Panama Export Data

Panama Export Data

Panama is a country in Central America that borders both the Caribbean Sea and the Pacific Ocean. It is bordered by Colombia and Costa Rica. Panama City, its capital, is a major international financial and logistical center driven by the Panama Canal. Panama's GDP came to over USD 91.7 billion in 2024. As per Panama export data, exports of products totaled USD 1.16 billion, and exports of services, mostly transportation and travel, added USD 15.1 billion, for a total of USD 16.3 billion. Fish and seafood (worth USD 194 million), fruits and nuts (worth USD 185 million), and oils and fats (worth USD 106 million) were Panama's top exports. Panama's biggest export destination for products was the United States (about 19%), followed by the Netherlands and India.

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89th globally in 2024, reflecting its moderate position in global trade.

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USD 16.3 billion, driven by re-exports and primary goods.

United States

The United States received the largest share of Panama’s exports, highlighting strong bilateral trade.

Fish & seafood; fruits & nuts; oils & fats

Fish & seafood, fruits & nuts, and animal/vegetable oils & fats dominated export volumes.

 

Top 10 Export Products of Panama

As per Panama trade data, agro-food products and seafood account for a large portion of Panama's exports, with specialized manufacturing exports rounding out the mix.

  • Fish & seafood (HS 03/16): USD 194 M (~16.7%)
  • Fruits & nuts (HS 08): USD 185 M (~15.9%)
  • Oils & fats (HS 15/04): USD 106 M (~9.1%)
  • Precious stones & metals (HS 71): USD 68 M (~5.9%)
  • Iron & steel (HS 72/73): USD 58 M (~5.0%)
  • Sugars (HS 17): USD 54 M (~4.7%)
  • Food residues & fodder (HS 23): USD 42 M (~3.6%)
  • Wood & charcoal (HS 44): USD 38 M (~3.3%)
  • Pharmaceuticals (HS 30): USD 34 M (~2.9%)
  • Coffee, tea, spices (HS 09): USD 30 M (~2.6%)
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Top 10 Export Trading Partners of Panama

As per Panama trade statistics, result of strategic commercial linkages spanning the Americas, Europe, and Asia, Panama's top export destinations were the United States (~USD 222 M, 19.1%), the Netherlands (~USD 168 M, 14.5%), and India (~USD 134 M, 11.5%).

  • United States: ~USD 222 M (19.1%)
  • Netherlands: ~USD 168 M (14.5%)
  • India: ~USD 134 M (11.5%)

What Details Contain In Panama Export Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for Panama. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of export operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Panama market. The data contains all required fields:

  • Exporter Name
  • Exporter Address
  • Importer Name
  • Importer Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Panama Export data in your business

  • Use this information to investigate the global market: Learn important information about the Panama export market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts.
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

As per Panama export data, the top export product in 2024 was fish and seafood (HS Code 03/16), with a total value of USD 194 million, accounting for 16.7% of total goods exports.

While Panama is not a heavy manufacturing economy, its agro-food and seafood processing industries contribute to employment and export earnings. Based on Panama export import data, Brands in logistics and services (linked to the Panama Canal) form the backbone of its economic structure.

Based on Panama customs data, Panama’s re-export infrastructure via the Panama Canal and its logistics services are essential to countries in Latin America and North America. The United States, receiving 19.1% of Panama's exports, is particularly linked through trade and maritime logistics.

Use Import Globals, a verified provider of Panama Export Data, to access detailed insights such as exporter/importer names, product descriptions, HS Codes, shipment values (FOB/CIF), ports, and much more for complete trade transparency.

According to Panama trade data, the top five exports were:

  • ● Fish & seafood – USD 194 M
  • ● Fruits & nuts – USD 185 M
  • ● Oils & fats – USD 106 M
  • ● Precious stones & metals – USD 68 M
  • ● Iron & steel – USD 58 M

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