Key Indicators
Overview

Panama: Bridging Continents through the Panama Canal
Nestled in Central America, Panama serves as a crucial link connecting the Atlantic and Pacific Oceans through the iconic Panama Canal. In 2024, it ranked 45 globally in GDP, showcasing a robust economy driven by its unique geographical position.
Positives:
1. Panama Canal: The world-renowned Panama Canal serves as a vital maritime shortcut, connecting the Atlantic and Pacific Oceans and facilitating efficient global trade routes.
2. International Business Hub: Panama's strategic location attracts international businesses, fostering a thriving services sector, including finance and logistics.
3. Free Trade Agreements: Participation in various free trade agreements enhances Panama's access to global markets, promoting trade diversification.
Negatives:
1. Vulnerability to Natural Disasters: Panama's susceptibility to natural disasters, including hurricanes, may disrupt trade operations.
2. Income Inequality: Disparities in wealth distribution pose social challenges, impacting long-term stability.
3. Infrastructure Development: Despite progress, ongoing infrastructure needs, especially in rural areas, may affect overall trade efficiency.
Panama import export data, including buyer and supplier names, is available on the Volza Platform.
Exports:
In September 2023, Panama ranked 58th in global exports. Exports totaled 3 billion, which is a 9% increase from September 2022.
On a TTM basis from September 2022 to September 2023, Panama's rank was 58, with exports of 3 billion, indicating a 9% growth from the previous year.
In 2023, exports reached 3 billion, showing a -19% YOY growth from 2022. China, Japan, Rep. of Korea, Spain, India, Germany, USA, Netherlands, Bulgaria, Free Zones were the main export destinations. Products exported were Mineral Ores and Ash, Pharmaceutical products, Aquatic Invertebrates and Products.
Buyers included PANAMA FASTENERS INC, GOODYEAR DE CHILE S A I C, and EVERGREEN MARINE LATIN AMERICA.
Imports:
In September 2023, Panama ranked 53th in global imports, with imports valued at 11 billion, representing a -4% growth from 2022.
From September 2022 to September 2023, the country's imports amounted to 11 billion, showing a -4% growth from the preceding year.
In 2023, imports totaled 11 billion, marking a -27% YOY growth from 2022. Sources of these imports were Free Zones, USA, China, Mexico, Costa Rica, Colombia, Spain, Brazil, Rep. of Korea, Japan. Imported products were Mineral fuels and oils, Machinery and equipment, Vehicles and Parts. Suppliers were MOTORES JAPONESES S A, AMERICAN SPORTWEAR S A, and AMERICAN FASHION.
Import Factsheet
- Data Source
- Detailed
- Data Coverage
- 100%
- Last Shipment
- 30, Jun, 2024
- Update Frequency
- Monthly
- not visible
Export Factsheet
- Data Source
- Detailed
- Data Coverage
- 100%
- Last Shipment
- 30, Jun, 2024
- Update Frequency
- Monthly
- no visible
Import Export Data













Trading Partners
Top Trading Partners of Panama
Import Trade Data
Product | Importers | Suppliers | Arrival Date |
---|---|---|---|
SPARE PARTS / ACCESSORIES / COMPONENT FOR MARUTI / SUZUKI VEHICLES | ![]() India | ![]() India | 30-Apr-2024 |
BROCHURE FREE PROMOTIONAL MATERIAL FOR | ![]() India | ![]() India | 30-Apr-2024 |
100% COTTON MENS WOVEN SHIRTS | ![]() India | ![]() India | 30-Apr-2024 |
Hyundai Cars NEWGRANDI10 4DR 1.2 GL AT P | ![]() India | ![]() India | 30-Apr-2024 |
.750 GOLD JEWELLERY STUDDED AS PER INVOI | ![]() India | ![]() India | 30-Apr-2024 |
100% COTTON WOVEN LADIES TOP. | ![]() India | ![]() India | 30-Apr-2024 |
Export Trade Data
Product | Exporters | Buyers | Arrival Date |
---|---|---|---|
TEAK WOOD ROUND LOGS | ![]() India | 30-Apr-2024 | |
TEAK ROUND LOGS 263 PIECES | ![]() India | ![]() India | 30-Apr-2024 |
TEAK WOOD ROUND LOGS | ![]() India | ![]() India | 30-Apr-2024 |
TEAK ROUND LOGS AVG:3.0 CFT QTY:624 PCS | ![]() India | ![]() India | 30-Apr-2024 |
TEAK ROUND LOGS AVG:2.5 CFT QTY:1219 PCS | ![]() India | ![]() India | 30-Apr-2024 |
TEAK ROUND LOGS | ![]() India | 30-Apr-2024 |
- Africa-EastDjibouti Import Data33k | Updated 31-December-22
- Ethiopia Export Data1.15M | Updated 31-July-24
- Kenya Import Data7.36M | Updated 31-July-24
- Sao Tome and Principe Export Data1479 | Updated 31-July-24
- Tanzania Export Data0.4M | Updated 31-July-24
- Uganda Export Data1.47M | Updated 31-May-24
- Zimbabwe Export Data0.1M | Updated 31-July-23
- Africa-NorthAlgeria Import Data34k | Updated 31-December-22
