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Where does Panama get its cargo and passenger ships? Import sources 2024

In 2024, Panama imported $7.2 billion of cargo and passenger ships (2.2 million tonnes), 8.5% of the world total. Japan sold 54% of the total, followed by China (32%) and South Korea (12%). Panama was the world’s 3rd-largest importer of cargo and passenger ships.

Summary

Value
$7.2billion
Tonnes
2.2million tonnes
Share of world total
8.5%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 18 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Japan3.9Tonnes: 191,714USD per tonne: $20,57254.4%Air
China2.3Tonnes: 1,554,603USD per tonne: $1,48731.9%Sea
South Korea0.88Tonnes: 368,088USD per tonne: $2,39312.2%Sea
Turkey0.03Tonnes: 6,244USD per tonne: $4,7490.41%Sea
Germany0.02Tonnes: 20,480USD per tonne: $1,0420.29%Sea
Angola0.02Tonnes: 23USD per tonne: $881,7710.29%Air
Italy0.02Tonnes: 6,655USD per tonne: $2,2900.21%Sea
Spain0.01Tonnes: 120USD per tonne: $55,5440.09%Air
Thailand0.01Tonnes: 5,683USD per tonne: $9980.08%Sea
Peru0.01Tonnes: 28,278USD per tonne: $1860.07%Sea
Poland< 0.01Tonnes: 1,208USD per tonne: $1,1540.02%Sea
Cyprus< 0.01Tonnes: 786USD per tonne: $1,6240.02%Sea
Trinidad and Tobago< 0.01Tonnes: 1,100USD per tonne: $9130.01%Sea
Denmark< 0.01Tonnes: 33USD per tonne: $23,4190.01%Sea
Colombia< 0.01Tonnes: 10USD per tonne: $46,7550.01%Land
United States< 0.01Tonnes: 438USD per tonne: $1320%Sea
Singapore re-exports< 0.01Tonnes: 10USD per tonne: $1,9970%Sea
Ecuador< 0.01Tonnes: 1USD per tonne: $9,6150%Sea

Trend

Who it buys from

Japan was its main source throughout the period

Value in USD billions. The five largest sources in 2024.

  • Japan 3.9
  • China 2.3
  • South Korea 0.88
  • Turkey 0.03
  • Germany 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
Japan6.53.9
China< 0.012.3
South Korea1.70.88
Turkey00.03
Germany0.010.02

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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