Costa Rica vs Panama: Goods imports

Costa Rica
24.44 billion BoP, current US$
in 2025
Panama
28.19 billion BoP, current US$
in 2025
Costa Rica rank
75th
Panama rank
73rd

Goods imports over time

  • Costa Rica
  • Panama
010.0B20.0B30.0B197720012025

How they compare

Panama currently reports 28.19 billion BoP, current US$ against 24.44 billion BoP, current US$ in Costa Rica, a difference of 3.76 billion BoP, current US$.

That makes Panama's figure about 1.2 times Costa Rica's.

The two have swapped places 1 time across 49 shared years of data; in 1977 it was Costa Rica ahead.

Costa Rica ranks 75th and Panama ranks 73rd of 199 countries.

Across the 6 decades both report, Costa Rica averaged higher in 1 and Panama in 5.

Head to head by decade

Decade Costa Rica Panama Difference Ahead
1970s 1.08 billion BoP, current US$ 912.73 million BoP, current US$ 164.50 million BoP, current US$ Costa Rica
1980s 1.13 billion BoP, current US$ 2.67 billion BoP, current US$ 1.54 billion BoP, current US$ Panama
1990s 2.94 billion BoP, current US$ 6.03 billion BoP, current US$ 3.10 billion BoP, current US$ Panama
2000s 7.73 billion BoP, current US$ 9.99 billion BoP, current US$ 2.26 billion BoP, current US$ Panama
2010s 14.37 billion BoP, current US$ 23.61 billion BoP, current US$ 9.25 billion BoP, current US$ Panama
2020s 20.42 billion BoP, current US$ 24.42 billion BoP, current US$ 4.00 billion BoP, current US$ Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports, Costa Rica or Panama?
Panama, at 28.19 billion BoP, current US$ against 24.44 billion BoP, current US$ in Costa Rica as of 2025.
What is the difference in goods imports between Costa Rica and Panama?
3.76 billion BoP, current US$, with Panama ahead.
How many years of comparable data are there for Costa Rica and Panama?
49 years are reported by both, from 1977 to 2025.
How do Costa Rica and Panama rank globally for goods imports?
Costa Rica ranks 75th and Panama ranks 73rd of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Costa Rica vs Panama: Goods imports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us/costa-rica/panama/

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About this data

Indicator
Goods imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,762 data points, 1960–2025
Last refreshed

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.