Imports Merchandise, Customs, current US$, millions in Panama
Panama: Imports Merchandise, Customs, current US$, millions was 14,156 in 2025. ◆ Volatile
Imports Merchandise, Customs, current US$, millions in Panama, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Panama recorded 14,156 for imports merchandise, customs, current us$, millions in 2025.
The figure is up 1.2% on the previous year and up 16.7% over ten years.
Over the whole period, imports merchandise, customs, current us$, millions in Panama peaked at 15,190 in 2022 and was at its lowest, 1,695, in 1991.
That places Panama 90th out of 118 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports Merchandise, Customs, current US$, millions in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,695 | — |
| 1992 | 2,024 | +19.4% |
| 1993 | 2,188 | +8.1% |
| 1994 | 2,404 | +9.9% |
| 1995 | 2,511 | +4.4% |
| 1996 | 2,780 | +10.7% |
| 1997 | 3,002 | +8.0% |
| 1998 | 3,350 | +11.6% |
| 1999 | 3,516 | +5.0% |
| 2000 | 3,405 | -3.1% |
| 2001 | 2,986 | -12.3% |
| 2002 | 3,035 | +1.6% |
| 2003 | 3,122 | +2.9% |
| 2004 | 3,592 | +15.1% |
| 2005 | 4,153 | +15.6% |
| 2006 | 4,818 | +16.0% |
| 2007 | 6,870 | +42.6% |
| 2008 | 9,010 | +31.2% |
| 2009 | 7,800 | -13.4% |
| 2010 | 9,144 | +17.2% |
| 2011 | 11,340 | +24.0% |
| 2012 | 12,634 | +11.4% |
| 2013 | 13,035 | +3.2% |
| 2014 | 13,707 | +5.2% |
| 2015 | 12,129 | -11.5% |
| 2016 | 11,697 | -3.6% |
| 2017 | 12,724 | +8.8% |
| 2018 | 13,233 | +4.0% |
| 2019 | 12,836 | -3.0% |
| 2020 | 8,178 | -36.3% |
| 2021 | 11,520 | +40.9% |
| 2022 | 15,190 | +31.9% |
| 2023 | 14,482 | -4.7% |
| 2024 | 13,992 | -3.4% |
| 2025 | 14,156 | +1.2% |
Panama compared with similar countries
- Panama's 14,156 is below the median for high income countries, which is 136,256, 10% of the median. (50 countries reporting)
- Panama's 14,156 is below the median for Latin America & Caribbean, which is 20,829, 68% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,608 | 1,695 | 3,516 | 9 |
| 2000s | 4,879 | 2,986 | 9,010 | 10 |
| 2010s | 12,248 | 9,144 | 13,707 | 10 |
| 2020s | 12,920 | 8,178 | 15,190 | 6 |
Countries ranked near Panama
- 87 Bosnia and Herzegovina 17,312 compare
- 88 Bahrain 16,364 compare
- 89 Cyprus 15,686 compare
- 91 North Macedonia 13,048 compare
- 92 Armenia 13,035 compare
- 93 Kyrgyzstan 12,973 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$, millions in Panama?
- Imports merchandise, customs, current us$, millions in Panama was 14,156 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$, millions recorded in Panama?
- The highest recorded value was 15,190 in 2022.
- What is the lowest imports merchandise, customs, current us$, millions recorded in Panama?
- The lowest recorded value was 1,695 in 1991.
- How does Panama rank for imports merchandise, customs, current us$, millions?
- Panama ranks 90th out of 118 countries with data for 2025.
- Is imports merchandise, customs, current us$, millions rising or falling in Panama?
- Over the last ten years it is up 16.7%. 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$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, not seasonally adjusted.