Panama Exports 2023
Complete list of Panama's 145 export destinations and 100+ product categories. Sourced from CEPII BACI.
$6.55B
Total exports (2023)
#122
Global export rank
145
Destination countries
100+
Product categories tracked
Panama exported $6.55 billion of merchandise goods in 2023, making it the world's #122 largest exporter. Goods flowed to 145 destinations, with the top ten markets absorbing 69.9% of total export value. The leading export was Copper ores and concentrates, valued at $2.93 billion — 44.7% of the country's export portfolio.
The two tables below list every destination country and the most-traded product categories at the HS6 (Harmonized System 6-digit) level. All values come from the CEPII BACI database, which reconciles UN Comtrade declarations to produce cleaner bilateral flows.
All export destinations
145 countries and territories. Click any country for the full bilateral page.
| # | Destination | 2023 export value | % of total |
|---|---|---|---|
| 1 | China | $1.61B | 24.56% |
| 2 | Japan | $652.24M | 9.96% |
| 3 | USA | $408.03M | 6.23% |
| 4 | Thailand | $346.19M | 5.29% |
| 5 | Costa Rica | $306.31M | 4.68% |
| 6 | India | $269.44M | 4.11% |
| 7 | Spain | $261.23M | 3.99% |
| 8 | Germany | $254.70M | 3.89% |
| 9 | Denmark | $238.88M | 3.65% |
| 10 | Rep. of Korea | $233.06M | 3.56% |
| 11 | Dominican Rep. | $148.67M | 2.27% |
| 12 | Netherlands | $139.08M | 2.12% |
| 13 | Gabon | $120.64M | 1.84% |
| 14 | Other Asia, nes | $101.91M | 1.56% |
| 15 | Bulgaria | $99.04M | 1.51% |
| 16 | Jamaica | $87.22M | 1.33% |
| 17 | Guatemala | $87.15M | 1.33% |
| 18 | Ecuador | $84.56M | 1.29% |
| 19 | Guyana | $81.43M | 1.24% |
| 20 | Honduras | $69.68M | 1.06% |
| 21 | Switzerland | $62.81M | 0.96% |
| 22 | Chile | $51.06M | 0.78% |
| 23 | Barbados | $48.50M | 0.74% |
| 24 | Italy | $46.84M | 0.72% |
| 25 | El Salvador | $42.00M | 0.64% |
| 26 | Norway | $41.35M | 0.63% |
| 27 | South Africa | $41.33M | 0.63% |
| 28 | Peru | $40.53M | 0.62% |
| 29 | Côte d'Ivoire | $40.04M | 0.61% |
| 30 | United Kingdom | $38.16M | 0.58% |
| 31 | China, Hong Kong SAR | $37.57M | 0.57% |
| 32 | Nicaragua | $34.76M | 0.53% |
| 33 | Bolivia (Plurinational State of) | $34.41M | 0.53% |
| 34 | Bahamas | $33.39M | 0.51% |
| 35 | Colombia | $28.49M | 0.44% |
| 36 | Canada | $20.32M | 0.31% |
| 37 | Indonesia | $18.42M | 0.28% |
| 38 | Türkiye | $18.20M | 0.28% |
| 39 | Belize | $15.40M | 0.24% |
| 40 | Poland | $15.16M | 0.23% |
| 41 | Mexico | $14.73M | 0.22% |
| 42 | Brazil | $14.37M | 0.22% |
| 43 | France | $14.36M | 0.22% |
| 44 | Czechia | $13.85M | 0.21% |
| 45 | United Rep. of Tanzania | $13.52M | 0.21% |
| 46 | Malaysia | $12.97M | 0.20% |
| 47 | Paraguay | $11.28M | 0.17% |
| 48 | Sweden | $9.90M | 0.15% |
| 49 | Finland | $9.68M | 0.15% |
| 50 | Cuba | $9.62M | 0.15% |
| 51 | Uruguay | $7.99M | 0.12% |
| 52 | Belgium | $7.44M | 0.11% |
| 53 | Venezuela | $7.07M | 0.11% |
| 54 | Greece | $6.13M | 0.09% |
| 55 | Nigeria | $5.77M | 0.09% |
| 56 | Philippines | $5.06M | 0.08% |
| 57 | Curaçao | $4.33M | 0.07% |
| 58 | Australia | $4.32M | 0.07% |
| 59 | Portugal | $4.09M | 0.06% |
| 60 | Austria | $4.01M | 0.06% |
| 61 | Ireland | $3.40M | 0.05% |
| 62 | Slovakia | $3.18M | 0.05% |
| 63 | Angola | $3.17M | 0.05% |
| 64 | Saint Vincent and the Grenadines | $2.77M | 0.04% |
| 65 | Viet Nam | $2.76M | 0.04% |
