Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Panama | Imports and Exports | World | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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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

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Panama | Imports and Exports | World | Butter,  dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023