Exports in Panama decreased to 75538.62 PAB Thousand in August from 249271.32 PAB Thousand in July of 2025. This dataset provides - Panama Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Panama's total Exports in 2024 were valued at US$1.16 Billion, according to the United Nations COMTRADE database on international trade. Panama's main export partners were: the United States, the Netherlands and India. The top three export commodities were: Fish, crustaceans, molluscs, aquatics invertebrates; Edible fruits, nuts, peel of citrus fruit, melons and Animal, vegetable fats and oils, cleavage products. Total Imports were valued at US$13.99 Billion. In 2024, Panama had a trade deficit of US$12.83 Billion.

Key information about Panama Total Exports

• Panama Total Exports recorded 145.2 USD mn in Feb 2023, compared with 258.4 USD mn in the previous month
• Panama Total Exports data is updated monthly, available from Jan 2000 to Feb 2023, with an averaged value of 68.9 USD mn
• The data reached an all-time high of 419.3 USD mn in Jun 2021 and a record low of 40.5 USD mn in Dec 2018

CEIC converts monthly Total Exports into USD. The National Institute of Statistics and Census provides Total Exports, FOB, in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.


Further information about Panama Total Exports

• In the latest reports, Panama Total Exports dropped 13.8 % YoY in May 2023
• Total Imports recorded 1.4 USD bn in Mar 2023, which registered a decrease of 4.0 % year on year
• Panama Trade Balance recorded a deficit of 973.4 USD mn in Mar 2023

This statistic shows the most important export partner countries for Panama in 2023. In 2023, the most important export partner of Panama was China with a share of 25 percent in exports.

In 2023, by far the main exported product from Panama was copper, which accounted for a total export value of nearly 2.5 billion U.S. dollars. Bananas and plantains made up the second most exported product category, with an export value of over 148 million dollars. In terms of export destinations, China was among Panama's main export partners.

Key information about Panama Total Exports

• Panama Total Exports expanded 20.8 % YoY in Dec 2024, compared with an increase of 39.0 % YoY in the previous month
• Panama Total Exports Growth data is updated monthly, available from Jan 2001 to Dec 2024, with an averaged rate of 0.1 %
• The data reached an all-time high of 391.3 % in Sep 2019 and a record low of -82.8 % in Mar 2024

CEIC calculates Total Exports Growth from monthly Total Exports. The National Institute of Statistics and Census provides Total Exports, FOB, in local currency.


Further information about Panama Total Exports

• In the latest reports, Panama Total Exports recorded 145.2 USD mn in Feb 2023
• Total Imports recorded 1.1 USD bn in Dec 2024, which registered a decrease of 1.9 % year on year
• Panama Trade Balance recorded a deficit of 1.1 USD bn in Dec 2024

The annual change in exports of trade goods and services from Panama was estimated at approximately 6.26 percent in 2024. Between 1980 and 2024, the annual change rose by around 42.67 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The annual change is forecast to decline by about 3.37 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the change in the volume of exports of goods and services. Hereby the percent change refers to the aggregate change in the quantities of total exports. To this end, the nature of goods and services involved and their prices have been held constant.

Panama Exports: Volume: Banana data was reported at 288,036.213 kg th in 2017. This records an increase from the previous number of 249,624.661 kg th for 2016. Panama Exports: Volume: Banana data is updated yearly, averaging 375,690.500 kg th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 631,952.000 kg th in 1996 and a record low of 206,205.170 kg th in 2009. Panama Exports: Volume: Banana data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA006: Exports: By Major Product: Annual.

Panama Exports: Volume: Pineapple data was reported at 28,188.993 kg th in 2017. This records a decrease from the previous number of 30,855.871 kg th for 2016. Panama Exports: Volume: Pineapple data is updated yearly, averaging 42,490.509 kg th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 93,242.059 kg th in 2013 and a record low of 290.000 kg th in 2000. Panama Exports: Volume: Pineapple data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA006: Exports: By Major Product: Annual.

United States Exports to Panama was US$10.7 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Panama - data, historical chart and statistics - was last updated on September of 2025.

In 2023, Panama's most imported products were petroleum and other mineral oils, reaching an import value of nearly *** billion U.S. dollars. Passenger cars and other vehicles for the purpose of transporting people ranked second in terms of main imported product categories in Panama, with an import value of approximately *** million U.S. dollars.

