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

Exports in Panama decreased to 83001.88 PAB Thousand in May from 106643.17 PAB Thousand in April 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

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.

Panama Exports to United States was US$233.79 Million during 2024, according to the United Nations COMTRADE database on international trade. Panama Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

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

Panama: Exports of goods and services as percent of GDP: The latest value from 2023 is 46.47 percent, a decline from 48.12 percent in 2022. In comparison, the world average is 45.64 percent, based on data from 154 countries. Historically, the average for Panama from 1960 to 2023 is 58.64 percent. The minimum value, 36.27 percent, was reached in 2020 while the maximum of 88.92 percent was recorded in 1997.

Graph and download economic data for U.S. Exports of Goods by F.A.S. Basis to Panama (EXP2250) from Jan 1985 to May 2025 about Panama, exports, goods, and USA.

Panama export data: Discover how bananas, shrimp, sugar & clothing power a dynamic, service-oriented economy linked to the US, Costa Rica & Netherlands.

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.

Key information about Panama Exports: Medicinal and Pharmaceutical Product

• Panama Exports: Medicinal and Pharmaceutical Product was reported at 10,079.101 USD th in Dec 2023
• This records a decrease from the previous number of 20,652.555 USD th for Dec 2022
• Panama Exports: Medicinal and Pharmaceutical Product data is updated yearly, averaging 57,680.510 USD th from Dec 1995 to 2023, with 29 observations
• The data reached an all-time high of 2,051,774.668 USD th in 2011 and a record low of 2,269.467 USD th in 1995
• Panama Exports: Medicinal and Pharmaceutical Product data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Pharmaceutical and Biotechnology Sector – Table RT.UNCTAD.MPP: Medicinal and Pharmaceutical Product: Exports Value by Individual Economies and Territories

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 June of 2025.

Panama Exports: FOB: America: CC: Belize data was reported at 164.000 PAB th in 2016. This records an increase from the previous number of 72.000 PAB th for 2015. Panama Exports: FOB: America: CC: Belize data is updated yearly, averaging 182.000 PAB th from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 649.000 PAB th in 1999 and a record low of 34.000 PAB th in 2014. Panama Exports: FOB: America: CC: Belize 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.JA004: Exports: by Country.

Exports of goods and services (% of GDP) in Panama was reported at 46.47 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Panama - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Panama Exports: FOB: America: RA: Martinique data was reported at 0.000 PAB th in 2016. This stayed constant from the previous number of 0.000 PAB th for 2015. Panama Exports: FOB: America: RA: Martinique data is updated yearly, averaging 161.000 PAB th from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 605.000 PAB th in 2008 and a record low of 0.000 PAB th in 2016. Panama Exports: FOB: America: RA: Martinique 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.JA007: Exports: By Country.

Panama Exports: FOB: America: CC: Jamaica data was reported at 3,922.000 PAB th in 2016. This records an increase from the previous number of 3,446.000 PAB th for 2015. Panama Exports: FOB: America: CC: Jamaica data is updated yearly, averaging 3,757.500 PAB th from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 7,794.000 PAB th in 2004 and a record low of 2,437.000 PAB th in 2011. Panama Exports: FOB: America: CC: Jamaica 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.JA004: Exports: by Country.

Panama Exports: Volume: Watermelon data was reported at 19,961.111 kg th in 2017. This records a decrease from the previous number of 37,036.488 kg th for 2016. Panama Exports: Volume: Watermelon data is updated yearly, averaging 35,298.143 kg th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 189,331.751 kg th in 2008 and a record low of 3,852.000 kg th in 1998. Panama Exports: Volume: Watermelon 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: Coffee data was reported at 20,961.862 PAB th in 2017. This records an increase from the previous number of 3,558.033 PAB th for 2016. Panama Exports: FOB: Coffee data is updated yearly, averaging 12,760.500 PAB th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 23,930.000 PAB th in 1998 and a record low of 2,376.171 PAB th in 2015. Panama Exports: FOB: Coffee 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.JA003: Exports: by Major Product: Annual.