| 66 | United Arab Emirates | $2.74M | 0.04% |
| 67 | Namibia | $2.71M | 0.04% |
| 68 | Ukraine | $2.69M | 0.04% |
| 69 | Cambodia | $2.51M | 0.04% |
| 70 | Aruba | $2.50M | 0.04% |
| 71 | Israel | $2.49M | 0.04% |
| 72 | Trinidad and Tobago | $2.20M | 0.03% |
| 73 | Dominica | $2.15M | 0.03% |
| 74 | Saudi Arabia | $2.05M | 0.03% |
| 75 | Estonia | $1.91M | 0.03% |
| 76 | Tunisia | $1.86M | 0.03% |
| 77 | Singapore | $1.71M | 0.03% |
| 78 | Hungary | $1.71M | 0.03% |
| 79 | Br. Indian Ocean Terr. | $1.53M | 0.02% |
| 80 | New Zealand | $1.38M | 0.02% |
| 81 | Argentina | $1.19M | 0.02% |
| 82 | Bonaire | $1.16M | 0.02% |
| 83 | Suriname | $964,530 | 0.01% |
| 84 | Slovenia | $953,574 | 0.01% |
| 85 | China, Macao SAR | $827,071 | 0.01% |
| 86 | Antigua and Barbuda | $674,418 | 0.01% |
| 87 | Zimbabwe | $576,266 | 0.01% |
| 88 | Gambia | $429,072 | 0.01% |
| 89 | Saint Lucia | $406,106 | 0.01% |
| 90 | Zambia | $369,969 | 0.01% |
| 91 | Serbia | $360,749 | 0.01% |
| 92 | Albania | $358,658 | 0.01% |
| 93 | Andorra | $355,892 | 0.01% |
| 94 | Uganda | $352,916 | 0.01% |
| 95 | Bangladesh | $352,107 | 0.01% |
| 96 | Luxembourg | $340,620 | 0.01% |
| 97 | Cyprus | $338,197 | 0.01% |
| 98 | Montserrat | $337,924 | 0.01% |
| 99 | Seychelles | $326,619 | 0.00% |
| 100 | Bahrain | $300,732 | 0.00% |
| 101 | Senegal | $279,317 | 0.00% |
| 102 | Bosnia Herzegovina | $271,558 | 0.00% |
| 103 | Pakistan | $256,394 | 0.00% |
| 104 | Malta | $217,730 | 0.00% |
| 105 | Georgia | $207,923 | 0.00% |
| 106 | Latvia | $206,291 | 0.00% |
| 107 | Ghana | $187,009 | 0.00% |
| 108 | Iceland | $161,513 | 0.00% |
| 109 | Kazakhstan | $143,613 | 0.00% |
| 110 | Madagascar | $138,860 | 0.00% |
| 111 | Grenada | $137,172 | 0.00% |
| 112 | Morocco | $117,079 | 0.00% |
| 113 | Mozambique | $110,000 | 0.00% |
| 114 | Kuwait | $92,635 | 0.00% |
| 115 | Saint Maarten | $85,117 | 0.00% |
| 116 | Romania | $83,901 | 0.00% |
| 117 | Russian Federation | $76,632 | 0.00% |
| 118 | Kenya | $73,201 | 0.00% |
| 119 | Jordan | $63,545 | 0.00% |
| 120 | Rep. of Moldova | $59,718 | 0.00% |
| 121 | Armenia | $48,698 | 0.00% |
| 122 | Montenegro | $46,472 | 0.00% |
| 123 | Egypt | $43,227 | 0.00% |
| 124 | Samoa | $41,479 | 0.00% |
| 125 | Uzbekistan | $40,618 | 0.00% |
| 126 | Ethiopia | $39,228 | 0.00% |
| 127 | Lithuania | $38,101 | 0.00% |
| 128 | Burkina Faso | $36,619 | 0.00% |
| 129 | Oman | $31,139 | 0.00% |
| 130 | Sri Lanka | $27,917 | 0.00% |
| 131 | Benin | $24,867 | 0.00% |
| 132 | Lebanon | $24,350 | 0.00% |
| 133 | Mauritius | $19,671 | 0.00% |
| 134 | North Macedonia | $19,453 | 0.00% |
| 135 | Qatar | $11,631 | 0.00% |
| 136 | Maldives | $11,181 | 0.00% |
| 137 | Malawi | $10,757 | 0.00% |
| 138 | Eswatini | $3,935 | 0.00% |
| 139 | Croatia | $3,710 | 0.00% |
| 140 | Lesotho | $2,780 | 0.00% |
| 141 | French Polynesia | $2,736 | 0.00% |
| 142 | Azerbaijan | $2,156 | 0.00% |
| 143 | Cabo Verde | $2,149 | 0.00% |
| 144 | Togo | $659 | 0.00% |
| 145 | Kyrgyzstan | $304 | 0.00% |
Top export products (HS6)
100 product categories ranked by 2023 export value.
| # | HS6 | Product | Value | % of total |
|---|---|---|---|---|
| 1 | 260300 | Copper ores and concentrates | $2.93B | 44.68% |
| 2 | 890590 | Vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks | $320.64M | 4.90% |
| 3 | 271000 | Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils | $304.03M | 4.64% |