Panama Exports: FOB data was reported at 77,808.049 PAB th in Feb 2025. This records an increase from the previous number of 76,869.823 PAB th for Jan 2025. Panama Exports: FOB data is updated monthly, averaging 69,965.267 PAB th from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 428,026.136 PAB th in Jul 2023 and a record low of 40,502.290 PAB th in Dec 2018. Panama Exports: FOB data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA002: Exports: by Major Product. PAB is pegged to the USD at 1 PAB/ USD rate

In 2023, the Panama Free Zone led the list of origin countries for merchandise imports in Panama, with a total value of more than four billion U.S. dollars. The United States followed, with a total import value of around 2.7 billion dollars. China came in third as the country of origin of over 1.76 billion dollars worth of goods. Some of Panama's most imported products include petroleum, passenger cars, and medicines.

Key information about Panama Total Imports

• Panama Total Imports recorded 1.1 USD bn in Dec 2024, compared with a value of 1.1 USD bn in the previous month
• Panama Total Imports data is updated monthly, available from Jan 2000 to Dec 2024, with an average number of 891.4 USD mn
• The data reached an all-time high of 1.5 USD bn in Aug 2022 and a record low of 201.8 USD mn in Feb 2002

CEIC converts monthly Total Imports into USD. The National Institute of Statistics and Census provides Total Imports, CIF, in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.


Further information about Panama Total Imports

• In the latest reports, Panama Total Imports dropped 1.9 % YoY in Dec 2024
• Total Exports grew 20.8 % YoY, to 145.2 USD mn in Feb 2023
• Panama Trade Balance recorded a deficit of 1.1 USD bn in Dec 2024

Panama Exports: FOB: Banana data was reported at 13,460.436 PAB th in Feb 2025. This records a decrease from the previous number of 13,694.536 PAB th for Jan 2025. Panama Exports: FOB: Banana data is updated monthly, averaging 8,855.500 PAB th from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 19,938.525 PAB th in Dec 2024 and a record low of 2,851.968 PAB th in Mar 2009. Panama Exports: FOB: Banana data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA002: Exports: by Major Product.

Panama Exports: Volume: Others data was reported at 529,137.358 kg th in 2017. This records a decrease from the previous number of 617,471.528 kg th for 2016. Panama Exports: Volume: Others data is updated yearly, averaging 444,440.579 kg th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 737,092.567 kg th in 2014 and a record low of 139,030.000 kg th in 1996. Panama Exports: Volume: Others data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA006: Exports: By Major Product: Annual.

Panama Exports: FOB: Melon data was reported at 2,023.013 PAB th in 2017. This records a decrease from the previous number of 3,643.981 PAB th for 2016. Panama Exports: FOB: Melon data is updated yearly, averaging 13,624.801 PAB th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 117,230.066 PAB th in 2008 and a record low of 2,023.013 PAB th in 2017. Panama Exports: FOB: Melon data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA006: Exports: By Major Product: Annual.

Panama Exports: Volume: Melon data was reported at 5,059.238 kg th in 2017. This records a decrease from the previous number of 7,100.402 kg th for 2016. Panama Exports: Volume: Melon data is updated yearly, averaging 23,478.173 kg th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 174,332.000 kg th in 2007 and a record low of 4,938.237 kg th in 2012. Panama Exports: Volume: Melon data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA006: Exports: By Major Product: Annual.

Panama Exports: FOB: SP: Others data was reported at 114.114 PAB th in Sep 2018. This records a decrease from the previous number of 196.445 PAB th for Aug 2018. Panama Exports: FOB: SP: Others data is updated monthly, averaging 127.886 PAB th from Jan 2015 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 1,083.273 PAB th in Jun 2016 and a record low of 8.000 PAB th in Sep 2017. Panama Exports: FOB: SP: Others data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA002: Exports: by Major Product.

Panama PA: Exports: % of Goods Exports: Ores & Metals data was reported at 0.779 % in 2016. This records an increase from the previous number of 0.115 % for 2015. Panama PA: Exports: % of Goods Exports: Ores & Metals data is updated yearly, averaging 1.196 % from Dec 1962 (Median) to 2016, with 55 observations. The data reached an all-time high of 11.455 % in 2010 and a record low of 0.041 % in 2012. Panama PA: Exports: % of Goods Exports: Ores & Metals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Exports. Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.