Panama Export Trade Data

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Key Indicators
- Export Shipments
- 4,505,690
- Suppliers
- 144,967
- Export Trading Partners
- 166
- Import Shipments
- 9,649,013
- Buyers
- 116,106
- Import Trading Partners
- 236
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 2025, it ranked 45 globally in GDP, showcasing a robust economy driven by its unique geographical position.
Introduction:
Panama, strategically positioned at the crossroads of the Americas, is renowned for its robust export sectors including seafood, fruits, and machinery. These industries are vital for fulfilling global market demands and underpin Panama's economic expansion, offering attractive opportunities for global importers seeking reliable and diverse product sources.
Economic Overview:
The Panamanian economy is largely service-based, anchored by the logistics and banking sectors, with the Panama Canal playing a crucial role in global trade. While Panama does not rank among the largest global economies, its strategic position enhances its export capabilities. Ongoing efforts are focused on diversifying economic activities, especially in manufacturing and technology.
Political and Regulatory Environment:
Panama enjoys a stable political environment that supports its export-oriented economic policies. Recent enhancements in trade agreements and regulatory reforms are designed to foster a more conducive environment for international trade, further bolstering export activities.
Opportunities and Challenges for Importers:
Panama offers key opportunities in sectors like seafood and agricultural exports, where it has developed competitive advantages. Importers must navigate challenges such as logistical dependencies on the canal and occasional bureaucratic hurdles that could impact trade efficiency.
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 2024, Panama ranked 58th in global exports. Exports totaled 2.93 billion, which is a 9% increase from September 2023.On a TTM basis from September 2023 to September 2024, Panama's rank was 58, with exports of 3 billion, indicating a 9% growth from the previous year.
In 2024, exports reached 3 billion, showing a -19% YOY growth from 2023. 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, MADERAS ARAUCO S.A., and GOODYEAR DE CHILE S A I C. Exporters from Panama were China: 40.3%, Japan: 13.6%, and Rep. of Korea: 7.1%.
Top 10 Export Products:
- Fish (HS Code: 0304) - Including fresh and frozen varieties.
- Bananas (HS Code: 0803) - Leading in tropical fruit exports.
- Pineapples (HS Code: 0804) - Known for their quality and sweetness.
- Coffee (HS Code: 0901) - Specialty and high-grade beans.
- Sugar (HS Code: 1701) - Refined and raw sugar exports.
- Shrimp (HS Code: 0306) - A significant part of the seafood sector.
- Gold (HS Code: 7108) - Refined gold and gold compounds.
- Iron and Steel Waste (HS Code: 7204) - Materials for recycling.
- Medicinal Products (HS Code: 3004) - Including various pharmaceuticals.
- Electrical Machinery (HS Code: 8501) - Components and equipment.
Top Exporters from Panama:
Top Importers importing from Panama:
Solution for Global Importers:
We encourage global importers to utilize Volza’s online export data for Panama to effectively navigate and explore Panama’s export market. Volza offers tools and insights that help importers quickly identify and seize available opportunities, optimizing trade processes and enhancing decision-making. Start exploring today with Volza to unlock a world of promising trade opportunities.
