Panama's exports rose from US$6.4B in 1995 to US$38.4B in 2024.
Panama · Trade
Exports, imports, balances, openness and composition.
21 indicators · 21 with data
Panama's imports rose from US$7.66B in 1995 to US$34B in 2024.
Panama's merchandise exports (current us$) rose from US$623M in 1996 to US$11.9B in 2025.
Panama's merchandise imports (current us$) rose from US$2.78B in 1996 to US$25.8B in 2025.
Panama's services exports rose from US$1.59B in 1996 to US$20.2B in 2025.
Panama's trade balance rose from US$-1.26B in 1995 to US$4.36B in 2024.
Panama's current account balance (us$) rose from US$-201M in 1996 to US$-169M in 2025.
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- Exports of goods and services (% of GDP)down −1.3 pts62nd of 172
- Imports of goods and services (% of GDP)down −3.4 pts98th of 172
- Trade opennessdown −4.7 pts82nd of 172
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- Current accountdown −0.8 pts43rd of 101
- FDI inflowsdown −1.4 pts65th of 97
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- High-tech exportsup +0.8 pts104th of 125
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- Fuel exports (% of merchandise exports)up +0.7 pts98th of 127
- Food exports (% of merchandise exports)up +56.2 pts8th of 131
- Manufactures exports (% of merchandise exports)up +7.0 pts108th of 131
- Ores and metals exports (% of merchandise exports)down −66.9 pts25th of 130
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- Net barter terms of trade indexup +0.3 pts177th of 203
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- Tariffsdown −0.5 pts53rd of 143
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- FDI outflowsdown −1.1 pts86th of 91
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- Logistics performance index, overalldown −5.5 %56th of 138