| 4 | 890190 | Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $272.79M | 4.17% |
| 5 | 080390 | Fruit, edible: bananas, other than plantains, fresh or dried | $270.83M | 4.14% |
| 6 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $151.79M | 2.32% |
| 7 | 150420 | Fats and oils and their fractions: of fish, (excluding liver-oils) | $122.22M | 1.87% |
| 8 | 890520 | Floating or submersible drilling or production platforms | $120.56M | 1.84% |
| 9 | 710812 | Metals: gold, non-monetary, unwrought (but not powder) | $95.82M | 1.46% |
| 10 | 890120 | Tankers | $69.44M | 1.06% |
| 11 | 720449 | Ferrous waste and scrap: n.e.c. in heading no. 7204 | $66.47M | 1.02% |
| 12 | 030617 | Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $61.54M | 0.94% |
| 13 | 030342 | Fish: frozen, yellowfin tunas (Thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 | $58.52M | 0.89% |
| 14 | 220840 | Rum and other spirits obtained by distilling fermented sugar-cane products | $53.54M | 0.82% |
| 15 | 440349 | Wood, tropical: other than dark red meranti, light red meranti and meranti bakau, in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated | $50.46M | 0.77% |
| 16 | 740400 | Copper: waste and scrap | $42.63M | 0.65% |
| 17 | 711291 | Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals | $40.95M | 0.63% |
| 18 | 030289 | Fish: fresh or chilled, n.e.c. in heading 0302, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 | $40.58M | 0.62% |
| 19 | 761290 | Aluminium: casks, drums, cans, boxes and the like for any material (not compressed or liquefied gas), 300l capacity or less, whether or not lined or heat-insulated, no mechanical or thermal equipment | $36.37M | 0.56% |
| 20 | 760200 | Aluminium: waste and scrap | $32.50M | 0.50% |
| 21 | 090111 | Coffee: not roasted or decaffeinated | $29.96M | 0.46% |
| 22 | 030232 | Fish: fresh or chilled, yellowfin tunas (Thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 | $26.72M | 0.41% |
| 23 | 170113 | Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $24.24M | 0.37% |
| 24 | 230120 | Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates | $23.50M | 0.36% |
| 25 | 170114 | Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $22.11M | 0.34% |
| 26 | 151110 | Vegetable oils: palm oil and its fractions, crude, not chemically modified | $20.57M | 0.31% |
| 27 | 030343 | Fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 | $19.59M | 0.30% |
| 28 | 080711 | Fruit, edible: watermelons, fresh | $18.81M | 0.29% |
| 29 | 720410 | Ferrous waste and scrap: of cast iron | $17.37M | 0.27% |
| 30 | 851712 | Telephones for cellular networks or for other wireless networks | $17.19M | 0.26% |
| 31 | 401110 | Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars) | $16.87M | 0.26% |
| 32 | 252329 | Cement: portland, other than white, whether or not artificially coloured | $16.19M | 0.25% |
| 33 | 090122 | Coffee: roasted, decaffeinated | $15.45M | 0.24% |
| 34 | 710813 | Metals: gold, semi-manufactured | $13.38M | 0.20% |
| 35 | 382440 | Cements, mortars or concretes: their prepared additives | $12.79M | 0.20% |
| 36 | 030489 | Fish fillets: frozen, of fish n.e.c. in heading 0304.8 | $12.64M | 0.19% |
| 37 | 151590 | Vegetable fats and oils and their fractions: fixed, n.e.c. in heading no. 1515, whether or not refined, but not chemically modified | $11.90M | 0.18% |