Export Database - Factsheet
-
Data Source
-
Statistical data
-
Data Available From
- 02, Jan, 2016
-
Data Coverage
-
40%
-
Last Shipment
- 30, Jun, 2024
-
Update Frequency
- Monthly
-
-
- 166
-
- -99.64%
Search Import Export Data
Panama Export Data
4,505,690
Product | Exporters | Buyers | Arrival Date |
---|---|---|---|
7200 BOXES FOR 2.5 KG IN 900 MASTER BOXES FRE , SH MANGOES ORGANIC VARIETY KENT P.A. 08.04.50 , .20.00 NET WEIGHT: 18 , 000.00 KG THERMOGRAPHS: , VC6LG16E - NF3YN01040 TEMPERATURA: 9 C FREIG , HT COLLECT |
USA
|
USA
|
04-Dec-2024 |
5544 BOXES FRESH MANGOES ORGANIC VARIEDAD KEN , T P.A. 08.04.50.20.00 NET WEIGHT: 22 , 176.00 K , G THERMOGRAPHS: VC6LG070 - NF3YN01090 TEMPERA , TURA: 9 C FREIGHT COLLECT |
USA
|
USA
|
04-Dec-2024 |
375METRICTONSOFORGANICEXT , RALIGHTSUGAR , MAXIMUMICUMSA , 550 , PACKINBIGBAGSOF10 , 00KGNETWEIGHTFROMTHECURR , ENTCROPWITHAMINIMUMPOLARI , ZATIONOF99.5DEGREESATTIME , OFSHIPMENT.CU832682MA |
USA
|
USA
|
04-Dec-2024 |
1.800CAJASDE12LATASDE820GR , 1 , 800BOXESOFCANNEDPEACHESIN , HEAVYSYRUP (12CANS-820GRAMS) BRA , CABALLOSFDA18009343616REF. , C34-2024PO16906 |
USA
|
USA
|
04-Dec-2024 |
SARDINES IN TOMATO , SLWC. (865 CS) SARDINES , IN TOMATO SAUCE , , PRESENTATION OF 24 UNITS , PER CASE , OVAL CAN WITH , 15 OZ OF NET WEIGHT. , BRAND "KAM LONG". |
USA
|
USA
|
04-Dec-2024 |
PARTS |
USA
|
USA
|
04-Dec-2024 |
Top 10 Exporters
Panama Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in Panama. To assist you in identifying the leading exporters in Panama, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in Panama are companies like PANAMA FASTENERS INC , MADERAS ARAUCO S.A. , and GOODYEAR DE CHILE S A I C . These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
Rank | Exporters | Shipments |
---|---|---|
1 | PANAMA FASTENERS INC | 29,449 |
2 | Maderas Arauco S.A. | 24,531 |
3 | GOODYEAR DE CHILE S A I C | 20,708 |
4 | EVERGREEN MARINE LATIN AMERICA | 17,484 |
5 | MASISA S A | 15,964 |
6 | CMPC MADERAS S A | 15,230 |
7 | Cosco Panama Martime S.A. | 13,636 |
8 | TAG TRADE INTERNATIONAL SA | 13,504 |
9 | Interglobo Do Brasil - Logistica, Internacional Ltda. | 11,993 |
10 | ENVA UNIVER BALL DE PANAMA SA | 11,015 |
Top 0 Export Products
Panama Top 0 Export Products
As the Panama export data reveals, the nation's top export products for 2024 were prominently characterized by:
These top 0 export items represented a significant 61.4% of Panama's total export value for 2024. When analyzing Panama's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. These top 0 export items represented a significant 61.4% of Panama's total export value for 2024. When analyzing Panama's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Panama’s top 0 export commodities for 2024.Trading Partners
Top Trading Partners of Panama
Top 8 Export Trading Partners
Panama Top 8 Export Trading Partners
Panama trade data from 2024 highlights the nation's top
8
export partners as follows:
UNITED STATES (USD 2,289,304)
, COSTA RICA (USD 638,668)
and the ECUADOR (USD 274,213).
The growth rates for the leading three
exporters were as follows:
United States
at 50.81%
, Costa Rica
at 14.17%
and Ecuador
6.09%.
Trade balance analysis reveals that Panama had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year.
Panama export statistics show that the country's top
8
export partners in 2024 collectively contributed 87.2% to the overall value of
export shipments. Furthermore,
Panama’s major exports from
United States include
products.
The provided chart below breaks down the values in percentile of
Panama’s top 8
export partners for 2024.
Rank | Export Trading Partners | Shipments |
---|---|---|
1 | United States | 2,289,304 |
2 | Costa Rica | 638,668 |
3 | Ecuador | 274,213 |
4 | NA | 229,753 |
5 | Peru | 46,609 |
6 | Brazil | 44,929 |
7 | Chile | 37,029 |
8 | Colombia | 24,686 |
Export Data Sample Record
Panama Export Data Sample Record
Panama export data covers all important shipping details that are essential for businesses to find
exporters in Panama, analyze market trends, and identify potential industries.
