Top Panama Imports 2016
In 2016, Panama bought US$9.2 billion worth of imported products down by -36.7% since 2012 and down by -11% from 2015 to 2016.
Top 10 Panamanian Imports from China
China's exports to Panama amounted to
$2.9 billion or 31.3% of its overall imports.
1. Clothing (not knit or crochet): $546.7 million
2. Electronic equipment: $542 million
3. Footwear: $409.8 million
4. Knit or crochet clothing: $227.8 million
5. Machinery: $226.8 million
6. Vehicles: $86.2 million
7. Leather, animal gut articles: $76.6 million
8. Man-made filaments: $75.8 million
9. Toys, games: $70.3 million
10. Rubber: $67 million
Top 10 Panamanian Imports from Singapore
Singapore's exports to Panama amounted to
$1.7 billion or 18.9% of its overall imports.
1. Organic chemicals: $1.6 billion
2. Pharmaceuticals: $78.8 million
3. Electronic equipment: $7.2 million
4. Tobacco: $4.1 million
5. Machinery: $4.1 million
6. Vehicles: $2 million
7. Clothing (not knit or crochet): $1.5 million
8. Knit or crochet clothing: $1.4 million
9. Perfumes, cosmetics: $402,000
10. Gems, precious metals: $389,000
Top 10 Panamanian Imports from the US
America's exports to Panama amounted to
$880.4 million or 9.5% of its overall imports.
1. Perfumes, cosmetics: $158.2 million
2. Organic chemicals: $140 million
3. Electronic equipment: $113.1 million
4. Machinery: $80.4 million
5. Pharmaceuticals: $76.4 million
6. Beverages: $55 million
7. Clothing (not knit or crochet): $27.4 million
8. Rubber: $23.8 million
9. Toys, games: $17.6 million
10. Medical, technical equipment: $17.5 million
Top 10 Panama Imports from Mexico
Mexico's exports to Panama amounted to
$481.4 million or 5.2% of its overall imports.
1. Pharmaceuticals: $351.3 million
2. Electronic equipment: $56.6 million
3. Beverages: $13.5 million
4. Machinery: $12.6 million
5. Perfumes, cosmetics: $8.1 million
6. Footwear: $4.7 million
7. Gems, precious metals: $4.4 million
8. Clothing (not knit or crochet): $3.4 million
9. Cereal, milk preparations:$3.3 million
10. Toys, games: $2.5 million
Top 10 Panama Imports from Vietnam
Vietnam's exports to Panama amounted to
$314.2 million or 3.4% of its overall imports.
1. Footwear: $179.9 million
2. Electronic equipment: $77.1 million
3. Machinery: $16.8 million
4. Clothing (not knit or crochet): $14.2 million
5. Knit or crochet clothing: $9.6 million
6. Tobacco: $4.8 million
7. Leather, animal gut articles: $2.5 million
8. Base metal tools, cutlery: $2.2 million
9. Headgear: $924,000
10. Felt, yarn, twine, cordage: $787,000
Top 10 Panamanian Imports from Hong Kong
Hong Kong's exports to Panama amounted to
$290.9 million or 3.1% of its overall imports.
1. Clothing (not knit or crochet): $58.1 million
2. Electronic equipment: $44.8 million
3. Clocks, watches: $34.6 million
4. Footwear: $33.9 million
5. Knit or crochet clothing: $18.4 million
6. Machinery: $18.1 million
7. Tobacco: $16.2 million
8. Leather, animal gut articles: $13.6 million
9. Toys, games: $7.4 million
10. Gems, precious metals: $6.6 million
Top 10 Panama Imports from Belgium
Belgium's exports to Panama amounted to
$224.2 million or 2.4% of its overall imports.
1. Pharmaceuticals: $118.5 million
2. Perfumes, cosmetics: $46.1 million
3. Rubber: $12.3 million
4. Machinery: $11.1 million
5. Medical, technical equipment: $6.1 million
6. Beverages: $5.4 million
7. Cocoa, cocoa preparations: $3.6 million
8. Clothing (not knit or crochet): $2.7 million
9. Tobacco: $2.5 million
10. Electronic equipment: $1.6 million
Top 10 Panamanian Imports from France
France's exports to Panama amounted to
$210.2 million or 2.3% of its overall imports.
1. Perfumes, cosmetics: $96.1 million
2. Beverages: $52.4 million
3. Pharmaceuticals: $37.1 million
4. Rubber: $15 million
5. Leather, animal gut articles: $2 million
6. Clothing (not knit or crochet): $1.9 million
7. Knit or crochet clothing: $1 million
8. Glass: $575,000
9. Plastics: $541,000
10. Furniture, lighting, signs: $490,000
Top 10 Panamanian Imports from Germany
Germany's exports to Panama amounted to
$147.5 million or 1.6% of its overall imports.
1. Pharmaceuticals: $93.3 million
2. Vehicles: $11.3 million
3. Machinery: $10.5 million
4. Rubber: $8.1 million
5. Electronic equipment: $5 million
6. Beverages: $3.4 million
7. Perfumes, cosmetics: $2.4 million
8. Medical, technical equipment: $1.6 million
9. Clothing (not knit or crochet): $1.13 million
10. Knit or crochet clothing: $1.06 million
Top 10 Panama Imports from the UK
United Kingdom's exports to Panama amounted to $145.6 million or 1.58% of its overall imports.
1. Beverages: $89.6 million
2. Pharmaceuticals: $42.4 million
3. Tanning, dyeing extracts: $2.4 million
4. Perfumes, cosmetics: $1.8 million
5. Machinery: $1.3 million
6. Footwear: $1.08 million
7. Plastics: $1.05 million
8. Electronic equipment: $866,000
9. Medical, technical equipment: $711,000
10. Vehicles: $546,000
Top 10 Panamanian Imports from Italy
Italy's exports to Panama amounted to
$139.1 million or 1.5% of its overall imports.
1. Gems, precious metals: $72.1 million
2. Perfumes, cosmetics: $13.9 million
3. Pharmaceuticals: $11.3 million
4. Rubber: $10.3 million
5. Medical, technical equipment: $7.5 million
6. Machinery: $4.3 million
7. Clothing (not knit or crochet): $3 million
8. Footwear: $2.2 million
9. Leather, animal gut articles: $1.44 million
10. Furniture, lighting, signs: $1.39 million
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
