Mexico Imports from Panama

Mexico's imports from Panama fell to $49.28 million in 2024, down from $61.72 million in 2023, according to the UN Comtrade Database. This represents a decrease of 20.2% ($12.44 million) from the previous year. Top imports for Mexico from Panama were Fats and oils, edible fats, waxes ($29.37 million), Machinery, mechanical appliances, reactors ($8.22 million) and Electrical machinery and equipment ($3.73 million).

Mexico had a trade surplus with Panama that fell to $1.02B in 2024 from $1.24B in 2023. This is a decrease of 17.5% ($216.99 million).

Mexico Imports from Panama by Goods (2024)

The table below shows the ranking of Mexico imports from Panama by goods in 2024, highlighting the top imported goods.

Import Rank Imported Goods Import Value (USD) Year
1 Fats and oils, edible fats, waxes $29.37M 2024
2 Machinery, mechanical appliances, reactors $8.22M 2024
3 Electrical machinery and equipment; audio and video equipment $3.73M 2024
4 Plastics and plastic articles $2.46M 2024
5 Unspecified commodities $1.14M 2024
6 Dyes, pigments, tanning extracts, paints, inks $996,844 2024
7 Optical, medical, measuring instruments $825,944 2024
8 Miscellaneous chemical products $618,428 2024
9 Miscellaneous base metal articles $582,658 2024
10 Technical textile fabrics, coated fabrics $405,844 2024
11 Miscellaneous manufactured goods $335,869 2024
12 Beverages, spirits, vinegar $309,162 2024
13 Articles of iron or steel $154,224 2024
14 Rubber and rubber articles $51,253 2024
15 Furniture, bedding, lighting, prefabricated buildings $32,370 2024
16 Vehicles other than railway or tramway and parts $13,386 2024
17 Essential oils, perfumery, cosmetics $9,506 2024
18 Printed books, newspapers, printed matter $9,348 2024
19 Paper, paperboard and articles $4,964 2024
20 Tools, cutlery, base metal parts $2,609 2024
21 Other textile articles, worn clothing, rags $2,479 2024
22 Miscellaneous edible preparations $2,019 2024