# Panama Import Demand Profile: Data, Sectors & Suppliers | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.

Explore import demand for Panama with OECD trade data: sectors, suppliers, economy context, and trade history.

Canonical: https://www.yugalinks.com/trade/country-import/PAN

## Panama import demand overview

In 2024, Panama recorded $56.2B in reported imports. Ships and boats was the largest displayed import sector by value.

## Country snapshot

| Measure | Value |
| --- | ---: |
| Latest imports | $56.2B |
| Import growth | +8.8% |
| Population | 4.5M |
| GDP per capita | $19.2K |
| Trade openness | 84.5% |

## Import sectors

| Rank | HS2 | Sector | Imports | Share | Import partners | Active HS6 |
| ---: | --- | --- | ---: | ---: | ---: | ---: |
| 1 | 89 | Ships and boats | $7.7B | 13.6% | 44 | 17 |
| 2 | 85 | Electrical machinery | $2.3B | 4.1% | 98 | 262 |
| 3 | 27 | Mineral fuels | $20.3B | 36.1% | 68 | 40 |
| 4 | 03 | Fish and crustaceans | $40.1M | 0.1% | 34 | 193 |
| 5 | 08 | Edible fruit and nuts | $86.9M | 0.2% | 39 | 66 |
| 6 | 84 | Machinery | $3.2B | 5.7% | 100 | 515 |
| 7 | 30 | Pharmaceutical products | $1.5B | 2.7% | 78 | 41 |
| 8 | 99 | HS2 sector 99 | $5.4B | 9.5% | 10 | 1 |
| 9 | 71 | Precious stones and metals | $337.3M | 0.6% | 58 | 45 |
| 10 | 64 | Footwear | $709.3M | 1.3% | 78 | 25 |

## Import history

| Year | Imports | Exports | Balance |
| ---: | ---: | ---: | ---: |
| 1995 | $15.8B | $2.5B | -$13.3B |
| 1996 | $16.1B | $2.5B | -$13.6B |
| 1997 | $16.3B | $2.3B | -$14.0B |
| 1998 | $15.5B | $2.0B | -$13.5B |
| 1999 | $16.5B | $2.1B | -$14.4B |
| 2000 | $16.2B | $2.3B | -$13.9B |
| 2001 | $14.2B | $2.8B | -$11.3B |
| 2002 | $13.4B | $2.8B | -$10.7B |
| 2003 | $15.3B | $3.0B | -$12.4B |
| 2004 | $18.7B | $3.2B | -$15.5B |
| 2005 | $21.9B | $4.0B | -$18.0B |
| 2006 | $27.2B | $8.0B | -$19.1B |
| 2007 | $33.3B | $8.4B | -$24.9B |
| 2008 | $45.6B | $9.5B | -$36.1B |
| 2009 | $39.9B | $9.5B | -$30.4B |
| 2010 | $54.0B | $9.8B | -$44.1B |
| 2011 | $59.5B | $12.5B | -$47.0B |
| 2012 | $65.0B | $11.5B | -$53.6B |
| 2013 | $54.7B | $10.7B | -$43.9B |
| 2014 | $47.0B | $9.6B | -$37.5B |
| 2015 | $35.8B | $8.6B | -$27.3B |
| 2016 | $31.3B | $7.7B | -$23.5B |
| 2017 | $34.5B | $7.8B | -$26.7B |
| 2018 | $37.8B | $7.6B | -$30.2B |
| 2019 | $38.4B | $7.7B | -$30.7B |
| 2020 | $32.6B | $6.1B | -$26.5B |
| 2021 | $41.6B | $6.7B | -$34.9B |
| 2022 | $58.7B | $6.8B | -$51.9B |
| 2023 | $51.6B | $6.5B | -$45.2B |
| 2024 | $56.2B | $4.8B | -$51.4B |

## Data coverage

- Country: **Panama (PAN)**
- Coverage: **1995-2024**
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.