United States Exports to Panama
The United States' exports to Panama fell to $10.7 billion in 2024, down from $11.2 billion in 2023, according to the UN Comtrade Database. This represents a decrease of 4.5% ($504.07 million) from the previous year. Top exports from the United States to Panama were Mineral fuels, oils, waxes, bitumen ($5.45 billion), Aircraft, spacecraft, parts ($631.88 million) and Unspecified commodities ($534.56 million).
United States had a trade surplus with Panama that fell to $10.12B in 2024 from $10.65B in 2023. This is a decrease of 5% ($531.3 million).
United States Exports to Panama by Goods (2024)
The table below shows the ranking of US exports to Panama by goods in 2024, highlighting the top exported goods.
| Export Rank | Exported Goods | Export Value (USD) ↓ | Year |
|---|---|---|---|
| 1 | Mineral fuels, oils, waxes, bitumen | $5.45B | 2024 |
| 2 | Aircraft, spacecraft, parts | $631.88M | 2024 |
| 3 | Unspecified commodities | $534.56M | 2024 |
| 4 | Organic chemicals | $478.16M | 2024 |
| 5 | Machinery, mechanical appliances, reactors | $474.37M | 2024 |
| 6 | Electrical machinery and equipment; audio and video equipment | $421.15M | 2024 |
| 7 | Pharmaceutical products | $358.75M | 2024 |
| 8 | Beverages, spirits, vinegar | $281.61M | 2024 |
| 9 | Essential oils, perfumery, cosmetics | $211.31M | 2024 |
| 10 | Cereals | $207.88M | 2024 |
| 11 | Vehicles other than railway or tramway and parts | $152.34M | 2024 |
| 12 | Food industry residues, animal feed | $128.47M | 2024 |
| 13 | Optical, medical, measuring instruments | $128.33M | 2024 |
| 14 | Meat and edible offal | $111.76M | 2024 |
| 15 | Plastics and plastic articles | $104.06M | 2024 |
| 16 | Miscellaneous edible preparations | $98.44M | 2024 |
| 17 | Dairy, eggs, honey, other animal products | $95.11M | 2024 |
| 18 | Miscellaneous chemical products | $49.38M | 2024 |
| 19 | Prepared vegetables, fruits, nuts | $47.01M | 2024 |
| 20 | Furniture, bedding, lighting, prefabricated buildings | $41.18M | 2024 |
| 21 | Cereal, flour, starch, milk preparations, bakery | $40.33M | 2024 |
| 22 | Soap, detergents, waxes, candles, dental products | $35.76M | 2024 |
| 23 | Toys, games, sports goods | $35.59M | 2024 |
| 24 | Dyes, pigments, tanning extracts, paints, inks | $35.40M | 2024 |
| 25 | Prepared meat, fish, crustaceans, insects | $33.05M | 2024 |
| 26 | Paper, paperboard and articles | $32.96M | 2024 |
| 27 | Articles of iron or steel | $29.41M | 2024 |
| 28 | Non-knitted clothing | $27.46M | 2024 |
| 29 | Rubber and rubber articles | $25.69M | 2024 |
| 30 | Knitted or crocheted clothing | $24.32M | 2024 |
| 31 | Pearls, precious stones, metals, jewelry, coins | $23.77M | 2024 |
| 32 | Oilseeds, grains, fodder, medicinal plants | $23.00M | 2024 |
| 33 | Edible fruits and nuts, citrus or melon peel | $20.10M | 2024 |
| 34 | Other textile articles, worn clothing, rags | $20.05M | 2024 |
| 35 | Cocoa and cocoa preparations | $19.53M | 2024 |
| 36 | Articles of stone, cement, mica, asbestos | $15.37M | 2024 |
| 37 | Ships, boats, floating structures | $15.22M | 2024 |
| 38 | Fats and oils, edible fats, waxes | $15.09M | 2024 |
| 39 | Leather goods, bags, saddlery, travel goods | $14.69M | 2024 |
| 40 | Miscellaneous manufactured goods | $14.49M | 2024 |
| 41 | Edible vegetables, roots, tubers | $14.43M | 2024 |
| 42 | Wood and wood products, charcoal | $12.68M | 2024 |
| 43 | Footwear and parts | $12.01M | 2024 |
| 44 | Live animals | $10.87M | 2024 |
| 45 | Tools, cutlery, base metal parts | $10.75M | 2024 |
| 46 | Tobacco, nicotine products and substitutes | $9.89M | 2024 |
