Panama Trade Summary

2013 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): 15,576
No. Of products: 3,221
No. Of partners: 117
Importsmore »
Imports (in US$ Mil): 25,709
No. Of products: 3,967
No. Of partners: 105

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Sulphonamides1,848,512.97
Other medicaments of ...1,170,011.53
Amino-acids and thei ...946,093.84
Other antibiotics, n ...690,142.49
Perfumes and toilet ...550,059.03
Imports (US$ Thousands)
Petroleum oils, etc, ...2,531,848.15
Sulphonamides1,961,614.18
Other medicaments of ...1,135,529.47
Amino-acids and thei ...737,901.65
Other antibiotics, n ...511,790.87

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States3,703 23.77
Colombia1,919 12.32
Venezuela1,721 11.05
Unspecified1,483 9.52
Costa Rica696 4.47
Exporter Trade (US$ Mil) Partner share(%)
China4,842 18.83
United States4,343 16.89
Free Zones3,623 14.09
Singapore3,122 12.14
Mexico1,002 3.90

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials502 3.22 394 1.53 21.03
Intermediate goods4,320 27.73 5,564 21.64 4.61
Consumer goods9,017 57.89 15,180 59.05 7.45
Capital goods1,736 11.15 4,559 17.73 4.85

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 5.04
World Growth: 1.18
Country Growth: -3.73

Tariffs

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No Of Tariff Agreement: 28
Maximum Rate (%): 260
Simple Average (%): 6.93
Weighted Average (%): 6.08
Duty Free Imports (US$ Thousand): 4,424,397.56
Duty Free Tariff Lines Share (%): 27.13

Development Indicators

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GDP (current US$): 45,600
GNI per capita, Atlas method (current US$): 10,670.00
Trade Balance (% of GDP): -7.31
Trade Balance (current US$ Mil): -3,334.00
Trade in services (% of GDP): 34.96
Trade (% of GDP): 137.63