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

Exports structure from Panama in 2023 represented by the following main commodity groups:

• 73% (2.46 billion US$): 26 - Ores, slag and ash
• 5.1% (172 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
• 3.84% (129 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
• 2.77% (93 million US$): 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
• 1.66% (55 million US$): 72 - Iron and steel
• 1.61% (54 million US$): 30 - Pharmaceutical products
• 1.09% (36 million US$): 44 - Wood and articles of wood; wood charcoal
• 1% (33 million US$): 23 - Residues and waste from the food industries; prepared animal feed
• 0.879% (29 million US$): 09 - Coffee, tea, matT and spices
• 0.841% (28 million US$): 74 - Copper and articles thereof

What did Panama export in 2023?

Panama's Top Exports in 2023:

• 73% ($2.46 billion): 2603 - Copper ores and concentrates
• 4.42% ($148 million): 0803 - Bananas, including plantains, fresh or dried
• 1.84% ($61 million): 0306 - Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine
• 1.62% ($54 million): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.
• 1.58% ($53 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
• 1.55% ($52 million): 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified
• 1.28% ($43 million): 0302 - Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304
• 0.989% ($33 million): 1504 - Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
• 0.984% ($33 million): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
• 0.918% ($30 million): 4403 - Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared

Imports structure to Panama in 2023 represented by the following main commodity groups:

• 20% (2.91 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
• 9.85% (1.43 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
• 8.1% (1.17 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
• 7.07% (1.02 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
• 5.17% (752 million US$): 30 - Pharmaceutical products
• 3.34% (486 million US$): 73 - Articles of iron or steel
• 3.17% (461 million US$): 39 - Plastics and articles thereof
• 2.27% (330 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
• 2.24% (325 million US$): 72 - Iron and steel
• 2.13% (310 million US$): 10 - Cereals

What did Panama import in 2023?

Panama's Top Imports in 2023:

• 18.5% ($2.69 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
• 6.14% ($892 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
• 4.41% ($640 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
• 1.66% ($241 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
• 1.26% ($183 million): 2106 - Food preparations not elsewhere specified or included
• 1.12% ($162 million): 2309 - Preparations of a kind used in animal feeding.
• 1.1% ($160 million): 1005 - Maize (corn)
• 1.02% ($149 million): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
• 0.953% ($138 million): 3923 - Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics
• 0.888% ($128 million): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel