Thailand Exports to Panama

Thailand's exports to Panama rose to $363.01 million in 2024, up from $175.11 million in 2023, according to the UN Comtrade Database. This represents an increase of 107.3% ($187.9 million) from the previous year. Top exports from Thailand to Panama were Machinery, mechanical appliances, reactors ($243.99 million), Vehicles other than railway or tramway ($59.24 million) and Electrical machinery and equipment ($13.70 million).

Thailand moved from a trade deficit with Panama of $169.35M in 2023 to a surplus of $213.83M in 2024. This represents a reversal of $383.18 million (226.3%).

Thailand Exports to Panama by Goods (2024)

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

Export Rank Exported Goods Export Value (USD) Year
1 Machinery, mechanical appliances, reactors $243.99M 2024
2 Vehicles other than railway or tramway and parts $59.24M 2024
3 Electrical machinery and equipment; audio and video equipment $13.70M 2024
4 Prepared meat, fish, crustaceans, insects $11.37M 2024
5 Rubber and rubber articles $7.25M 2024
6 Ships, boats, floating structures $5.78M 2024
7 Knitted or crocheted clothing $4.19M 2024
8 Pearls, precious stones, metals, jewelry, coins $2.35M 2024
9 Prepared vegetables, fruits, nuts $2.12M 2024
10 Toys, games, sports goods $2.03M 2024
11 Optical, medical, measuring instruments $1.81M 2024
12 Plastics and plastic articles $1.66M 2024
13 Dyes, pigments, tanning extracts, paints, inks $1.23M 2024
14 Articles of iron or steel $1.02M 2024
15 Non-knitted clothing $786,720.35 2024
16 Miscellaneous edible preparations $746,867.78 2024
17 Footwear and parts $708,450.19 2024
18 Cereals $691,490.49 2024
19 Miscellaneous manufactured goods $569,211.80 2024
20 Beverages, spirits, vinegar $443,381.04 2024
21 Soap, detergents, waxes, candles, dental products $291,090.69 2024
22 Food industry residues, animal feed $123,825.32 2024
23 Mineral fuels, oils, waxes, bitumen $121,847.19 2024
24 Cereal, flour, starch, milk preparations, bakery $93,994.88 2024
25 Milling products, malt, starch, inulin, wheat gluten $90,858.19 2024
26 Wadding, felt, twine, ropes, cords $90,426.76 2024
27 Other textile articles, worn clothing, rags $64,601.04 2024
28 Wood and wood products, charcoal $55,061.76 2024
29 Fish, crustaceans, molluscs, aquatic invertebrates $45,000 2024
30 Oilseeds, grains, fodder, medicinal plants $40,567.58 2024
31 Ceramic products $31,158.36 2024
32 Furniture, bedding, lighting, prefabricated buildings $30,717.20 2024
33 Musical instruments, parts $28,453.57 2024
34 Essential oils, perfumery, cosmetics $26,520.79 2024
35 Copper and copper articles $24,875.07 2024
36 Articles of stone, cement, mica, asbestos $22,294.37 2024
37 Miscellaneous base metal articles $18,781.85 2024
38 Live plants, bulbs, roots, cut flowers, foliage $17,786.33 2024
39 Pharmaceutical products $17,460 2024
40 Special woven fabrics, lace, embroidery $17,150.22 2024
41 Headgear $14,736.47 2024
42 Aluminium and aluminium articles $13,644.03 2024
43 Miscellaneous chemical products $7,675.71 2024
44 Leather goods, bags, saddlery, travel goods $7,189.88 2024
45 Glass and glassware $7,113.16 2024
46 Paper, paperboard and articles $4,397.27 2024
47 Tools, cutlery, base metal parts $4,182.84 2024
48 Technical textile fabrics, coated fabrics $3,318.77 2024
49 Salt, sulphur, stone, cement $1,565.74 2024
50 Aircraft, spacecraft, parts $1,078.50 2024
51 Printed books, newspapers, printed matter $516.14 2024
52 Clocks, watches, parts $313.12 2024
53 Umbrellas, canes, whips, riding crops $157.24 2024
54 Carpets and textile floor coverings $114.67 2024
55 Works of art, antiques $70 2024
56 Knitted or crocheted fabrics $5 2024
57 Edible fruits and nuts, citrus or melon peel $1.64 2024
58 Cotton $0.99 2024