Panama Trade Summary

2015 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): 12,043
No. Of products: 3,034
No. Of partners: 116
Importsmore »
Imports (in US$ Mil): 22,503
No. Of products: 3,926
No. Of partners: 105

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...1,607,461.44
Sulphonamides1,197,964.02
Amino-acids and thei ...525,831.56
Perfumes and toilet ...443,774.33
Footwear, nes, not c ...250,978.57
Imports (US$ Thousands)
Petroleum oils, etc, ...1,540,877.92
Other medicaments of ...1,387,673.44
Sulphonamides1,183,050.10
Amino-acids and thei ...571,365.44
Automobiles with rec ...412,507.91

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States2,611 21.68
Colombia1,490 12.37
Unspecified1,197 9.94
Venezuela747 6.20
Costa Rica692 5.75
Exporter Trade (US$ Mil) Partner share(%)
China4,698 20.88
United States4,101 18.22
Free Zones2,521 11.20
Singapore1,978 8.79
Mexico953 4.23

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials460 3.82 443 1.97 6.01
Intermediate goods2,618 21.74 4,216 18.74 0.75
Consumer goods7,544 62.64 13,796 61.31 7.47
Capital goods1,421 11.80 4,036 17.94 4.06

Trade Indicators

more »
HH Market concentration index: 0.05
Index of export market penetration: 4.55
World Growth: -6.31
Country Growth: -2.77

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 260
Simple Average (%): 7.37
Weighted Average (%): 5.41
Duty Free Imports (US$ Thousand): 3,736,201.39
Duty Free Tariff Lines Share (%): 22.17

Development Indicators

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GDP (current US$): 54,092
GNI per capita, Atlas method (current US$): 12,240.00
Trade Balance (% of GDP): -4.57
Trade Balance (current US$ Mil): -2,470.00
Trade in services (% of GDP): 30.85
Trade (% of GDP): 99.94