Panama Trade Summary

2019 Data

Panama exports, imports, tariff by year.

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): 10,478
No. Of products: 2,923
No. Of partners: 119
Importsmore »
Imports (in US$ Mil): 21,484
No. Of products: 3,877
No. Of partners: 118

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...1,413,741.89
Amino-acids and thei ...455,894.81
Transmission apparat ...348,976.50
Perfumes and toilet ...331,847.90
Storage units, wheth ...253,704.09
Imports (US$ Thousands)
Petroleum oils, etc, ...2,046,656.62
Other medicaments of ...1,471,776.90
Amino-acids and thei ...519,673.58
Transmission apparat ...489,152.54
Automobiles with rec ...313,888.84

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States1,351 12.90
Unspecified1,110 10.60
Colombia867 8.27
Costa Rica707 6.75
Dominican Republic562 5.37
Exporter Trade (US$ Mil) Partner share(%)
China4,634 21.57
United States3,973 18.49
Free Zones3,020 14.06
Mexico901 4.20
Singapore859 4.00

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials411 3.92 521 2.42 ...
Intermediate goods1,524 14.54 2,881 13.41 ...
Consumer goods6,380 60.89 13,479 62.74 ...
Capital goods2,162 20.63 4,594 21.38 ...

Trade Indicators

more »
HH Market concentration index: 0.07
Index of export market penetration: 4.88
World Growth: -1.73
Country Growth: 0.20

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$): 69,722
GNI per capita, Atlas method (current US$): 15,470.00
Trade Balance (% of GDP): ...
Trade Balance (current US$ Mil): ...
Trade in services (% of GDP): 27.03
Trade (% of GDP): ...