Panama | Imports and Exports | World | Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 2208. Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages | Panama | World | Exports | Value (US$) | 287,412,674.00 | 389,916,521.00 | 454,071,072.00 | 348,961,595.00 | 292,620,886.00 | 317,353,371.00 | 307,532,059.00 | 309,855,147.00 | 236,527,424.00 | 22,480,491.00 | 25,532,214.00 | 25,167,281.00 |
| Value Growth, YoY (%) | 13.82 | 35.66 | 16.45 | -23.14 | -16.14 | 8.45 | -3.09 | 0.75 | -23.66 | -90.49 | 13.57 | -1.42 | ||||
| Imports | Value (US$) | 266,550,658.00 | 294,917,467.00 | 308,359,226.00 | 279,638,983.00 | 283,943,127.00 | 252,235,595.00 | 253,111,700.00 | 266,053,275.00 | 185,266,008.00 | 36,746,757.00 | 41,196,591.00 | 36,781,898.00 | |||
| Value Growth, YoY (%) | 2.16 | 10.64 | 4.55 | -9.31 | 1.53 | -11.16 | 0.34 | 5.11 | -30.36 | -80.16 | 12.10 | -10.71 |
The value of exports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" from Panama totalled $ 25 million in 2023. Sales of commodity group 2208 from Panama decreased by 1.42% in value terms compared to 2022. exports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" decreased by $ 364 thousand (cumulative exports of commodity group 2208 from Panama amounted $25 million in 2022)
Exports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" amounted to 0.747% of total exports from Panama (cumulative merchandise exports from Panama totalled $ 3.36 billion in 2023). The share of commodity group 2208 in total exports from Panama increased by 0.048 p.p. compared to 2022 (it was 0.699% in 2022 and cumulative exports from Panama were equal to $ 3.65 billion).
Exports of commodity group 2208 amounted to 89% of total sales of group "" from Panama in 2023 (the value of exports of commodity group from Panama amounted to $28 million in 2023). The share of exports of commodity group 2208 in sales of commodity group from Panama lowered by 1 p.p. compared to 2022 (it was 90% in 2022, and exports of commodity group from Panama were $28 million).
Where does Panama export Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages?
Top export destinations of "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" from Panama in 2023:
- Free Zones with a share of 30% (7.65 million US$)
- USA with a share of 8.84% (2.22 million US$)
- Netherlands with a share of 8.61% (2.16 million US$)
- Denmark with a share of 7.24% (1.82 million US$)
- Italy with a share of 5.52% (1.39 million US$)
- Czech Republic with a share of 5.33% (1.34 million US$)
- Bolivia with a share of 4.92% (1.24 million US$)
- Spain with a share of 4.38% (1.1 million US$)
- Chile with a share of 2.89% (729 thousand US$)
- Ecuador with a share of 2.83% (714 thousand US$)
Exports structure of 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages - from Panama in 2023 represented by the following main commodity groups:
- 94% (23 million US$): 220840 - Rum & tafia & other spirits obtained by distilling fermented sugar-cane products
- 5.01% (1.26 million US$): 220850 - Gin & Geneva
- 0.224% (56 thousand US$): 220860 - Vodka
- 0.069% (17.4 thousand US$): 220890 - Spirits, liqueurs and other spirituous beverages; n.e.c. in heading no. 2208
The value of imports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" to Panama totalled $ 36 million in 2023. Sales of commodity group 2208 to Panama decreased by 10.7% in value terms compared to 2022. imports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" decreased by $ 4.41 million (the value of imports of commodity group 2208 to Panama was equal to $41 million in 2022)
Imports of commodity group 2208 "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages" accounted for 0.253% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 2208 in total imports to Panama decreased by 0.017 p.p. compared to 2022 (it was 0.27% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).
Imports of commodity group 2208 reached 14.9% of total imports of group "" to Panama in 2023 (imports of commodity group to Panama totalled $246 million in 2023). The share of purchases of commodity group 2208 in total imports of commodity group to Panama increased by 0.678 p.p. compared to 2022 (it was 14.2% in 2022, and imports of commodity group to Panama accounted for $289 million).
Where does Panama import Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages from?
Top trading partners (import of "Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages") of Panama in 2023:
- United Kingdom with a share of 31% (11.5 million US$)
- Mexico with a share of 18% (6.65 million US$)
- Costa Rica with a share of 13.6% (5.02 million US$)
- Free Zones with a share of 11.9% (4.41 million US$)
- USA with a share of 9.5% (3.49 million US$)
- France with a share of 2.25% (829 thousand US$)
- Ireland with a share of 1.99% (735 thousand US$)
- Italy with a share of 1.53% (564 thousand US$)
- Spain with a share of 1.42% (524 thousand US$)
- Areas, nes with a share of 1.39% (512 thousand US$)
Imports structure of 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages - to Panama in 2023 represented by the following main commodity groups:
- 36% (13.6 million US$): 220890 - Spirits, liqueurs and other spirituous beverages; n.e.c. in heading no. 2208
- 28% (10.4 million US$): 220830 - Whiskies
- 15.3% (5.66 million US$): 220840 - Rum & tafia & other spirits obtained by distilling fermented sugar-cane products
- 8.03% (2.95 million US$): 220860 - Vodka
- 5.92% (2.17 million US$): 220850 - Gin & Geneva
- 4.19% (1.54 million US$): 220870 - Liqueurs & cordials
- 1.12% (413 thousand US$): 220820 - Spirits obt. by distilling grape wine/grape marc
