free Imports (US$ Thousand): 3,920,533.92
Duty Free Tariff Lines Share (%): 24.17

Development Indicators

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GDP (current US$): 40,430
GNI per capita, Atlas method (current US$): 9,580.00
Trade Balance (% of GDP): -7.68
Trade Balance (current US$ Mil): -3,104.00
Trade in services (% of GDP): 35.57
Trade (% of GDP): 158.06