Saudi Arabia Exports to Panama

Saudi Arabia's exports to Panama fell to $2.3 million in 2024, down from $5.71 million in 2023, according to the UN Comtrade Database. This represents a decrease of 59.7% ($3.41 million) from the previous year. Top exports from Saudi Arabia to Panama were Inorganic chemicals, precious metal compounds, isotopes ($609,223.98), Machinery, mechanical appliances, reactors ($540,221.85), Fertilizers ($484,646.39).

Saudi Arabia moved from a trade surplus with Panama of $4.05 million in 2023 to a deficit of $3.78 million in 2024. This represents a reversal of $7.83 million (193.5%).

Saudi Arabia Exports to Panama by Goods (2024)

The table below shows the ranking of Saudi Arabia exports to Panama by goods in 2024, highlighting the top exported goods.

Export Rank Exported Goods Export Value (USD) Year
1 Inorganic chemicals, precious metal compounds, isotopes $609,223.98 2024
2 Machinery, mechanical appliances, reactors $540,221.85 2024
3 Fertilizers $484,646.39 2024
4 Articles of stone, cement, mica, asbestos $157,337.60 2024
5 Glass and glassware $154,099.20 2024
6 Essential oils, perfumery, cosmetics $140,006.40 2024
7 Articles of iron or steel $88,251.73 2024
8 Vehicles other than railway or tramway and parts $73,998.13 2024
9 Rubber and rubber articles $38,692.00 2024
10 Edible fruits and nuts, citrus or melon peel $8,370.13 2024
11 Optical, medical, measuring instruments $2,547.20 2024
12 Electrical machinery and equipment; audio and video equipment $2,520 2024
13 Unspecified commodities $2,455.47 2024
14 Plastics and plastic articles $1,996 2024
15 Cork and cork products $559.47 2024