Panama Trade Summary

2016 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): 11,195
No. Of products: 3,288
No. Of partners: 123
Importsmore »
Imports (in US$ Mil): 9,238
No. Of products: 3,045
No. Of partners: 97

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...1,470,239.95
Sulphonamides846,177.19
Amino-acids and thei ...811,780.48
Perfumes and toilet ...380,513.52
Parts of electrical ...291,279.81
Imports (US$ Thousands)
Other medicaments of ...1,232,998.18
Sulphonamides870,919.11
Amino-acids and thei ...758,562.06
Perfumes and toilet ...295,235.84
Footwear, nes, not c ...191,943.35

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States2,308 20.62
Colombia1,064 9.50
Unspecified1,004 8.97
Costa Rica753 6.73
Venezuela602 5.38
Exporter Trade (US$ Mil) Partner share(%)
China2,894 31.33
Singapore1,749 18.93
United States880 9.53
Mexico481 5.21
Vietnam314 3.40

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials431 3.85 24 0.26 ...
Intermediate goods2,337 20.88 2,116 22.90 ...
Consumer goods6,770 60.48 5,706 61.77 ...
Capital goods1,655 14.79 1,391 15.05 ...

Trade Indicators

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HH Market concentration index: 0.06
Index of export market penetration: 3.89
World Growth: -4.43
Country Growth: -14.68

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$ Mil): 55,188
GNI per capita, Atlas method (current US$): 12,140.00
Trade Balance (% of GDP): -4.80
Trade Balance (current US$ Mil): -2,650.00
Trade in services (% of GDP): 30.52
Trade (% of GDP): 94.34