Panama | Imports and Exports | World | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 0405. Butter and other fats and oils derived from milk; dairy spreads. | Panama | World | Exports | Value (US$) | 23,985.00 | 31,718.00 | 25,472.00 | 5,481.00 | 832.00 | 11,468.00 | 104,657.00 | 33,945.00 | 61,198.00 | |||
| Value Growth, YoY (%) | 136.30 | 32.24 | -19.69 | -78.48 | -84.82 | 1,278.36 | 812.60 | -67.56 | 80.28 | |||||||
| Imports | Value (US$) | 2,477.00 | 6,009.00 | 8,877,643.00 | 9,317,752.00 | 11,365,463.00 | 11,028,816.00 | 20,216,681.00 | 14,432,245.00 | 12,130,749.00 | 18,658,296.00 | 18,513,171.00 | 20,187,138.00 | |||
| Value Growth, YoY (%) | -99.97 | 142.59 | 147,639.10 | 4.95 | 21.97 | -2.96 | 83.30 | -28.61 | -15.94 | 53.80 | -0.77 | 9.04 |
Where does Panama export Butter and other fats and oils derived from milk; dairy spreads.?
Top export destinations of "Butter and other fats and oils derived from milk; dairy spreads." from Panama in 2023:
Exports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - from Panama in 2023 represented by the following main commodity groups:
The value of imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." to Panama totalled $ 20 million in 2023. Sales of commodity group 0405 to Panama went up by 9.04% compared to 2022: imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." went up by $ 1.67 million (the value of imports of commodity group 0405 to Panama was equal to $18.5 million in 2022)
Imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." accounted for 0.139% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 0405 in total imports to Panama increased by 0.017 p.p. compared to 2022 (it was 0.121% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).
Imports of commodity group 0405 reached 14% 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 0405 in total imports of commodity group to Panama increased by 2.89 p.p. compared to 2022 (it was 11.1% in 2022, and imports of commodity group to Panama accounted for $165 million).
Where does Panama import Butter and other fats and oils derived from milk; dairy spreads. from?
Top trading partners (import of "Butter and other fats and oils derived from milk; dairy spreads.") of Panama in 2023:
- New Zealand with a share of 57% (11.5 million US$)
- USA with a share of 27% (5.62 million US$)
- Denmark with a share of 9.53% (1.92 million US$)
- France with a share of 2.93% (592 thousand US$)
- Belgium with a share of 1.99% (401 thousand US$)
- Italy - 49 thousand US$
- Indonesia - 24 thousand US$
- Ireland - 21 thousand US$
- Free Zones - 7.82 thousand US$
- Netherlands - 7.53 thousand US$
Imports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - to Panama in 2023 represented by the following main commodity groups:
- 55% (11.1 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
- 40% (8.19 million US$): 040510 - Butter
- 3.94% (795 thousand US$): 040520 - Dairy spreads