| 38 | 392690 | Plastics: other articles n.e.c. in chapter 39 | $11.63M | 0.18% |
| 39 | 330300 | Perfumes and toilet waters | $11.47M | 0.18% |
| 40 | 890400 | Tugs and pusher craft | $11.43M | 0.17% |
| 41 | 480459 | Kraft paper and paperboard: uncoated, weight 225g/m2 or more, in rolls or sheets, n.e.c. in item no. 4804.5, other than that of heading no. 4802 or 4803 | $11.32M | 0.17% |
| 42 | 854231 | Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $11.08M | 0.17% |
| 43 | 851762 | Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $10.67M | 0.16% |
| 44 | 851770 | Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $10.33M | 0.16% |
| 45 | 730890 | Iron or steel: structures and parts thereof, n.e.c. in heading 7308 | $10.16M | 0.16% |
| 46 | 020230 | Meat: of bovine animals, boneless cuts, frozen | $9.93M | 0.15% |
| 47 | 360200 | Explosives, prepared: other than propellent powders | $9.80M | 0.15% |
| 48 | 271600 | Electrical energy | $9.52M | 0.15% |
| 49 | 591190 | Textile products and articles for technical uses: n.e.c. in heading no. 5911 | $9.46M | 0.14% |
| 50 | 040711 | Birds' eggs, in shell: fresh, fertilised eggs for incubation, of fowls of the species Gallus domesticus (domestic hens) | $9.12M | 0.14% |
| 51 | 040210 | Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight) | $8.70M | 0.13% |
| 52 | 080430 | Fruit, edible: pineapples, fresh or dried | $8.69M | 0.13% |
| 53 | 847130 | Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $8.39M | 0.13% |
| 54 | 210690 | Food preparations: n.e.c. in item no. 2106.10 | $8.02M | 0.12% |
| 55 | 020610 | Offal, edible: of bovine animals, fresh or chilled | $7.27M | 0.11% |
| 56 | 440131 | Wood: for fuel, sawdust and wood waste and scrap, agglomerated in logs, briquettes, pellets or similar forms: wood pellets | $7.14M | 0.11% |
| 57 | 910211 | Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only | $7.09M | 0.11% |
| 58 | 293499 | Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 | $7.04M | 0.11% |
| 59 | 842952 | Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $6.70M | 0.10% |
| 60 | 640399 | Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather | $6.68M | 0.10% |
| 61 | 780191 | Lead: unwrought, unrefined, containing by weight antimony as the principal other element | $6.64M | 0.10% |
| 62 | 300390 | Medicaments: (not containing antibiotics, hormones, alkaloids or their derivatives), for therapeutic or prophylactic uses, (not packaged for retail sale) | $6.51M | 0.10% |
| 63 | 320910 | Paints and varnishes: based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium | $6.49M | 0.10% |
| 64 | 300420 | Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale | $6.44M | 0.10% |
| 65 | 640299 | Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics | $6.39M | 0.10% |
| 66 | 410441 | Tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), full grains, unsplit: grain splits | $6.26M | 0.10% |
| 67 | 840999 | Engines: parts for internal combustion piston engines (excluding spark-ignition) | $6.23M | 0.10% |
| 68 | 481920 | Paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard | $6.21M | 0.09% |
| 69 | 120710 | Oil seeds: palm nuts and kernels, whether or not broken | $6.09M | 0.09% |
| 70 | 610990 | T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted | $5.86M | 0.09% |
