Panama Export Import trade data

11-Apr-2025

Grow Your Export Import Business in Panama

Volza's Big Data technology scans over 2 billion Export Import shipment records in Panama to identify new Buyers, Suppliers, emerging markets, profitable export import opportunities, and promising products.
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Key Indicators

Export Shipments
4,505,690
Buyers
7,595
Export Trading Partners
166
Import Shipments
9,649,013
Suppliers
8,249
Import Trading Partners
236

Overview

country 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.

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 3 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.

Imports:


In September 2024, Panama ranked 53th in global imports, with imports valued at 11 billion, representing a -4% growth from 2023.

From September 2023 to September 2024, the country's imports amounted to 11 billion, showing a -4% growth from the preceding year.

In 2024, imports totaled 11 billion, marking a -27% YOY growth from 2023. 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.

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Import Factsheet

Data Source
Statistical
Data Coverage
40%
Last Shipment
30, Jun, 2024
Update Frequency
Monthly
Import Shipment
9,649,013 -99.96%
Trading Partners
236 -23.59%
Source : Volza
Import Data

Export Factsheet

Data Source
Statistical
Data Coverage
40%
Last Shipment
30, Jun, 2024
Update Frequency
Monthly
Export Shipment
4,505,690 0%
Trading Partners
166 -99.64%
Source : Volza
Export Data
Panama
Import Export Data

14,154,703 Bill of Ladings, 7,595 Buyers, 8,249 Suppliers

country import export
Import
vs
Export
Jan-Dec 22 Shipment
Data Source : Volza Import Export Data
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Trading Partners

Top Trading Partners of Panama

Import Trading Partners
Export Trading Partners
Africa-CentralAfrica-East Africa-NorthCameroonCentral AfricaDjiboutiEthiopiaKenyaUgandaZimbabweAlgeriaEgyptPanamaAfrica-CentralAfrica-East Africa-NorthCameroonEthiopiaKenyaUgandaZimbabweAlgeriaEgypt

Datasets

Africa-Central


Africa-East


Africa-North


Africa-South


Africa-West


America-Central


Asia-Central


Asia-East


Asia-South


Asia-Southeast


Asia-West


Australia/Oceania


Europe-East


Europe-North


Europe-South


Europe-West


Middle-East


North America


South America


The Caribbean