Imports to Panama fell 3.0 percent year-on-year to PAB 1131.7 million in December of 2018, mostly due to lower purchases of consumption goods (-1.4 percent), namely fuels and lubricants (-7.5 percent) and semi-durable (-9 percent). Also, purchases decreased for capital goods (-5.4 percent), of which transport and equipment (-16.3 percent) and agriculture (-25.4 percent); and intermediate goods (-12.2 percent), mainly raw materials and intermediate products for the industry excluding construction (-8.1 percent). Imports in Panama averaged 776094.95 PAB Thousand from 2003 until 2018, reaching an all time high of 1349156.80 PAB Thousand in October of 2014 and a record low of 226561 PAB Thousand in February of 2003.

Imports in Panama is expected to be 1085000.00 PAB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Panama to stand at 1075000.00 in 12 months time. In the long-term, the Panama Imports is projected to trend around 1100000.00 PAB Thousand in 2020, according to our econometric models.

Panama Imports
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Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -1091213.80 -1091080.18 -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 1131716.10 1138889.00 1349156.80 226561.00 PAB Thousand [+]
Exports 40502.29 47809.00 181465.14 40502.29 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 0.08 0.15 0.66 0.00 [+]
Foreign Direct Investment 1343.30 1520.10 1685.10 -306.70 USD Million [+]

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



Panama Imports

Panama's main imports are mineral products, capital equipment, electronics and food. Panama's main import partners are the United States, China, Mexico, South Korea, Japan and Colombia. . This page provides - Panama Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Imports - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1131716.10 1138889.00 1349156.80 226561.00 2003 - 2018 PAB Thousand Monthly
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