Exports Merchandise, Customs, current US$, millions in Panama
Panama: Exports Merchandise, Customs, current US$, millions was 18,612 in 2025. ▲ Rising
Exports Merchandise, Customs, current US$, millions in Panama, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Panama recorded 18,612 for exports merchandise, customs, current us$, millions in 2025.
The figure is down 2.8% on the previous year and up 17.0% over ten years.
Over the whole period, exports merchandise, customs, current us$, millions in Panama peaked at 22,768 in 2008 and was at its lowest, 6,829, in 1991.
Panama ranks 69th of 128 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Exports Merchandise, Customs, current US$, millions in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 6,829 | — |
| 1992 | 9,614 | +40.8% |
| 1993 | 10,596 | +10.2% |
| 1994 | 11,201 | +5.7% |
| 1995 | 11,880 | +6.1% |
| 1996 | 11,793 | -0.7% |
| 1997 | 13,908 | +17.9% |
| 1998 | 15,182 | +9.2% |
| 1999 | 15,845 | +4.4% |
| 2000 | 16,546 | +4.4% |
| 2001 | 17,352 | +4.9% |
| 2002 | 16,130 | -7.0% |
| 2003 | 16,281 | +0.9% |
| 2004 | 17,928 | +10.1% |
| 2005 | 19,045 | +6.2% |
| 2006 | 20,397 | +7.1% |
| 2007 | 22,527 | +10.4% |
| 2008 | 22,768 | +1.1% |
| 2009 | 18,008 | -20.9% |
| 2010 | 15,647 | -13.1% |
| 2011 | 19,898 | +27.2% |
| 2012 | 21,829 | +9.7% |
| 2013 | 20,028 | -8.2% |
| 2014 | 17,943 | -10.4% |
| 2015 | 15,913 | -11.3% |
| 2016 | 12,933 | -18.7% |
| 2017 | 13,817 | +6.8% |
| 2018 | 14,754 | +6.8% |
| 2019 | 14,645 | -0.7% |
| 2020 | 11,601 | -20.8% |
| 2021 | 16,840 | +45.2% |
| 2022 | 20,443 | +21.4% |
| 2023 | 20,175 | -1.3% |
| 2024 | 19,146 | -5.1% |
| 2025 | 18,612 | -2.8% |
Panama compared with similar countries
- Panama's 18,612 is below the median for high income countries, which is 99,622, 19% of the median. (54 countries reporting)
- Panama's 18,612 is above the median for Latin America & Caribbean, which is 12,227, 1.5× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11,872 | 6,829 | 15,845 | 9 |
| 2000s | 18,698 | 16,130 | 22,768 | 10 |
| 2010s | 16,741 | 12,933 | 21,829 | 10 |
| 2020s | 17,803 | 11,601 | 20,443 | 6 |
Countries ranked near Panama
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is exports merchandise, customs, current us$, millions in Panama?
- Exports merchandise, customs, current us$, millions in Panama was 18,612 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$, millions recorded in Panama?
- The highest recorded value was 22,768 in 2008.
- What is the lowest exports merchandise, customs, current us$, millions recorded in Panama?
- The lowest recorded value was 6,829 in 1991.
- How does Panama rank for exports merchandise, customs, current us$, millions?
- Panama ranks 69th out of 128 countries with data for 2025.
- Is exports merchandise, customs, current us$, millions rising or falling in Panama?
- Over the last ten years it is up 17.0%. 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$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, not seasonally adjusted.