Panama Trade Summary

2015 Data

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

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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): 11,348
No. Of products: 2,935
No. Of partners: 108
Importsmore »
Imports (in US$ Mil): 10,375
No. Of products: 2,897
No. Of partners: 95

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...1,591,114.92
Sulphonamides1,197,964.02
Amino-acids and thei ...525,831.56
Perfumes and toilet ...443,540.35
Footwear, nes, not c ...250,978.57
Imports (US$ Thousands)
Sulphonamides1,182,863.84
Other medicaments of ...1,042,773.02
Amino-acids and thei ...570,201.75
Perfumes and toilet ...299,405.43
Footwear, nes, not c ...224,137.20

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States2,475 21.81
Colombia1,482 13.06
Unspecified1,092 9.62
Venezuela746 6.57
Costa Rica639 5.63
Exporter Trade (US$ Mil) Partner share(%)
China3,539 34.12
Singapore1,932 18.62
United States959 9.25
Hong Kong, China444 4.28
Mexico332 3.20

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials18 0.16 17 0.16 6.01
Intermediate goods2,504 22.06 2,442 23.53 0.75
Consumer goods7,417 65.36 6,509 62.74 7.47
Capital goods1,409 12.42 1,406 13.55 4.06

Trade Indicators

more »
HH Market concentration index: 0.05
Index of export market penetration: 4.40
World Growth: -6.47
Country Growth: -2.67

Tariffs

more »
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

more »
GDP (current US$ Mil): 52,132
GNI per capita, Atlas method (current US$): 11,730.00
Trade Balance (% of GDP): -6.74
Trade Balance (current US$ Mil): -3,515.00
Trade in services (% of GDP): 31.96
Trade (% of GDP): 105.65