Dynamics of US trade with Panama from 2013 to 2018

Published or Updated: Nov 26, 2019

The dynamics of US trade in goods with Panama from 2013 to 2018: turnover, exports, imports, balance, rank, share, products.

Dynamics of US foreign trade with Panama from 2013 to 2018 (in million US dollars)
2013 2014 2015 2016 2017 2018
Turnover 11,025 10,910 8,256 6,561 6,903 7,291
Exports 10,557 10,463 7,831 6,137 6,445 6,798
Imports 468 447 425 424 458 493
Balance 10,090 10,015 7,406 5,713 5,987 6,304
Dynamics of the rank and share of Panama in US foreign trade from 2013 to 2018
2013 2014 2015 2016 2017 2018
Rank in US trade 45 44 47 52 55 54
Share in US trade, % 0.282 0.271 0.217 0.177 0.175 0.170
Rank in US exports 29 30 33 34 37 35
Share in US exports, % 0.669 0.646 0.521 0.422 0.417 0.408
Rank in US import 92 93 91 91 93 93
Share in US imports, % 0.020 0.019 0.018 0.019 0.019 0.019
Dynamics of the structure of US exports to Panama by product types from 2013 to 2018 (percent of total exports)
Рroduct type 2013 2014 2015 2016 2017 2018
Food products and agricultural raw materials (HS codes 01-24) 6.7 7.8 11.1 14.8 14.2 14.0
Mineral products (HS codes 25-27) 53.9 59.2 46.1 36.3 40.0 38.2
Chemical products (HS codes 28-40) 6.8 5.6 8.1 10.1 8.7 8.3
Wood and wood products (HS codes 44-49) 0.8 0.7 0.9 1.1 0.9 0.9
Textiles, textile products and footwear (HS codes 50-67) 1.0 0.9 1.1 1.5 1.3 1.2
Precious metals and stones (HS code 71) 0.4 0.3 0.7 0.7 0.6 0.6
Metals and products from them (HS codes 72-83) 4.6 2.6 1.7 2.4 2.7 2.2
Machinery, equipment and vehicles (HS codes 84-90) 19.1 16.3 23.1 25.6 24.3 27.4
Dynamics of the structure of US imports from Panama by product types from 2013 to 2018 (percent of total imports)
Рroduct type 2013 2014 2015 2016 2017 2018
Food products and agricultural raw materials (HS codes 01-24) 36.2 34.5 37.2 38.6 32.6 31.0
Mineral products (HS codes 25-27) 1.1 1.9 1.6 0.4 0.0 11.2
Chemical products (HS codes 28-40) 6.9 2.2 2.8 3.3 2.9 2.5
Wood and wood products (HS codes 44-49) 1.1 0.7 0.4 0.4 0.2 0.2
Textiles, textile products and footwear (HS codes 50-67) 0.9 0.9 1.4 1.0 1.3 1.4
Precious metals and stones (HS code 71) 12.8 8.9 8.9 7.3 7.4 6.8
Metals and products from them (HS codes 72-83) 3.1 4.3 3.9 2.9 4.5 4.0
Machinery, equipment and vehicles (HS codes 84-90) 5.4 4.4 5.6 5.5 6.7 6.4
Dynamics of US exports to Panama from 2013 to 2018 by product groups (in million US dollars)
HS
code
Name of product group 2013 2014 2015 2016 2017 2018
01 Live animals 4.9 4.7 5.3 6.3 7.5 8.5
02 Meat and edible meat offal 47.8 52.3 60.0 65.3 60.3 69.8
03 Fish and crustaceans, molluscs and other aquatic invertebrates​ 5.7 6.7 5.9 5.4 5.7 5.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 48.8 46.0 34.2 32.3 39.0 43.3
05 Products of animal origin, not elsewhere specified or included 4.6 4.5 4.0 2.2 2.7 1.2
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.7 0.6 0.4 0.7 0.8 0.8
07 Edible vegetables and certain roots and tubers 8.0 6.3 7.5 12.6 15.6 18.1
08 Edible fruit and nuts; peel of citrus fruit or melons 19.9 21.4 21.6 19.3 19.6 19.5
09 Coffee, tea, maté and spices 2.3 4.5 6.2 4.5 3.0 3.8
10 Cereals 124.4 134.5 139.2 130.3 128.0 134.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 3.2 2.2 1.8 2.4 2.9 3.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 30.8 11.9 11.4 23.7 15.3 30.1
13 Lac; gums, resins and other vegetable saps and extracts 1.2 1.6 1.2 0.8 1.3 1.3
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.1 0.0 0.1 0.1 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 16.2 17.1 13.1 14.4 14.5 16.6
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 21.5 22.4 20.7 22.9 23.3 22.2
17 Sugars and sugar confectionery 15.3 7.6 6.2 10.6 6.7 6.5
