Panama exports 2019 and 2018 are counted to have the (approx.) value of $4.95 Billion as per Panama export data. There is a difference in export value for 2019, gained by $21 Million.
As per International and Panama trade data, Panama ranks at 104th position among the top exporting countries of the world. Panama export statistics shows that the top exported product was ‘Mineral Fuels & Oils’. While the biggest exporting partner in countries was ‘Ecuador’ as per the export statistics of Panama.
Panama trade statistics helps various businesses in certain ways in conducting the operation related to business and the decisions related to the operations. Panama export data and trade statistics of Panama both individually helps in certain areas of a particular business.
Panama export data is derived from the Panama customs data, later on, called as Panama shipment data. The data consists of different fields which reveals information. Let’s talk about the kind of data we provide and how Panama export statistics is significant to your business. Meanwhile, you can get a sample data or you can do a live search on Export Genius.
Panama export data, as aforementioned, is represented in the form of Panama shipment data. The shipment consists of different fields. The major fields are – Date, Product Description, Exporter Name, Destination Country, HS Code, Quantity, Unit, Weight, Total Value, Port, etc.
The information(s) we provide is sourced from authorized Panamanian Shipping & Logistics Companies, Port Authorities, Trade Associations, Government Bodies, Customs Departments and other authoritative links. Panama export data is available since January 2010 to the present as per our databases records. There are a total number of 40,000+ shipment records for Panama customs data available in our database, along with a total number of 2,000+ exporters.
Panama shipment data we provide consists of different fields, which reveals information about the particular outbound shipment. The information obtained contains the description of the product, its quantity, net weight, total value along with the information on exporter’s name, country of destination, and port name. Look at the Panama export data shown on the right to understand.
| Date | 44013 | ||
|---|---|---|---|
| Exporter Name | ***** | Destination Country | Venezuela |
| Hs Code | 2.93e+11 | Product Description | Metronidazole (Antiparasitic). |
| Unit Of Quantity | Carton (Carton) | Quantity | 1750 |
| Net Weight | 20181 | Gross Weight | 20181 |
| Packages | 20181 | Fob Value | 113750 |
| Trans Type | Maritime | Port Name | Colon Container Terminal |
| Customs Zone | North Zone (Colon) | ||
Main exports of Panama for year 2019 consists of Mineral Fuels & Oils with a share of 23.1% ($1,140 Million), Ores, Slag & Ash with a share of 10.9% ($538 Million), Ships & Boats with a share of 8.8% ($440 Million), Edible Fruits & Nuts with a share of 7.8% ($386 Million), Pharmaceutical Products with a share of 6.1% ($305 Million), and so on, as per the Panama export data shown on the right.
As we can see in the Panama trade data, the top exported product was ‘Mineral Fuels & Oils’. While the least exported among these top exported products was ’Vehicles’ as per the export data of Panama. We can conclude from the following information that businesses dealing in the first sector will be able to generate good fortunes with right operation and decision making, while businesses in the second sector have to consider the uncertainties and study the factors for vehicles’ low demand.
According to Panama export data 2019, the top exporting countries of Panama are Ecuador with a share of 19.7% ($975 million total exports), Guatemala with a share of 13.5% ($667 million total exports), China with a share of 8.2% ($410 million total exports), USA with a share of 6.2% ($308 million total exports), Netherlands with a share of 5.6% ($280 million total exports), and so on.
Panama export data shows ‘Ecuador’ as the top exporting country of Panama. Panama trade data shows that top exports Panama has done to Ecuador are for products – pharmaceutical products, electronics, and industrial machinery.
The assumption that can be made here from the following observation, Ecuador relies on Panama for these different products. Hence, Ecuador is the top exporting partner in this Panama export data. Look at these statistics to understand and observe.
