Exports Merchandise, Customs, current US$, millions, seas. adj. in Panama

Panama: Exports Merchandise, Customs, current US$, millions, seas. adj. was 18,613 in 2025. ▲ Rising

Latest (2025)
18,613
Change on year
down 2.7%
World rank
68th
of 127 countries
All-time high
22,835
in 2008
All-time low
6,834
in 1991
Years of data
35
1991–2025

Exports Merchandise, Customs, current US$, millions, seas. adj. in Panama, 1991–2025

5.0k10.0k15.0k20.0k25.0k1991200820251991: 6.8k1992: 9.6k1993: 10.6k1994: 11.2k1995: 11.9k1996: 11.7k1997: 13.8k1998: 15.1k1999: 15.9k2000: 16.4k2001: 17.4k2002: 16.3k2003: 16.4k2004: 18.2k2005: 19.4k2006: 20.7k2007: 22.7k2008: 22.8k2009: 18.1k2010: 15.6k2011: 19.8k2012: 21.9k2013: 20.1k2014: 17.9k2015: 16.0k2016: 12.9k2017: 13.8k2018: 14.8k2019: 14.6k2020: 11.6k2021: 16.8k2022: 20.4k2023: 20.2k2024: 19.1k2025: 18.6k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2025, exports merchandise, customs, current us$, millions, seas. adj. in Panama stood at 18,613.

Compared with earlier readings it is down 2.7% on the previous year and up 16.5% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Panama peaked at 22,835 in 2008 and was at its lowest, 6,834, in 1991.

Panama ranks 68th of 127 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Exports Merchandise, Customs, current US$, millions, seas. adj. in Panama, year by year

Annual values for Exports Merchandise, Customs, current US$, millions, seas. adj. in Panama, 1991 to 2025.
Year Value Change
1991 6,834 —
1992 9,600 +40.5%
1993 10,587 +10.3%
1994 11,180 +5.6%
1995 11,922 +6.6%
1996 11,750 -1.4%
1997 13,813 +17.6%
1998 15,106 +9.4%
1999 15,867 +5.0%
2000 16,430 +3.5%
2001 17,359 +5.7%
2002 16,252 -6.4%
2003 16,430 +1.1%
2004 18,243 +11.0%
2005 19,382 +6.2%
2006 20,725 +6.9%
2007 22,714 +9.6%
2008 22,835 +0.5%
2009 18,057 -20.9%
2010 15,634 -13.4%
2011 19,834 +26.9%
2012 21,884 +10.3%
2013 20,060 -8.3%
2014 17,950 -10.5%
2015 15,981 -11.0%
2016 12,924 -19.1%
2017 13,840 +7.1%
2018 14,753 +6.6%
2019 14,631 -0.8%
2020 11,584 -20.8%
2021 16,816 +45.2%
2022 20,442 +21.6%
2023 20,163 -1.4%
2024 19,139 -5.1%
2025 18,613 -2.7%

Panama compared with similar countries

  • Panama's 18,613 is below the median for high income countries, which is 99,612, 19% of the median. (54 countries reporting)
  • Panama's 18,613 is above the median for Latin America & Caribbean, which is 12,223, 1.5× the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 11,851 6,834 15,867 9
2000s 18,843 16,252 22,835 10
2010s 16,749 12,924 21,884 10
2020s 17,793 11,584 20,442 6

Countries ranked near Panama

  1. 65 Tunisia 21,329 compare
  2. 66 Estonia 20,977 compare
  3. 67 Guyana 20,043 compare
  4. 69 Jordan 17,174 compare
  5. 70 Luxembourg 17,052 compare
  6. 71 Myanmar 16,944 compare

See the full ranking of 137 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is exports merchandise, customs, current us$, millions, seas. adj. in Panama?
Exports merchandise, customs, current us$, millions, seas. adj. in Panama was 18,613 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Panama?
The highest recorded value was 22,835 in 2008.
What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in Panama?
The lowest recorded value was 6,834 in 1991.
How does Panama rank for exports merchandise, customs, current us$, millions, seas. adj.?
Panama ranks 68th out of 127 countries with data for 2025.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Panama?
Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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Exports Merchandise, Customs, current US$, millions, seas. adj. in Panama. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/exports-merchandise-customs-current-us-millions-seas-adj/panama/

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 4,327 data points, 1991–2025
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.