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Panama Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Panama monthly trade data

Please note: The data from various sources are not from the same year.

Year

Panama exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Panama Trade

Overall Exports and Imports for Panama 2024

The total value of exports (FOB) is US$ 1,158 million.
The total value of imports (CIF) is US$ 13,987 million.
The total trade was US$ 15,145 million.
The trade balance was US$ -12,829 million.

China Monthly Exports and imports, in Oct 2024

The total value of exports (FOB) is US$ 114,939 K.
The total value of imports (CIF) is US$ 1,404,286 K.
The total trade was US$ 1,519,226 K.
The trade balance was US$ -1,289,347 K.

Panama Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.08.
Index of export market penetration is 0.08.
World Growth in percentage is 0.08 and Panama Country Growth is -4.02.

Panama Service Trade data from WDI 2023

Panama, Service imports (BoP, current US$) is 5,907,096,621.43.
Panama, Service exports (BoP, current US$) is 17,771,570,634.09.
Panama, Imports of goods and services as percentage of GDP is 43.06 %.
Panama, Exports of goods and services as percentage of GDP is 46.47 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Panama in 2023 are below.

The maximum rate of tariff in percentage on any product is 260.
The simple average tariff across all products is 5.88.
The trade weighted average tariff is 6.31.
The total duty free imports in thousands of US dollars are 4,405,919.68 and duty free tariff line items share is 35.04.

Panama Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 67,602 million.
FDI Inward stock flow (in US$ Mil) was US$ 2,833 million.
FDI Outward stock (in US$ Mil) was US$ 7,141 million.
FDI Outward stock flow (in US$ Mil) was US$ 457 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 46.
No Of NTM Affected Products (HS 6 Digit) is 1,211.

Panama World Development Indicators (WDI) 2023

Key Development Indicators of Panama in 2023 are below

The population of Panama is 4,176,873.
GDP in US$ is 83,318 million .
GNI per capita, Atlas method in current US dollars is 17,870.00.
Trade balance in US$ is 2,836.00 million.
Trade in services as percentage of GDP is 3.40 %.

WDI

Panama Global Value Chain (GVC) 2015

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 31 %.

GVC

Panama Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Panama is 47.80.

SPRD