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): 15,945
No. Of products: 3,143
No. Of partners: 107
Importsmore »
Imports (in US$ Mil): 14,585
No. Of products: 3,123
No. Of partners: 99

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Sulphonamides2,340,198.21
Other medicaments of ...991,326.11
Amino-acids and thei ...796,051.92
Perfumes and toilet ...577,845.14
Medicaments of other ...499,532.53
Imports (US$ Thousands)
Sulphonamides2,242,855.95
Amino-acids and thei ...867,866.00
Other medicaments of ...723,006.40
Medicaments of other ...365,370.57
Perfumes and toilet ...351,844.36

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,903 24.48
Venezuela3,018 18.93
Colombia1,888 11.84
Unspecified1,379 8.65
Costa Rica644 4.04
Exporter Trade (US$ Mil) Partner share(%)
China5,081 34.84
Singapore3,401 23.32
United States1,323 9.07
Hong Kong, China674 4.62
Mexico543 3.72

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials17 0.11 17 0.12 19.25
Intermediate goods4,190 26.28 4,086 28.02 3.99
Consumer goods9,871 61.91 8,750 59.99 7.58
Capital goods1,866 11.70 1,730 11.86 5.18

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 5.24
World Growth: 0.03
Country Growth: 3.47

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$ Mil): 39,955
GNI per capita, Atlas method (current US$): 9,530.00
Trade Balance (% of GDP): -9.06
Trade Balance (current US$ Mil): -3,618.00
Trade in services (% of GDP): 34.14
Trade (% of GDP): 150.37