Summary
- Share of its imports
- 12.2%
- Value imported
- $4.6billion
- Rank among its suppliers
- 3rd
- Products where it sells over 50%
- 67
- Products where it sells over 75%
- 31
- Dominated value
- $931million
- Share of total imports
- 2.5%
Trend
Trend in shares
The United States went from 8.1% to 12.2% of what Panama buys
Share (%)
- United States 12.2%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 1,140 | 8.1% | 3 |
| 1996 | 1,157 | 7.9% | 3 |
| 1997 | 1,283 | 8.8% | 3 |
| 1998 | 1,538 | 10.8% | 3 |
| 1999 | 1,599 | 10.6% | 3 |
| 2000 | 1,247 | 9% | 2 |
| 2001 | 1,155 | 9.5% | 3 |
| 2002 | 1,328 | 11.5% | 2 |
| 2003 | 1,442 | 11.2% | 2 |
| 2004 | 1,191 | 7.8% | 3 |
| 2005 | 1,293 | 7.5% | 3 |
| 2006 | 2,295 | 9.2% | 3 |
| 2007 | 3,272 | 11% | 3 |
| 2008 | 3,995 | 10.3% | 4 |
| 2009 | 3,150 | 7.9% | 5 |
| 2010 | 3,713 | 7.8% | 4 |
| 2011 | 4,095 | 8.1% | 4 |
| 2012 | 4,888 | 9.3% | 3 |
| 2013 | 5,064 | 11.4% | 3 |
| 2014 | 5,042 | 12.8% | 3 |
| 2015 | 4,498 | 13.8% | 3 |
| 2016 | 4,324 | 15% | 3 |
| 2017 | 4,369 | 13.7% | 3 |
| 2018 | 4,912 | 14.7% | 3 |
| 2019 | 5,095 | 15.1% | 3 |
| 2020 | 3,348 | 13.4% | 3 |
| 2021 | 4,345 | 15.3% | 2 |
| 2022 | 5,191 | 12.9% | 3 |
| 2023 | 4,541 | 13.7% | 2 |
| 2024 | 4,610 | 12.2% | 3 |
Products where the United States sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Corn | United States | 93.9%over 75% | Brazil · 4.6% | $126 million |
| Soybean meal and pellets | United States | 99.8%over 75% | Brazil · 0.09% | $97 million |
| Cheese | United States | 74.6% | New Zealand · 11.4% | $66 million |
| Rice | United States | 72.6% | Uruguay · 20.2% | $53 million |
| Natural gas and LPG | United States | 98.4%over 75% | Turkey · 0.59% | $53 million |
| Wheat | United States | 79.3%over 75% | Canada · 20.7% | $45 million |
| Beer | United States | 51.6% | Mexico · 16.9% | $34 million |
| Sauces and condiments | United States | 50.7% | Costa Rica · 19.7% | $32 million |
| Prepared meat | United States | 67.9% | Denmark · 20.7% | $32 million |
| Antibiotics | United States | 95.6%over 75% | China · 2.8% | $31 million |
| Pork | United States | 87%over 75% | Canada · 7.7% | $29 million |
| Frozen beef | United States | 86.4%over 75% | Uruguay · 5.3% | $26 million |
| Poultry meat | United States | 94.2%over 75% | Brazil · 3% | $25 million |
| Chocolate | United States | 50.6% | Colombia · 11% | $23 million |
| Kraft paper and paperboard | United States | 95.3%over 75% | Canada · 1.2% | $19 million |
| Soybeans | United States | 100%over 75% | Canada · 0.04% | $18 million |
| Sausages | United States | 90.1%over 75% | Spain · 6.4% | $18 million |
| Fuel and lubricant additives | United States | 68.8% | France · 11.6% | $16 million |
| Lubricant preparations | United States | 66% | South Korea · 11.8% | $16 million |
| PVC and other vinyl polymers | United States | 94.3%over 75% | Brazil · 2.3% | $15 million |
| Polyethylene | United States | 71.5% | South Korea · 8.9% | $13 million |
| Petroleum coke and bitumen | United States | 89%over 75% | Colombia · 8.9% | $12 million |
| Earthmoving and drilling machines | United States | 53.7% | China · 17.1% | $11 million |
| Live poultry | United States | 99.2%over 75% | France · 0.42% | $11 million |
| Aircraft parts | United States | 61% | Philippines · 18.9% | $10 million |
| Water | United States | 62.1% | France · 11.9% | $10 million |
| Edible offal | United States | 81.9%over 75% | Canada · 4.9% | $7 million |
| Yogurt and fermented milk | United States | 87.4%over 75% | Switzerland · 5.6% | $7 million |
| Plant waste for animal feed | United States | 99.2%over 75% | Italy · 0.36% | $6 million |
| Sawn wood | United States | 50.7% | Honduras · 20.3% | $5 million |
and 37 more
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Are there other suppliers in the world?
- The United States sells 23.9% of what the world exports of corn; next come Brazil (19.5%), Argentina (16.3%) and Ukraine (13.1%). The rest of the world exported 271.9 times what Panama buys from the United States.
- The United States sells 18.3% of what the world exports of soybean meal and pellets; next come Brazil (28.7%), Argentina (26.7%) and Netherlands (3%). The rest of the world exported 279.8 times what Panama buys from the United States.
- The United States sells 5.6% of what the world exports of cheese; next come Germany (14.9%), Italy (12.8%) and Netherlands (12.4%). The rest of the world exported 636.5 times what Panama buys from the United States.
- The United States sells 6.5% of what the world exports of rice; next come India (29.3%), Thailand (17.2%) and Vietnam (10.5%). The rest of the world exported 684.2 times what Panama buys from the United States.
- The United States sells 18% of what the world exports of natural gas and LPG; next come Norway (11%), Australia (10%) and Qatar (9.1%). The rest of the world exported 7,606.9 times what Panama buys from the United States.
- The United States sells 11.5% of what the world exports of wheat; next come Russia (16.1%), Canada (13.7%) and Australia (9.6%). The rest of the world exported 1,113.7 times what Panama buys from the United States.
- The United States sells 1.8% of what the world exports of beer; next come Mexico (37.5%), Netherlands (10.4%) and Belgium (9.8%). The rest of the world exported 525 times what Panama buys from the United States.
- The United States sells 12% of what the world exports of sauces and condiments; next come Italy (10%), Netherlands (7.1%) and China (6.9%). The rest of the world exported 535.7 times what Panama buys from the United States.
- The United States sells 7.6% of what the world exports of prepared meat; next come Thailand (14.7%), China (8.7%) and Germany (8.6%). The rest of the world exported 598.8 times what Panama buys from the United States.
- The United States sells 5.1% of what the world exports of antibiotics; next come China (45.7%), India (9%) and Italy (8.1%). The rest of the world exported 349.6 times what Panama buys from the United States.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from the United States
Panama is the United States’ 50th-largest customer, with 0.25% of its exports.
Links
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.