Exports from Panama fell 1.3 percent year-on-year to PAB 47.8 million in November 2018, mainly dragged down by lower shipments of fish (-17.6 percent); shrimp (-33.1 percent); wood (-38.5 percent); clothing (-62.5 percent); coffee (-43.1 percent) and sugar (-51.7 percent). In contrast, overseas sales jumped for fish oil (93.8 percent) and other sea products (195 percent). Exports in Panama averaged 70096.22 PAB Thousand from 2003 until 2018, reaching an all time high of 181465.14 PAB Thousand in March of 2008 and a record low of 43588 PAB Thousand in September of 2018.

Exports in Panama is expected to be 66500.00 PAB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Panama to stand at 63400.00 in 12 months time. In the long-term, the Panama Exports is projected to trend around 65000.00 PAB Thousand in 2020, according to our econometric models.

Panama Exports
Forecast Data Chart
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Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -1091080.18 -1212426.86 -164179.00 -1274300.00 PAB Thousand [+]
Current Account -1434.60 -838.20 247.00 -1670.40 PAB Million [+]
Current Account to GDP -6.10 -5.50 14.81 -13.10 percent [+]
Imports 1138889.00 1265881.00 1349156.80 226561.00 PAB Thousand [+]
Exports 47809.00 53454.00 181465.14 43588.00 PAB Thousand [+]
Capital Flows -2791.00 -1716.30 2195.90 -2791.00 PAB Million [+]
Remittances 443.70 426.10 652.00 220.00 USD Million [+]
Terrorism Index 0.15 0.00 0.66 0.00 [+]
Foreign Direct Investment 1365.90 954.90 1685.10 -306.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Panama Exports

Panama's exports are dominated by the agricultural and fishing sector (60 percent of total exports). Salmon, banana and gold are the most exported products. Panama's main export partners are the United States, Canada, Netherlands, Sweden and Costa Rica. The North American market represents 40 percent of total exports. This page provides - Panama Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Exports - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47809.00 53454.00 181465.14 43588.00 2003 - 2018 PAB Thousand Monthly
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