Imports Merchandise, Customs, current US$, millions, seas. adj. in Panama
Panama: Imports Merchandise, Customs, current US$, millions, seas. adj. was 14,188 in 2025. ◆ Volatile
Imports Merchandise, Customs, current US$, millions, seas. adj. in Panama, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2025, imports merchandise, customs, current us$, millions, seas. adj. in Panama stood at 14,188.
That represents a change of up 1.4% on the previous year and up 17.0% over ten years.
Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in Panama peaked at 15,187 in 2022 and was at its lowest, 1,693, in 1991.
That places Panama 88th out of 121 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports Merchandise, Customs, current US$, millions, seas. adj. in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,693 | — |
| 1992 | 2,023 | +19.5% |
| 1993 | 2,187 | +8.1% |
| 1994 | 2,402 | +9.8% |
| 1995 | 2,513 | +4.6% |
| 1996 | 2,786 | +10.9% |
| 1997 | 3,000 | +7.7% |
| 1998 | 3,350 | +11.7% |
| 1999 | 3,516 | +5.0% |
| 2000 | 3,414 | -2.9% |
| 2001 | 2,983 | -12.6% |
| 2002 | 3,030 | +1.6% |
| 2003 | 3,119 | +2.9% |
| 2004 | 3,584 | +14.9% |
| 2005 | 4,150 | +15.8% |
| 2006 | 4,813 | +16.0% |
| 2007 | 6,847 | +42.3% |
| 2008 | 8,994 | +31.4% |
| 2009 | 7,779 | -13.5% |
| 2010 | 9,150 | +17.6% |
| 2011 | 11,334 | +23.9% |
| 2012 | 12,611 | +11.3% |
| 2013 | 13,016 | +3.2% |
| 2014 | 13,717 | +5.4% |
| 2015 | 12,130 | -11.6% |
| 2016 | 11,693 | -3.6% |
| 2017 | 12,693 | +8.6% |
| 2018 | 13,250 | +4.4% |
| 2019 | 12,895 | -2.7% |
| 2020 | 8,188 | -36.5% |
| 2021 | 11,494 | +40.4% |
| 2022 | 15,187 | +32.1% |
| 2023 | 14,466 | -4.8% |
| 2024 | 13,997 | -3.2% |
| 2025 | 14,188 | +1.4% |
Panama compared with similar countries
- Panama's 14,188 is below the median for high income countries, which is 126,558, 11% of the median. (51 countries reporting)
- Panama's 14,188 is below the median for Latin America & Caribbean, which is 20,815, 68% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,608 | 1,693 | 3,516 | 9 |
| 2000s | 4,871 | 2,983 | 8,994 | 10 |
| 2010s | 12,249 | 9,150 | 13,717 | 10 |
| 2020s | 12,920 | 8,188 | 15,187 | 6 |
Countries ranked near Panama
- 85 Bosnia and Herzegovina 17,302 compare
- 86 Bahrain 16,364 compare
- 87 Cyprus 15,674 compare
- 89 North Macedonia 13,038 compare
- 90 Armenia 13,009 compare
- 91 Kyrgyzstan 12,960 compare
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 imports merchandise, customs, current us$, millions, seas. adj. in Panama?
- Imports merchandise, customs, current us$, millions, seas. adj. in Panama was 14,188 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in Panama?
- The highest recorded value was 15,187 in 2022.
- What is the lowest imports merchandise, customs, current us$, millions, seas. adj. recorded in Panama?
- The lowest recorded value was 1,693 in 1991.
- How does Panama rank for imports merchandise, customs, current us$, millions, seas. adj.?
- Panama ranks 88th out of 121 countries with data for 2025.
- Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Panama?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is volatile.
- 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 Imports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.