Top Panama Imports 2015
In 2015, Panama bought US$12.1 billion worth of imported products down by 44.4% since 2011 and down by 11.5% from 2014 to 2015.
Top 10 Panamanian Imports from the US
America's exports to Panama amounted to
$3.1 billion or 32.6% of its overall imports.
1. Machinery: $477 million
2. Oil: $450.7 million
3. Electronic equipment: $294.4 million
4. Vehicles: $198 million
5. Cereals: $137.1 million
6. Plastics: $119.8 million
7. Food waste, animal fodder: $97.4 million
8. Iron or steel products: $82.6 million
9. Medical, technical equipment: $80.6 million
10. Other food preparations: $70.3 million
Top 10 Panamanian Imports from China
China's exports to Panama amounted to
$1.2 billion or 12% of its overall imports.
1. Iron and steel: $177.4 million
2. Machinery: $163.3 million
3. Electronic equipment: $135 million
4. Iron or steel products: $114.2 million
5. Furniture, lighting, signs: $61.1 million
6. Plastics: $52.5 million
7. Toys, games: $47.9 million
8. Clothing (not knit or crochet): $37.5 million
9. Rubber: $37.1 million
10. Vehicles: $34.1 million
Top 10 Panamanian Imports from Mexico
Mexico's exports to Panama amounted to
$621.1 million or 6.4% of its overall imports.
1. Vehicles: $138.4 million
2. Electronic equipment: $56.5 million
3. Machinery: $45.3 million
4. Pharmaceuticals: $42 million
5. Perfumes, cosmetics: $40.4 million
6. Cereal, milk preparations: $28.9 million
7. Iron and steel: $25.7 million
8. Plastics: $21.4 million
9. Iron or steel products: $20.9 million
10. Other manufactured products: $17.2 million
Top 10 Panama Imports from Costa Rica
Costa Rica's exports to Panama amounted to
$454.3 million or 4.7% of its overall imports.
1. Plastics: $58.7 million
2. Other food preparations: $56 million
3. Other chemical goods: $27.3 million
4. Beverages: $27.2 million
5. Food waste, animal fodder: $26.5 million
6. Tanning, dyeing extracts: $24.8 million
7. Cereal, milk preparations: $22.8 million
8. Dairy, eggs, honey: $18.4 million
9. Paper: $17.6 million
10. Other manufactured products: $17.2 million
Top 10 Panama Imports from South Korea
South Korea's exports to Panama amounted to
$428.6 million or 4.5% of its overall imports.
1. Vehicles: $231.9 million
2. Electronic equipment: $46.5 million
3. Iron or steel products: $45 million
4. Machinery: $34.4 million
5. Iron and steel: $31.7 million
6. Furniture, lighting, signs: $12.2 million
7. Rubber: $9.8 million
8. Medical, technical equipment: $3.8 million
9. Soaps, lubricants, candles: $2.5 million
10. Plastics: $2.3 million
Top 10 Panamanian Imports from Colombia
Colombia's exports to Panama amounted to
$361.6 million or 3.8% of its overall imports.
1. Electronic equipment: $32.6 million
2. Pharmaceuticals: $30.6 million
3. Plastics: $26.7 million
4. Oil: $24.1 million
5. Machinery: $21.7 million
6. Iron or steel products: $18.6 million
7. Perfumes, cosmetics: $16 million
8. Furniture, lighting, signs: $14.5 million
9. Other chemical goods: $14.4 million
10. Paper: $12.8 million
Top 10 Panama Imports from Spain
Spain's exports to Panama amounted to
$341.8 million or 3.5% of its overall imports.
1. Iron or steel products: $48.2 million
2. Ships, boats: $47.7 million
3. Machinery: $42.7 million
4. Electronic equipment: $36.2 million
5. Pharmaceuticals: $19.7 million
6. Furniture, lighting, signs: $13.1 million
7. Ceramic products: $12.4 million
8. Cereal, milk preparations: $9.4 million
9. Perfumes, cosmetics: $7.7 million
10. Beverages: $5.8 million
Top 10 Panamanian Imports from Japan
Japan's exports to Panama amounted to
$292.1 million or 3% of its overall imports.
1. Vehicles: $238 million
2. Machinery: $24.3 million
3. Medical, technical equipment: $7.3 million
4. Rubber: $6.9 million
5. Pharmaceuticals: $5.2 million
6. Electronic equipment: $3.3 million
7. Other chemical goods: $1.7 million
8. Other base metal goods: $588,000
9. Glass: $525,000
10. Perfumes, cosmetics: $484,000
Top 10 Panamanian Imports from Germany
Germany's exports to Panama amounted to
$279.9 million or 2.9% of its overall imports.
1. Machinery: $70.6 million
2. Vehicles: $60.5 million
3. Pharmaceuticals: $57.2 million
4. Other chemical goods: $19.9 million
5. Electronic equipment: $14.1 million
6. Medical, technical equipment: $10.1 million
7. Iron or steel products: $5.7 million
8. Iron and steel: $4.9 million
9. Plastics: $3.4 million
10. Perfumes, cosmetics: $2.8 million
Top 10 Panama Imports from Italy
Italy's exports to Panama amounted to
$271.5 million or 2.8% of its overall imports.
1. Iron or steel products: $110 million
2. Machinery: $39.7 million
3. Pharmaceuticals: $16.8 million
4. Furniture, lighting, signs: $16.7 million
5. Electronic equipment: $12.3 million
6. Plastics: $11.4 million
7. Leather, animal gut articles: $5.7 million
8. Footwear: $5.3 million
9. Vehicles: $4.2 million
10. Ceramic products: $4 million
Top 10 Panamanian Imports from Thailand
Thailand's exports to Panama amounted to
$196.2 million or 2% of its overall imports.
1. Vehicles: $160.3 million
2. Meat, seafood preparations: $16.7 million
3. Machinery: $3.5 million
4. Rubber: $3.3 million
5. Plastics: $2.2 million
6. Vegetable/fruit preparations: $2 million
7. Electronic equipment: $1.5 million
8. Iron or steel products: $1.2 million
9. Beverages: $497,000
10. Other manufactured products: $477,000
Fastest-Growing Panamanian Imports
Research Note:
Import numbers rarely match the source exporters’ stats. Reasons for import-export statistical discrepancies include re-exports, time lags, misallocations, distinct trade reporting systems, different quantity measurements and country confidentiality rules. Also, transportation and insurance costs are sometimes added to import totals.
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis
