Panama: Exports, billion dollars

* indicates monthly or quarterly data series
 Panama

Exports of goods and services, billion USD

 Latest value 36.67
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 9.20
 Min - Max 0.25 - 36.67
 Source The World Bank
The latest value from 2022 is 36.67 billion U.S. dollars, an increase from 27.71 billion U.S. dollars in 2021. In comparison, the world average is 185.14 billion U.S. dollars, based on data from 161 countries. Historically, the average for Panama from 1960 to 2022 is 9.2 billion U.S. dollars. The minimum value, 0.25 billion U.S. dollars, was reached in 1960 while the maximum of 36.67 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Panama - Exports, billion dollars - Recent values chart

Historical series
Panama - Exports, billion dollars - historical chart - 1960-2022




Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 106.47 2021 percent
 Trade openness 95.91 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 47.92 2022 percent
 Exports, billion dollars 36.67 2022 billion U.S. dollars
 Growth of exports 26.19 2022 percent
 Imports, percent of GDP 47.99 2022 percent
 Imports, billion dollars 36.72 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.79 2023 percent
 Foreign Direct Investment, billion dollars 3.00 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP -0.62 2022 percent
 Current account, in dollars -3.74 2023 billion U.S. dollars
 Trade balance, percent of GDP -0.07 2022 percent
 Trade balance, in dollars 0.43 2023 billion U.S. dollars
 Reserves 6.76 2023 billion U.S. dollars
 Remittances, percent of GDP 0.64 2023 percent
 Remittances 529.96 2023 million U.S. dollars
 Net errors and omissions 1,487.46 2023 million USD
 External debt 199.08 2020 percent
 Short-term external debt 32.77 2020 percent
 Short-term debt to reserves 371.04 2020 percent
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