18 Cocoa and cocoa preparations 41.4 40.3 32.1 26.4 25.0 22.1
19 Preparations of cereals, flour, starch or milk; bakers’ wares 30.7 36.5 40.6 42.5 37.1 39.8
20 Preparations of vegetables, fruit, nuts or other parts of plants 35.5 39.3 39.6 43.9 46.9 48.3
21 Miscellaneous edible preparations 60.7 67.6 67.6 73.9 68.2 69.4
22 Beverages, spirits and vinegar 93.2 178.1 243.1 262.5 282.1 293.9
23 Residues and waste from the food industries; prepared animal feed 90.8 99.5 97.1 94.1 96.0 87.3
24 Tobacco and manufactured tobacco substitutes 2.5 6.6 10.4 9.1 11.8 6.8
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3.6 4.5 5.1 3.9 4.2 3.5
26 Ores, slag and ash 0.1 0.2 0.9 0.4 0.4 0.3
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5684.6 6184.4 3605.0 2225.6 2574.1 2591.1
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 10.2 7.1 6.2 6.1 5.7 3.9
29 Organic chemicals 177.0 81.0 115.2 97.0 43.0 16.4
30 Pharmaceutical products 88.4 69.1 82.3 82.8 90.1 130.5
31 Fertilizers 9.7 10.1 7.2 1.7 5.5 1.6
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 30.3 37.6 36.7 37.2 37.0 37.6
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 158.8 157.1 153.1 164.7 155.3 157.0
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 20.8 21.6 22.8 25.3 26.8 26.4
35 Albuminoidal substances; modified starches; glues; enzymes 6.6 7.8 7.6 6.4 6.4 6.5
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.6 0.7 0.9 1.1 1.8 0.9
37 Photographic or cinematographic goods 5.8 5.3 2.9 4.8 4.5 3.9
38 Miscellaneous chemical products 61.1 36.2 40.5 39.2 40.7 41.9
39 Plastics and articles thereof 120.9 126.4 121.8 117.0 119.1 110.4
40 Rubber and articles thereof 22.8 26.2 36.1 37.0 26.1 30.1
41 Raw hides and skins (other than furskins) and leather 0.3 0.1 0.0 0.0 0.2 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 36.0 37.3 37.4 27.7 31.7 28.6
43 Furskins and artificial fur; manufactures thereof 0.0 0.3 0.1 0.1 5.5 3.3
44 Wood and articles of wood; wood charcoal​ 13.0 14.2 13.6 15.1 11.7 10.8
45 Cork and articles of cork 0.2 0.0 0.1 0.0 0.0 0.1
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.1 0.3 0.1 0.1 0.1 0.1
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 1.9 3.4 3.0 2.1 1.3 0.9
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard​ 55.9 50.9 46.4 38.8 39.3 40.7
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 12.4 9.6 10.4 11.1 8.7 6.0
50 Silk 0.0 0.0 0.0 0.0 0.1 0.0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.5 0.5 0.5 0.4 0.7 1.0
52 Cotton 1.3 0.3 0.8 0.9 0.3 0.3
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.1 0.0 0.0 0.1 0.2 0.2
54 Man-made filaments 1.2 0.8 0.8 1.3 1.3 1.2
55 Man-made staple fibers 1.9 0.8 2.4 0.8 0.4 0.1
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 8.9 3.4 4.8 2.7 3.4 4.2
57 Carpets and other textile floor coverings 3.5 3.0 3.4 3.3 2.4 2.3
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.9 0.6 0.4 0.6 0.3 0.3
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1.8 1.8 2.5 2.4 3.1 2.7
60 Knitted or crocheted fabrics 0.2 0.4 0.2 0.3 0.3 0.4
61 Articles of apparel and clothing accessories, knitted or crocheted​​ 21.9 20.4 13.3 15.8 17.0 15.4
62 Articles of apparel and clothing accessories, not knitted or crocheted 23.6 20.9 24.4 26.6 21.0 23.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 16.9 14.7 15.8 16.3 15.9 14.4
64 Footwear, gaiters and the like; parts of such articles 18.0 18.8 17.6 15.6 16.0 15.2
65 Headgear and parts thereof 1.5 1.8 1.0 1.8 2.2 1.1
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.4 0.2 0.2 0.3 0.2 0.1
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 1.1 1.3 1.3 2.0 0.7 0.9
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 20.2 18.9 19.4 17.9 23.4 15.1