Panama trade data contains customs-based details including Date,
Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country.
View Panama export data sample with complete number of fields available in data.
Date: |
4 Dec 2024
|
HS Code: |
0000
|
Quantity: |
20
|
Quantity Unit: |
PKG
|
Value FC: | |
Value: |
20
|
HS Description: | |
Exporter: |
GRUPO TAVARI SA
|
Importer: |
S.No | Data Fields |
---|---|
1 |
Date
|
2 |
HSN Code
|
3 |
Quantity
|
4 |
Quantity Unit
|
5 |
Value FC
|
6 |
Value
|
7 |
HSN Description
|
8 |
Exporter
|
9 |
Importer
|
Top 7 Export Ports
Panama Top 7 Export Ports
Panama's global export trade operates through over 7 ports. OP Panama stands as the predominant port, handling 1,601,075 export shipments, which constitutes a 36% market share. Cristobal follows with an 9% share, accounting for 401,073 shipments, while Balboa contributes a 67.37% market share with its 107,784 shipments. For detailed export trade statistics of each port in Panama, refer to the provided links below. Collectively, these ports underscore the integrated nature of Panama's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across Panama.
Rank | Export Ports | Shipments |
---|---|---|
1 |
OP Panama |
1,601,075 |
2 |
Cristobal |
401,073 |
3 |
Balboa |
107,784 |
4 |
OP Panama |
83,799 |
5 |
Manzanillo |
82,369 |
6 |
Panama City |
50,383 |
7 |
Balboa |
50,061 |
Export Bill of Lading
- Export Shipments of Panama
- 4,505,690
- Date
- 04-12-2024
- Product Description
- 7200 BOXES FOR 2.5 KG IN 900 MASTER BOXES FRE , SH MANGOES ORGANIC VARIETY KENT P.A. 08.04.50 , .20.00 NET WEIGHT: 18 , 000.00 KG THERMOGRAPHS: , VC6LG16E - NF3YN01040 TEMPERATURA: 9 C FREIG , HT COLLECT
- Shipper Name
- GRUPO TAVARI SA
- Consignee Address
- CALIFORNIA
- Notify Party Name
- TERRAFRESH ORGANICS LLC
- Weight Unit
- PKG
- Quantity
- 20
- Shipment Origin
- USA
- Port of origin
- Philadelphia
Datasets
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Frequently Asked Questions
What information is included in Panama Export Data?
Panama Export Data includes details about Exported products, such as their descriptions, HS codes (Harmonized System codes), origins, quantities, values, exporters' details, shipment details, and customs duties paid.
How often is the Panama Export Trade Data updated on Volza.com?
The frequency of updates for Panama Export Trade Data on Volza.com may vary, but the platform strives to ensure regular updates. The goal is to provide users with the most current and accurate information available. It is recommended to check the platform regularly or contact the Volza.com support team for specific details on data update schedules.
How frequently is the Panama Export trade data updated on Volza.com?
The Panama export trade data on Volza.com is regularly updated to provide the most current information available. The website strives to ensure that users have access to the latest export trade data for Panama.
What types of export trade data can I find on Volza.com?
Volza.com offers a wide range of export trade data for Panama. You can find data related to various sectors and industries, including agriculture, manufacturing, energy, textiles, and more. The website aims to provide comprehensive information to cater to the diverse needs of users interested in Panama's export trade.
Why is Panama Export Data important?
Panama Export Data plays a crucial role in understanding the country's trade dynamics, economic trends, and market demand. It aids businesses, policymakers, researchers, and investors in making informed decisions related to international trade and investment.
Can I access historical Panama Export Data?
Yes, historical Panama Export Data is valuable for tracking changes in export patterns over months or years, identifying seasonality, and understanding long-term trends.