| 71 | 330210 | Odoriferous substances and mixtures: of a kind used in the food or drink industries | $5.74M | 0.09% |
| 72 | 851718 | Telephone sets n.e.c. in item no. 8517.1 | $5.56M | 0.08% |
| 73 | 950300 | Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds | $5.48M | 0.08% |
| 74 | 610910 | T-shirts, singlets and other vests: of cotton, knitted or crocheted | $5.36M | 0.08% |
| 75 | 720429 | Ferrous waste and scrap: of alloy steel (excluding stainless) | $5.27M | 0.08% |
| 76 | 120799 | Oil seeds and oleaginous fruits: n.e.c. in heading no. 1207, whether or not broken | $5.11M | 0.08% |
| 77 | 020220 | Meat: of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen | $5.01M | 0.08% |
| 78 | 040221 | Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) | $4.97M | 0.08% |
| 79 | 640411 | Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials | $4.93M | 0.08% |
| 80 | 220830 | Whiskies | $4.86M | 0.07% |
| 81 | 711319 | Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $4.82M | 0.07% |
| 82 | 852580 | Television cameras, digital cameras and video camera recorders | $4.77M | 0.07% |
| 83 | 380891 | Insecticides: other than containing goods specified in Subheading Notes 1 & 2 to this Chapter: put up in forms or packings for retail sale or as preparations or articles | $4.74M | 0.07% |
| 84 | 711299 | Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds | $4.73M | 0.07% |
| 85 | 760611 | Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, (not alloyed), rectangular (including square) | $4.66M | 0.07% |
| 86 | 852872 | Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $4.66M | 0.07% |
| 87 | 380893 | Herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of Subheading Note 1 to this Chapter: put up in forms or packings for retail sale or as preparations or articles | $4.63M | 0.07% |
| 88 | 850440 | Electrical static converters | $4.58M | 0.07% |
| 89 | 292910 | Nitrogen-function compounds: n.e.c. in chapter 29, isocyanates | $4.47M | 0.07% |
| 90 | 847330 | Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471 | $4.37M | 0.07% |
| 91 | 640419 | Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials | $4.23M | 0.06% |
| 92 | 852352 | Semiconductor media: smart cards, whether or not recorded, excluding products of Chapter 37 | $4.16M | 0.06% |
| 93 | 850162 | Electric generators: AC generators, (alternators), of an output exceeding 75kVA but not exceeding 375kVA | $3.98M | 0.06% |
| 94 | 293359 | Heterocyclic compounds: containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure, (other than malonylurea and its derivatives, loprazolam, mecloqualone, methaqualone, zipeprol, and salts thereof) n.e.c. in 2933.5 | $3.96M | 0.06% |
| 95 | 330499 | Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $3.94M | 0.06% |
| 96 | 300220 | Vaccines: for human medicine | $3.93M | 0.06% |
| 97 | 300290 | Toxins, cultures of micro-organisms (excluding yeasts) and similar products | $3.91M | 0.06% |
| 98 | 890800 | Vessels and other floating structures: for breaking up | $3.87M | 0.06% |
| 99 | 440799 | Wood: sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6mm, whether or not planed, sanded or finger-jointed, n.e.c. in heading no. 4407 | $3.83M | 0.06% |
| 100 | 051191 | Animal products: of fish or crustaceans, molluscs or other aquatic invertebrates: dead animals of chapter 03, unfit for human consumption | $3.61M | 0.06% |