- Egypt Export Data28k | Updated 31-December-22
- Burundi Export Data36k | Updated 30-June-24
- Centralamerica Import Data1.00M | Updated 31-July-24
- Malawi Export Data34k | Updated 31-July-24
- Rwanda Import Data0.6M | Updated 30-June-24
- South Sudan Import Data0.5M | Updated 30-June-24
- Africa-WestGhana Export Data6004 | Updated 26-December-22
- Nigeria Export Data92k | Updated 01-July-24
- America-CentralCosta Rica Export Data5.32M | Updated 30-June-24
- Guatemala Export Data0.8M | Updated 01-August-19
- Panama Export Data0.2M | Updated 30-June-24
- Asia-CentralKazakhstan Export Data1.32M | Updated 30-June-24
- Uzbekistan Export Data1.57M | Updated 30-June-24
- Asia-EastChina Export Data0 | Updated 01-January-01
- Japan Export Data0.4M | Updated 31-December-22
- Taiwan Export Data0.2M | Updated 31-December-22
- Asia-SouthBangladesh Export Data0.1M | Updated 30-November-20
- Bangladesh Export Data9.12M | Updated 30-June-24
- India Export Data0 | Updated 20-October-20
- Pakistan Export Data64k | Updated 30-November-20
- Pakistan Export Data6.28M | Updated 30-June-24
- Sri Lanka Export Data0 | Updated 01-January-01
- Asia-SoutheastIndonesia Export Data0 | Updated 01-January-01
- Indonesia Export Data0 | Updated 01-January-01
- Malaysia Export Data0.3M | Updated 31-December-22
- Philippines Export Data0 | Updated 01-January-01
- Singapore Export Data0.2M | Updated 31-December-22
- Thailand Export Data0.2M | Updated 31-December-22
- Vietnam Export Data0 | Updated 01-January-01
- Vietnam Export Data202603971 | Updated 30-June-24
- Asia-WestTurkey Export Data73k | Updated 31-December-22
- Australia/OceaniaAustralia Export Data0.1M | Updated 31-December-22
- Fiji Export Data54k | Updated 31-October-21
- Europe-EastBulgaria Export Data2.79M | Updated 01-March-24
- Czech Republic Export Data7.12M | Updated 01-March-24
- Hungary Export Data5.54M | Updated 01-March-24
- Moldova Export Data1.23M | Updated 31-May-23
- Namibia Export Data0.5M | Updated 30-June-24
- Poland Export Data7.62M | Updated 01-March-24
- Romania Export Data4.44M | Updated 01-March-24
- Russia Export Data12981864 | Updated 31-March-24
- Slovakia Export Data3.84M | Updated 01-March-24
- Slovenia Export Data4.57M | Updated 01-March-24
- Ukraine Export Data8.45M | Updated 31-March-24
- Europe-NorthDenmark Export Data9990 | Updated 29-December-22
- Estonia Export Data2.19M | Updated 01-March-24
- Finland Export Data19k | Updated 31-December-22
- Ireland Export Data2.51M | Updated 01-March-24
- Latvia Export Data2.32M | Updated 01-March-24
- Lithuania Export Data4.00M | Updated 01-March-24
- Norway Export Data27k | Updated 31-December-22
- Sweden Export Data7.25M | Updated 01-March-24
- United Kingdom Export Data59k | Updated 31-December-22
- Europe-SouthCroatia Export Data2.68M | Updated 01-March-24
- Cyprus Export Data0.2M | Updated 01-March-24
- Greece Export Data16k | Updated 31-December-22
- Italy Export Data0.2M | Updated 31-December-22
- Malta Export Data0.2M | Updated 01-March-24
- Portugal Export Data4.85M | Updated 01-March-24
- Spain Export Data0.3M | Updated 31-December-22
- Europe-WestAustria Export Data6.78M | Updated 01-March-24
- Belgium Export Data0.1M | Updated 31-December-22
- France Export Data72k | Updated 31-December-22
- Germany Export Data0.3M | Updated 31-December-22
- Luxembourg Export Data2.05M | Updated 01-March-24
- Netherlands Export Data0.2M | Updated 31-December-22
- Middle-EastBahrain Import Data0 | Updated 01-January-01
- Iran Import Data0.1M | Updated 31-December-22
- Iraq Import Data0.1M | Updated 31-December-22
- Kuwait Import Data0.1M | Updated 31-December-22
- Oman Import Data48k | Updated 31-December-22
- Qatar Import Data63k | Updated 31-December-22
- Saudi Arabia Export Data0.1M | Updated 31-December-22
- United Arab Emirates Export Data92k | Updated 31-December-22
- North AmericaCanada Export Data0.1M | Updated 31-December-22
- Mexico Export Data82345831 | Updated 31-May-24
- United States Export Data70460242 | Updated 30-June-24
- South AmericaArgentina Export Data25470417 | Updated 30-June-24
- Bolivia Import Data10911390 | Updated 30-June-24
- Brazil Export Data0 | Updated 01-January-01
- Chile Export Data10513849 | Updated 31-May-24
- Colombia Export Data10686604 | Updated 31-May-24
- Ecuador Export Data11535992 | Updated 30-June-24
- Paraguay Export Data1.87M | Updated 30-June-24
- Peru Export Data0 | Updated 31-December-18
- Uruguay Export Data1.21M | Updated 31-July-24
- Venezuela Export Data85k | Updated 31-May-24