Overall Exports and Imports for Panama 2020
- The total value of exports (FOB) is US$ 8,659 million.
- The total value of imports (CIF) is US$ 14,717 million.
- At the HS6 digit level, 2,871 products are exported to 111 countries and 3,796 products are imported from 112 countries.
Top 5 Products exports imports at HS 6 digit level 2020
The top five exported HS 6 digit level products to world by Panama along with trade value are:
- Panama exported Other medicaments of mixed or unmixed products, , worth US$ 1,297,800.96 million.
- Panama exported Transmission apparatus, for radioteleph incorpo , worth US$ 434,065.91 million.
- Panama exported Storage units, whether or not presented with th , worth US$ 351,274.56 million.
- Panama exported Copper ores and concentrates , worth US$ 252,068.09 million.
- Panama exported Perfumes and toilet waters , worth US$ 230,648.16 million.
The top five imported HS 6 digit level products from world by Panama along with trade value are
- Panama imported Other medicaments of mixed or unmixed products, , worth US$ 1,433,767.67 million.
- Panama imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 779,775.78 million.
- Panama imported Transmission apparatus, for radioteleph incorpo , worth US$ 499,529.51 million.
- Panama imported Storage units, whether or not presented with th , worth US$ 356,472.04 million.
- Panama imported Television receivers including video monitors a , worth US$ 188,064.15 million.
Panama top 5 Export and Import partners 2020
The top five countries to which Panama exported 2020 along with the partner share in percentage are:
- Panama exports to United States worth US$ 905 million, with a partner share of 10.45 percent.
- Panama exports to Costa Rica worth US$ 728 million, with a partner share of 8.41 percent.
- Panama exports to Unspecified worth US$ 692 million, with a partner share of 8.00 percent.
- Panama exports to Colombia worth US$ 569 million, with a partner share of 6.57 percent.
- Panama exports to Guatemala worth US$ 488 million, with a partner share of 5.63 percent.
The top five countries to which Panama imported goods 2020 along with the share in percentage are
- Panama imports from China worth US$ 3,395 million, with a partner share of 23.07 percent.
- Panama imports from United States worth US$ 2,707 million, with a partner share of 18.39 percent.
- Panama imports from Free Zones worth US$ 1,604 million, with a partner share of 10.90 percent.
- Panama imports from Mexico worth US$ 753 million, with a partner share of 5.12 percent.
- Panama imports from Singapore worth US$ 393 million, with a partner share of 2.67 percent.
Panama Exports and Imports of Product Groups 2020
Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.
- Panama Raw materials exports are worth US$ 659 million, product share of 7.61%.
- Panama Raw materials imports are worth US$ 505 million, product share of 3.43%.
- Panama Intermediate goods exports are worth US$ 700 million, product share of 8.09%.
- Panama Intermediate goods imports are worth US$ 1,806 million, product share of 12.27%.
- Panama Consumer goods exports are worth US$ 5,168 million, product share of 59.69%.
- Panama Consumer goods imports are worth US$ 9,159 million, product share of 62.24%.
- Panama Capital goods exports are worth US$ 2,131 million, product share of 24.61%.
- Panama Capital goods imports are worth US$ 3,240 million, product share of 22.02%.
Panama Trade Indicators 2020
- 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 -3.82.
Panama Service Trade data from WDI 2020
- Panama, Service imports (BoP, current US$) is 3,069,659,779.93.
- Panama, Service exports (BoP, current US$) is 8,555,358,743.80.
- 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.