69 Ceramic products 4.8 4.8 3.4 3.9 3.2 3.1
70 Glass and glassware​ 7.9 9.1 9.8 8.4 6.2 6.4
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 46.4 32.2 53.5 45.4 36.8 43.6
72 Iron and steel 27.0 6.2 7.8 7.7 4.2 3.8
73 Articles of iron or steel 385.6 192.5 54.3 74.6 119.6 83.4
74 Copper and articles thereof 4.7 3.7 5.0 3.0 1.8 10.6
75 Nickel and articles thereof 0.1 0.1 0.2 0.1 0.1 0.4
76 Aluminum and articles thereof 26.3 27.1 28.4 29.2 22.5 22.8
78 Lead and articles thereof 0.4 0.3 0.2 0.2 0.2 0.1
79 Zinc and articles thereof 0.4 0.5 0.2 0.3 0.4 0.8
80 Tin and articles thereof 0.8 0.2 0.1 0.1 0.2 0.2
81 Other base metals; cermets; articles thereof 1.0 3.9 2.8 5.0 0.6 0.4
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 31.2 24.1 23.8 19.1 16.1 15.5
83 Miscellaneous articles of base metal 10.5 9.1 10.1 10.2 8.6 9.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof​ 710.5 623.0 784.7 555.2 557.2 640.8
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 522.6 517.9 445.7 394.3 392.1 357.7
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 6.8 5.4 5.1 2.1 2.2 5.3
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 291.1 249.5 232.0 233.0 265.0 304.3
88 Aircraft, spacecraft and parts thereof​ 300.3 118.0 174.6 228.6 174.6 401.5
89 Ships, boats and floating structures 33.5 28.7 11.7 17.5 32.1 13.6
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 147.8 162.5 155.9 137.7 140.7 138.9
91 Clocks and watches and parts thereof​ 23.9 30.5 18.4 14.3 11.7 9.4
92 Musical instruments; parts and accessories of such articles 1.4 0.6 0.7 1.0 0.8 0.9
93 Arms and ammunition; parts and accessories thereof 5.8 8.0 2.1 1.7 1.5 1.2
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 67.5 51.0 53.9 53.7 45.2 51.1
95 Toys, games and sports requisites; parts and accessories thereof 71.3 75.8 63.3 66.5 58.0 58.2
96 Miscellaneous manufactured articles 17.8 20.5 19.9 20.0 19.4 22.7
97 Works of art, collectors’ pieces and antiques 4.1 1.9 1.3 1.0 1.1 6.3
99 Commodities not specified according to kind 450.5 443.0 328.4 242.3 261.6 284.1
Dynamics of US imports from Panama from 2013 to 2018 by product groups (in million US dollars)
HS
code
Name of product group 2013 2014 2015 2016 2017 2018
01 Live animals 0.0 0.0 0.0 0.1 0.1 0.1
03 Fish and crustaceans, molluscs and other aquatic invertebrates​ 109.3 101.4 96.6 94.9 95.8 98.4
05 Products of animal origin, not elsewhere specified or included 0 0 0.0 0.0 0.0 0.1
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.0 0.1 0.0 0.0 0.0
07 Edible vegetables and certain roots and tubers 2.4 2.8 2.2 3.4 0.8 1.0
08 Edible fruit and nuts; peel of citrus fruit or melons 12.4 10.1 9.2 8.0 5.0 6.1
09 Coffee, tea, maté and spices 7.1 7.5 7.5 7.3 6.5 5.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.1 0 0.1 0.0 0.1 0.1
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.0 0.1 0.2 0.2 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0 2.1 6.1 6.1 3.5
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.1 0 0 0 0 0.2
17 Sugars and sugar confectionery 19.4 14.8 20.9 28.7 24.9 30.7
18 Cocoa and cocoa preparations 0.1 0.4 0.2 0 0 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.7 0.7 0.6 0.2 0.0 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.3 0.2 0.2 0.1 1.1 0.6
21 Miscellaneous edible preparations 1.5 4.7 4.7 0.2 0.7 0.3
22 Beverages, spirits and vinegar 10.3 8.1 3.7 5.6 3.0 3.3
23 Residues and waste from the food industries; prepared animal feed 0.9 0.6 2.7 3.9 4.7 3.2
24 Tobacco and manufactured tobacco substitutes 4.6 2.8 7.3 4.7 0.3 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0 0.0 6.1 0.0 0.0 0.0
26 Ores, slag and ash 0.0 0 0.1 0 0 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5.0 8.6 0.7 1.5 0.0 55.1
