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 | Delivery Trucks | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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Where does Panama export Motor vehicles for the transport of goods?

Top export destinations of "Motor vehicles for the transport of goods" from Panama in 2023:

Exports structure of 8704 - Motor vehicles for the transport of goods - from Panama in 2023 represented by the following main commodity groups:

The value of imports of commodity group 8704 "Motor vehicles for the transport of goods" to Panama totalled $ 72 million in 2023. Sales of commodity group 8704 to Panama decreased by 18.4% in value terms compared to 2022. imports of commodity group 8704 "Motor vehicles for the transport of goods" decreased by $ 16.3 million (the value of imports of commodity group 8704 to Panama was equal to $88 million in 2022)

Imports of commodity group 8704 "Motor vehicles for the transport of goods" accounted for 0.498% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 8704 in total imports to Panama decreased by 0.084 p.p. compared to 2022 (it was 0.582% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).

Imports of commodity group 8704 reached 6.14% of total imports of group "" to Panama in 2023 (imports of commodity group to Panama totalled $1.17 billion in 2023). The share of purchases of commodity group 8704 in imports of commodity group to Panama went down by 2.34 p.p. compared to 2022 (it was 8.48% in 2022, and imports of commodity group to Panama accounted for $1.04 billion).

Where does Panama import Motor vehicles for the transport of goods from?

Top trading partners (import of "Motor vehicles for the transport of goods") of Panama in 2023:

  • Japan with a share of 33% (24 million US$)
  • Argentina with a share of 12.6% (9.17 million US$)
  • China with a share of 10.4% (7.57 million US$)
  • Thailand with a share of 8.2% (5.93 million US$)
  • Mexico with a share of 7.6% (5.49 million US$)
  • USA with a share of 7.4% (5.35 million US$)
  • Brazil with a share of 5.52% (3.99 million US$)
  • Korea with a share of 5.21% (3.77 million US$)
  • United Kingdom with a share of 3.28% (2.37 million US$)
  • Indonesia with a share of 2.4% (1.73 million US$)

Imports structure of 8704 - Motor vehicles for the transport of goods - to Panama in 2023 represented by the following main commodity groups:

  • 36% (26 million US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
  • 32% (23 million US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
  • 12.5% (9.07 million US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
  • 8.57% (6.2 million US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
  • 6.57% (4.75 million US$): 870410 - Dumpers designed for off-highway use
  • 0.555% (401 thousand US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04
  • 0.029% (21 thousand US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes

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Panama | Imports and Exports | World | Delivery Trucks | Value (US$) and Value Growth, YoY (%) | 2012 - 2023