Overall Exports and Imports for Panama 2021
- The total value of exports (FOB) is US$ 3,782 million.
- The total value of imports (CIF) is US$ 13,313 million.
- At the HS6 digit level, 379 products are exported to 99 countries and 3,743 products are imported from 105 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Panama along with trade value are:
- Panama exported Copper ores and concentrates , worth US$ 2,930,783.34 million.
- Panama exported Bananas, including plantains, fresh or dried , worth US$ 172,506.72 million.
- Panama exported Crude palm oil , worth US$ 48,222.39 million.
- Panama exported Keruing, Ramin, Kapur, Teak, Jongkong, Merbau, , worth US$ 46,862.93 million.
- Panama exported Waste and scrap, cast iron , worth US$ 45,211.03 million.
The top five imported HS 6 digit level products from world by Panama along with trade value are
- Panama imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,930,451.87 million.
- Panama imported Other medicaments of mixed or unmixed products, , worth US$ 608,022.45 million.
- Panama imported Automobiles with reciprocating piston engine di , worth US$ 267,548.65 million.
- Panama imported Maize (excl. seed) , worth US$ 196,057.68 million.
- Panama imported Transmission apparatus, for radioteleph incorpo , worth US$ 191,432.00 million.
Panama top 5 Export and Import partners 2021
The top five countries to which Panama exported 2021 along with the partner share in percentage are:
- Panama exports to China worth US$ 1,199 million, with a partner share of 31.71 percent.
- Panama exports to Japan worth US$ 497 million, with a partner share of 13.15 percent.
- Panama exports to Korea, Rep. worth US$ 387 million, with a partner share of 10.23 percent.
- Panama exports to Spain worth US$ 328 million, with a partner share of 8.68 percent.
- Panama exports to India worth US$ 192 million, with a partner share of 5.06 percent.
The top five countries to which Panama imported goods 2021 along with the share in percentage are
- Panama imports from United States worth US$ 3,395 million, with a partner share of 25.50 percent.
- Panama imports from Free Zones worth US$ 3,052 million, with a partner share of 22.93 percent.
- Panama imports from China worth US$ 1,578 million, with a partner share of 11.85 percent.
- Panama imports from Mexico worth US$ 650 million, with a partner share of 4.88 percent.
- Panama imports from Costa Rica worth US$ 537 million, with a partner share of 4.03 percent.
Panama Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Panama Raw materials exports are worth US$ 3,445 million, product share of 91.08%.
- Panama Raw materials imports are worth US$ 702 million, product share of 5.28%.
- Panama Intermediate goods exports are worth US$ 176 million, product share of 4.66%.
- Panama Intermediate goods imports are worth US$ 1,774 million, product share of 13.32%.
- Panama Consumer goods exports are worth US$ 147 million, product share of 3.89%.
- Panama Consumer goods imports are worth US$ 8,530 million, product share of 64.07%.
- Panama Capital goods exports are worth US$ 14 million, product share of 0.37%.
- Panama Capital goods imports are worth US$ 2,298 million, product share of 17.27%.
Panama Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.06.
- Index of export market penetration is 0.06.
- World Growth in percentage is 0.06 and Panama Country Growth is 19.61.
Panama Service Trade data from WDI 2021
- Panama, Service imports (BoP, current US$) is 4,143,348,455.99.
- Panama, Service exports (BoP, current US$) is 10,648,304,820.10.
- Panama, Imports of goods and services as percentage of GDP is not available.
- Panama, Exports of goods and services as percentage of GDP is not available.