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 | Petroleum gases and other gaseous hydrocarbons | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" from Panama totalled $ 177 thousand in 2023. Sales of commodity group 2711 from Panama decreased by 69% in value terms compared to 2022. exports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" decreased by $ 402 thousand (cumulative exports of commodity group 2711 from Panama amounted $579 thousand in 2022)

Exports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" amounted to 0.005% of total exports from Panama (cumulative merchandise exports from Panama totalled $ 3.36 billion in 2023). The share of commodity group 2711 in total exports from Panama decreased by 0.01 p.p. compared to 2022 (it was 0.015% in 2022 and cumulative exports from Panama were equal to $ 3.65 billion).

Exports of commodity group 2711 amounted to 1.75% of total sales of group "" from Panama in 2023 (the value of exports of commodity group from Panama amounted to $10 million in 2023). The share of exports of commodity group 2711 in sales of commodity group from Panama lowered by 5.02 p.p. compared to 2022 (it was 6.77% in 2022, and exports of commodity group from Panama were $8.54 million).

Where does Panama export Petroleum gases and other gaseous hydrocarbons?

Top export destinations of "Petroleum gases and other gaseous hydrocarbons" from Panama in 2023:

  • Costa Rica with a share of 98% (174 thousand US$)
  • Colombia - 1.71 thousand US$
  • Israel - 890 US$

Exports structure of 2711 - Petroleum gases and other gaseous hydrocarbons - from Panama in 2023 represented by the following main commodity groups:

  • 100% (177 thousand US$): 271113 - Butanes, liquefied

The value of imports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" to Panama totalled $ 103 million in 2023. Sales of commodity group 2711 to Panama decreased by 62% in value terms compared to 2022. imports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" decreased by $ 175 million (the value of imports of commodity group 2711 to Panama was equal to $279 million in 2022)

Imports of commodity group 2711 "Petroleum gases and other gaseous hydrocarbons" accounted for 0.713% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 2711 in total imports to Panama decreased by 1.12 p.p. compared to 2022 (it was 1.83% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).

Imports of commodity group 2711 reached 3.54% of total imports of group "" to Panama in 2023 (imports of commodity group to Panama totalled $2.91 billion in 2023). The share of purchases of commodity group 2711 in imports of commodity group to Panama went down by 4.23 p.p. compared to 2022 (it was 7.78% in 2022, and imports of commodity group to Panama accounted for $3.58 billion).

Where does Panama import Petroleum gases and other gaseous hydrocarbons from?

Top trading partners (import of "Petroleum gases and other gaseous hydrocarbons") of Panama in 2023:

  • Free Zones with a share of 78% (80 million US$)
  • USA with a share of 21% (22 million US$)
  • China - 57 thousand US$
  • Italy - 53 thousand US$
  • United Arab Emirates - 15.1 thousand US$
  • Costa Rica - 12.2 thousand US$
  • Guatemala - 728 US$

Imports structure of 2711 - Petroleum gases and other gaseous hydrocarbons - to Panama in 2023 represented by the following main commodity groups:

  • 60% (62 million US$): 271113 - Butanes, liquefied
  • 39% (41 million US$): 271112 - Propane, liquefied
  • 0.086% (89 thousand US$): 271119 - Petroleum gases other than nat. gas/propane/butanes/ethylene, propylene, butylene & butadiene, liquefied
  • 0.006% (6.43 thousand US$): 271114 - Ethylene, propylene, butylene & butadiene, liquefied
  • 0.002% (2.38 thousand US$): 271129 - Petroleum gases & gaseous hydrocarbons, other than nat. gas, in gaseous state

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Panama | Imports and Exports | World | Petroleum gases and other gaseous hydrocarbons | Value (US$) and Value Growth, YoY (%) | 2012 - 2023