| 47 | Miscellaneous base metal articles | $9.36M | 2024 |
| 48 | Clocks, watches, parts | $8.51M | 2024 |
| 49 | Arms, ammunition, parts | $8.25M | 2024 |
| 50 | Railway locomotives, rolling stock, track equipment | $7.74M | 2024 |
| 51 | Glues, enzymes, modified starches | $7.49M | 2024 |
| 52 | Aluminium and aluminium articles | $7.23M | 2024 |
| 53 | Sugar and confectionery | $7.09M | 2024 |
| 54 | Fertilizers | $5.42M | 2024 |
| 55 | Glass and glassware | $5.41M | 2024 |
| 56 | Technical textile fabrics, coated fabrics | $5.34M | 2024 |
| 57 | Printed books, newspapers, printed matter | $5.34M | 2024 |
| 58 | Inorganic chemicals, precious metal compounds, isotopes | $4.88M | 2024 |
| 59 | Coffee, tea, mate, spices | $4.02M | 2024 |
| 60 | Milling products, malt, starch, inulin, wheat gluten | $3.64M | 2024 |
| 61 | Salt, sulphur, stone, cement | $3.56M | 2024 |
| 62 | Works of art, antiques | $3.23M | 2024 |
| 63 | Iron and steel | $3.07M | 2024 |
| 64 | Headgear | $2.16M | 2024 |
| 65 | Ceramic products | $2.01M | 2024 |
| 66 | Fish, crustaceans, molluscs, aquatic invertebrates | $1.89M | 2024 |
| 67 | Animal products | $1.73M | 2024 |
| 68 | Carpets and textile floor coverings | $1.58M | 2024 |
| 69 | Copper and copper articles | $1.46M | 2024 |
| 70 | Lac, gums, resins, vegetable extracts | $1.39M | 2024 |
| 71 | Wadding, felt, twine, ropes, cords | $1.33M | 2024 |
| 72 | Nickel and nickel articles | $1.05M | 2024 |
| 73 | Other base metals, cermets | $945,011 | 2024 |
| 74 | Musical instruments, parts | $911,708 | 2024 |
| 75 | Feathers, down, artificial flowers, human hair goods | $810,504 | 2024 |
| 76 | Zinc and zinc articles | $695,063 | 2024 |
| 77 | Photographic and cinematographic goods | $684,729 | 2024 |
| 78 | Wool and animal hair fabrics | $631,508 | 2024 |
| 79 | Live plants, bulbs, roots, cut flowers, foliage | $573,054 | 2024 |
| 80 | Cotton | $494,442 | 2024 |
| 81 | Pulp, recovered paper, paperboard | $347,034 | 2024 |
| 82 | Special woven fabrics, lace, embroidery | $320,634 | 2024 |
| 83 | Knitted or crocheted fabrics | $308,883 | 2024 |
| 84 | Man-made filaments | $307,996 | 2024 |
| 85 | Explosives, pyrotechnics, matches | $307,021 | 2024 |
| 86 | Man-made staple fibres | $209,007 | 2024 |
| 87 | Umbrellas, canes, whips, riding crops | $187,359 | 2024 |
| 88 | Furskins and artificial fur | $184,010 | 2024 |
| 89 | Vegetable plaiting materials, other vegetable products | $98,882 | 2024 |
| 90 | Ores, slag, ash | $96,229 | 2024 |
| 91 | Tin and tin articles | $93,091 | 2024 |
| 92 | Vegetable textile fibres, paper yarn | $79,747 | 2024 |
| 93 | Lead and lead articles | $51,719 | 2024 |
| 94 | Raw hides, skins, leather | $28,942 | 2024 |
| 95 | Cork and cork products | $3,960 | 2024 |
| 96 | Basketware, wickerwork, straw goods | $3,074 | 2024 |
United States Exports to Panama (1991-2024)
The table below shows historical data for US exports to Panama by year, expressed in Billion USD.
| Year | Export Value (Billion USD) |
|---|---|
| 2024 | 10.70 |
| 2023 | 11.20 |
| 2022 | 12.03 |
| 2021 | 8.27 |
| 2020 | 5.77 |
| 2019 | 7.72 |
| 2018 | 6.84 |
| 2017 | 6.29 |
| 2016 | 6.06 |
| 2015 | 7.66 |
| 2014 | 10.46 |
| 2013 | 10.56 |
| 2012 | 9.82 |
| 2011 | 8.25 |
| 2010 | 6.06 |
| 2009 | 4.36 |
| 2008 | 4.91 |
| 2007 | 3.73 |
| 2006 | 2.70 |
| 2005 | 2.16 |
| 2004 | 1.77 |
| 2003 | 1.85 |
| 2002 | 1.41 |
| 2001 | 1.33 |
| 2000 | 1.61 |
| 1999 | 1.74 |
| 1998 | 1.75 |
| 1997 | 1.54 |
| 1996 | 1.38 |
| 1995 | 1.39 |
| 1994 | 1.28 |
| 1993 | 1.19 |
| 1992 | 1.10 |
| 1991 | 0.98 |