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 2.7 1.0 0.1 0 0.0
29 Organic chemicals 0 0.2 0.3 0.1 0.1 0.2
30 Pharmaceutical products 9.5 0.7 0.5 1.1 0.3 2.2
31 Fertilizers 0.0 0.0 0.0 0.1 0 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.1 0.3 0.2 0.3 0.1 0.2
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 12.5 4.3 6.5 4.7 3.8 3.1
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.2 0.1 0.1 0.2 0.1 0.1
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.1 0 0.1 0.1 0 0
38 Miscellaneous chemical products 8.5 0.1 0.2 0.2 0.5 0.0
39 Plastics and articles thereof 1.1 1.2 2.8 6.4 8.3 6.3
40 Rubber and articles thereof 0.0 0.3 0.2 0.9 0.2 0.3
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.1 0.2 0.1 0.2 0.1 0.5
44 Wood and articles of wood; wood charcoal​ 2.9 0.8 1.1 0.5 0.4 0.6
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard​ 1.1 1.1 0.4 0.4 0.3 0.4
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1.3 1.0 0.5 0.7 0.1 0.2
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0 0 0.1 0.1 0 0
52 Cotton 0.0 0.2 0.0 0 0.0 0
54 Man-made filaments 0.1 0 0.0 0.0 0 0
55 Man-made staple fibers 0.1 0.0 0.0 0 0 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.1 0 0.0 0.0 0.0 0.0
57 Carpets and other textile floor coverings 0.0 0.0 0.1 0.0 0 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.1 0.0 0.0 0.0 0.0 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2.5 2.6 3.3 2.7 3.2 4.5
61 Articles of apparel and clothing accessories, knitted or crocheted​​ 0.4 0.2 0.6 0.4 0.3 1.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.6 0.5 1.1 1.0 2.4 0.4
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.1 0.0 0.0 0.1 0.0 0.1
64 Footwear, gaiters and the like; parts of such articles 0.4 0.6 0.3 0.1 0.2 1.0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.0 0.1 0 0 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3.2 0.0 0.0 0.5 0 0
69 Ceramic products 0.1 0.2 0.2 0.3 0.2 0.3
70 Glass and glassware​ 0.9 0.3 0.4 0.5 0.7 1.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 59.7 39.9 38.0 30.8 33.7 33.7
72 Iron and steel 1.4 1.4 2.5 0.9 0.2 1.2
73 Articles of iron or steel 1.0 0.2 0.5 0.4 0.4 0.8
74 Copper and articles thereof 3.7 3.7 3.7 1.6 9.7 8.6
76 Aluminum and articles thereof 8.1 10.9 7.7 7.9 7.5 7.4
78 Lead and articles thereof 0.2 2.6 1.6 0.9 2.4 0.8
79 Zinc and articles thereof 0 0 0 0 0 0.6
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.2 0.4 0.1 0.6 0.1 0.0
83 Miscellaneous articles of base metal 0.0 0.1 0.3 0.1 0.0 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof​ 3.6 3.3 9.3 7.4 7.6 14.7
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 19.0 9.6 12.3 12.5 19.6 13.2
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 0 0.0 0.3 0.1 0 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.8 0.3 0.2 0.2 0.5 0.3
88 Aircraft, spacecraft and parts thereof​ 0.1 0 0 0 0.0 0.5
89 Ships, boats and floating structures 0.0 5.1 0.2 0.0 0.1 0.1
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1.6 1.2 1.6 3.1 2.8 2.6
91 Clocks and watches and parts thereof​ 0.1 0.1 0.0 0.2 0.0 0.3
92 Musical instruments; parts and accessories of such articles 0 0.1 0.0 0.0 0 0.0
93 Arms and ammunition; parts and accessories thereof 0 0.2 0 0 0 0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 0.3 0.4 0.2 0.7 0.2 0.2
95 Toys, games and sports requisites; parts and accessories thereof 0.2 0.1 0.3 0.1 0.0 0.2
96 Miscellaneous manufactured articles 0.8 0.8 0.6 0.5 0.4 0.2
97 Works of art, collectors’ pieces and antiques 1.4 3.0 2.3 0.9 1.0 5.0
99 Commodities not specified according to kind 145.0 183.0 158.2 168.5 200.5 172.2
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce