Panama

-0.12

Econ Complexity 43rd of 89
1980
2016

$9.9B

Exports 68th of 120
1980
2016

$9.1B

Imports 72nd of 120
1980
2016

$23k

GDP Per Capita 37th of 89
1990
2016
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Looking for commercial partners in Panama? List your company on Macro Market.

Panama is the 68th largest export economy in the world and the 44th most complex economy according to the Economic Complexity Index (ECI). In 2016, Panama exported $9.9B and imported $9.1B, resulting in a positive trade balance of $801M. In 2016 the GDP of Panama was $55.2B and its GDP per capita was $23k.

The top exports of Panama are Packaged Medicaments ($1.5B), Sulfonamides ($846M), Oxygen Amino Compounds ($810M), Perfumes ($339M) and Rubber Footwear ($316M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Packaged Medicaments ($1.29B), Sulfonamides ($870M), Oxygen Amino Compounds ($758M), Rubber Footwear ($335M) and Perfumes ($291M).

The top export destinations of Panama are the United States ($2.31B), Colombia ($1.06B), Costa Rica ($752M), Venezuela ($602M) and the Dominican Republic ($541M). The top import origins are China ($6.34B), the United States ($6.12B), Japan ($5.66B), Singapore ($4.91B) and Colombia ($1.91B).

Panama borders Costa Rica and Colombia by land and Colombia and Ecuador by sea.

Economic Complexity of Panama

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