Panama Trade Summary

2017 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): 10,601
No. Of products: 3,187
No. Of partners: 107
Importsmore »
Imports (in US$ Mil): 21,934
No. Of products: 3,944
No. Of partners: 111

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...1,479,018.35
Amino-acids and thei ...597,016.31
Sulphonamides481,826.11
Perfumes and toilet ...374,063.41
Aromatic monoamines ...256,745.67
Imports (US$ Thousands)
Petroleum oils, etc, ...1,891,963.76
Other medicaments of ...1,360,527.64
Amino-acids and thei ...732,908.29
Sulphonamides530,139.97
Transmission apparat ...410,612.53

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States2,146 20.24
Unspecified1,092 10.30
Colombia946 8.92
Costa Rica714 6.74
Dominican Republic524 4.94
Exporter Trade (US$ Mil) Partner share(%)
China4,351 19.84
United States4,063 18.52
Free Zones2,807 12.80
Singapore1,521 6.93
Mexico942 4.30

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials29 0.28 429 1.96 ...
Intermediate goods2,196 20.72 3,777 17.22 ...
Consumer goods6,453 60.88 13,132 59.87 ...
Capital goods1,920 18.11 4,585 20.91 ...

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 4.52
World Growth: 5.68
Country Growth: 13.74

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$): 62,203
GNI per capita, Atlas method (current US$): 13,750.00
Trade Balance (% of GDP): -3.82
Trade Balance (current US$ Mil): -2,376.00
Trade in services (% of GDP): 28.94
Trade (% of GDP): 87.43