Panama | Imports and Exports | World | Milk and cream, concentrated or containing added sugar or other sweetening matter | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 0402. Milk and cream, concentrated or containing added sugar or other sweetening matter. | Panama | World | Exports | Value (US$) | 12,463.00 | 2,538,972.00 | 5,675,027.00 | 4,799,289.00 | 8,131,474.00 | 10,500,723.00 | 7,964,208.00 | 2,934,733.00 | 6,433,897.00 | 4,297,341.00 | 1,075,449.00 | 5,083,292.00 |
| Value Growth, YoY (%) | -99.71 | 20,272.07 | 123.51 | -15.43 | 69.43 | 29.13 | -24.15 | -63.15 | 119.23 | -33.20 | -74.97 | 372.66 | ||||
| Imports | Value (US$) | 43,881.00 | 2,864,829.00 | 21,315,031.00 | 18,852,262.00 | 20,092,602.00 | 33,645,071.00 | 21,694,575.00 | 23,628,468.00 | 32,027,002.00 | 34,874,362.00 | 41,046,760.00 | 24,581,959.00 | |||
| Value Growth, YoY (%) | -99.75 | 6,428.63 | 644.02 | -11.55 | 6.57 | 67.45 | -35.51 | 8.91 | 35.54 | 8.89 | 17.69 | -40.11 |
The value of exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." from Panama totalled $ 5.08 million in 2023. Sales of commodity group 0402 from Panama went up by 372% compared to 2022: exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." went up by $ 4 million (cumulative exports of commodity group 0402 from Panama amounted $1.07 million in 2022)
Exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." amounted to 0.15% of total exports from Panama (cumulative merchandise exports from Panama totalled $ 3.36 billion in 2023). The share of commodity group 0402 in total exports from Panama increased by 0.121 p.p. compared to 2022 (it was 0.029% in 2022 and cumulative exports from Panama were equal to $ 3.65 billion).
Exports of commodity group 0402 amounted to 32% of total sales of group "" from Panama in 2023 (the value of exports of commodity group from Panama amounted to $15.5 million in 2023). The share of exports of commodity group 0402 in sales of commodity group from Panama increased by 25 p.p. compared to 2022 (it was 7.21% in 2022, and exports of commodity group from Panama were $14.8 million).
Where does Panama export Milk and cream, concentrated or containing added sugar or other sweetening matter.?
Top export destinations of "Milk and cream, concentrated or containing added sugar or other sweetening matter." from Panama in 2023:
- Guyana with a share of 66% (3.36 million US$)
- Peru with a share of 13.2% (675 thousand US$)
- Saint Lucia with a share of 7.98% (406 thousand US$)
- Trinidad and Tobago with a share of 5.67% (288 thousand US$)
- Chile with a share of 3.16% (160 thousand US$)
- Bolivia with a share of 1.79% (91 thousand US$)
- Cuba with a share of 1.05% (53 thousand US$)
- Honduras - 44 thousand US$
Exports structure of 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter. - from Panama in 2023 represented by the following main commodity groups:
- 97% (4.96 million US$): 040221 - Milk in powder/granules/other solid form, unsweetened, fat content by wt. >1.5%
- 1.37% (69 thousand US$): 040210 - Milk in powder/granules/other solid form, fat content by wt. not >1.5%
- 0.881% (44 thousand US$): 040291 - Milk & cream, concentrated (excl. in powder), unsweetened
The value of imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." to Panama totalled $ 24 million in 2023. Sales of commodity group 0402 to Panama decreased by 40% in value terms compared to 2022. imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." decreased by $ 16.4 million (the value of imports of commodity group 0402 to Panama was equal to $41 million in 2022)
Imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." accounted for 0.169% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 0402 in total imports to Panama decreased by 0.1 p.p. compared to 2022 (it was 0.269% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).
Imports of commodity group 0402 reached 17.1% of total imports of group "" to Panama in 2023 (imports of commodity group to Panama totalled $143 million in 2023). The share of purchases of commodity group 0402 in imports of commodity group to Panama went down by 7.63 p.p. compared to 2022 (it was 24% in 2022, and imports of commodity group to Panama accounted for $165 million).
Where does Panama import Milk and cream, concentrated or containing added sugar or other sweetening matter. from?
Top trading partners (import of "Milk and cream, concentrated or containing added sugar or other sweetening matter.") of Panama in 2023:
- USA with a share of 49% (12.2 million US$)
- Netherlands with a share of 20% (4.97 million US$)
- New Zealand with a share of 19.4% (4.79 million US$)
- Uruguay with a share of 7.8% (1.91 million US$)
- Belgium with a share of 1.05% (260 thousand US$)
- Ireland - 222 thousand US$
- Mexico - 69 thousand US$
- Singapore - 55 thousand US$
- Chile - 287 US$
- Colombia - 168 US$
Imports structure of 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter. - to Panama in 2023 represented by the following main commodity groups:
- 50% (12.4 million US$): 040210 - Milk in powder/granules/other solid form, fat content by wt. not >1.5%
- 33% (8.28 million US$): 040229 - Milk in powder/granules/other solid form, sweetened, fat content by wt. >1.5%
- 14.5% (3.58 million US$): 040221 - Milk in powder/granules/other solid form, unsweetened, fat content by wt. >1.5%
- 0.594% (146 thousand US$): 040291 - Milk & cream, concentrated (excl. in powder), unsweetened
- 0.485% (119 thousand US$): 040299 - Milk & cream, concentrated (excl. in powder), sweetened
