Overall Exports and Imports for Panama 2022
- The total value of exports (FOB) is US$ 3,652 million.
- The total value of imports (CIF) is US$ 15,224 million.
- At the HS6 digit level, 395 products are exported to 96 countries and 3,698 products are imported from 107 countries.
Top 5 Products exports imports at HS 6 digit level 2022
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 2,797,163.50 (US$ Thousands).
- Panama exported Bananas, including plantains, fresh or dried , worth 128,340.39 (US$ Thousands).
- Panama exported Frozen shrimps and prawns , worth 68,193.66 (US$ Thousands).
- Panama exported Crude palm oil , worth 49,298.80 (US$ Thousands).
- Panama exported Other medicaments of mixed or unmixed products, , worth 46,095.04 (US$ Thousands).
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 3,169,146.08 (US$ Thousands).
- Panama imported Other medicaments of mixed or unmixed products, , worth 585,623.44 (US$ Thousands).
- Panama imported Automobiles with reciprocating piston engine di , worth 253,313.32 (US$ Thousands).
- Panama imported Automobiles with reciprocating piston engine di , worth 204,363.15 (US$ Thousands).
- Panama imported Maize (excl. seed) , worth 198,572.81 (US$ Thousands).
Panama top 5 Export and Import partners 2022
The top five countries to which Panama exported 2022 along with the partner share in percentage are:
- Panama exports to China worth US$ 1,195 million, with a partner share of 32.71 percent.
- Panama exports to Japan worth US$ 548 million, with a partner share of 15.02 percent.
- Panama exports to Korea, Rep. worth US$ 270 million, with a partner share of 7.39 percent.
- Panama exports to India worth US$ 236 million, with a partner share of 6.46 percent.
- Panama exports to Germany worth US$ 233 million, with a partner share of 6.38 percent.
The top five countries to which Panama imported goods 2022 along with the share in percentage are
- Panama imports from Free Zones worth US$ 4,024 million, with a partner share of 26.43 percent.
- Panama imports from United States worth US$ 3,687 million, with a partner share of 24.22 percent.
- Panama imports from China worth US$ 1,645 million, with a partner share of 10.80 percent.
- Panama imports from Mexico worth US$ 653 million, with a partner share of 4.29 percent.
- Panama imports from Costa Rica worth US$ 497 million, with a partner share of 3.27 percent.
Panama Exports and Imports of Product Groups 2022
Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.
- Panama Raw materials exports are worth US$ 3,280 million, product share of 89.82%.
- Panama Raw materials imports are worth US$ 727 million, product share of 4.77%.
- Panama Intermediate goods exports are worth US$ 204 million, product share of 5.58%.
- Panama Intermediate goods imports are worth US$ 2,142 million, product share of 14.07%.
- Panama Consumer goods exports are worth US$ 163 million, product share of 4.47%.
- Panama Consumer goods imports are worth US$ 9,828 million, product share of 64.55%.
- Panama Capital goods exports are worth US$ 5 million, product share of 0.14%.
- Panama Capital goods imports are worth US$ 2,521 million, product share of 16.56%.
Panama Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.07.
- Index of export market penetration is 0.07.
- World Growth in percentage is 0.07 and Panama Country Growth is 0.88.
Panama Service Trade data from WDI 2022
- Panama, Service imports (BoP, current US$) is 5,542,814,011.18.
- Panama, Service exports (BoP, current US$) is 15,294,815,564.05.
- 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.