Guatemala vs Panama: Goods imports

Guatemala
29.13 billion BoP, current US$
in 2024
Panama
28.19 billion BoP, current US$
in 2025
Guatemala rank
73rd
Panama rank
74th

Goods imports over time

  • Guatemala
  • Panama
010.0B20.0B30.0B197720012025

How they compare

Guatemala currently reports 29.13 billion BoP, current US$ against 28.19 billion BoP, current US$ in Panama, a difference of 940.60 million BoP, current US$.

The two have swapped places 6 times across 48 shared years of data; in 1977 it was Guatemala ahead.

Guatemala ranks 73rd and Panama ranks 74th of 200 countries.

Across the 6 decades both report, Guatemala averaged higher in 2 and Panama in 4.

Head to head by decade

Decade Guatemala Panama Difference Ahead
1970s 1.26 billion BoP, current US$ 912.73 million BoP, current US$ 344.77 million BoP, current US$ Guatemala
1980s 1.27 billion BoP, current US$ 2.67 billion BoP, current US$ 1.40 billion BoP, current US$ Panama
1990s 2.83 billion BoP, current US$ 6.03 billion BoP, current US$ 3.20 billion BoP, current US$ Panama
2000s 8.62 billion BoP, current US$ 9.99 billion BoP, current US$ 1.37 billion BoP, current US$ Panama
2010s 15.53 billion BoP, current US$ 23.61 billion BoP, current US$ 8.09 billion BoP, current US$ Panama
2020s 24.97 billion BoP, current US$ 23.66 billion BoP, current US$ 1.30 billion BoP, current US$ Guatemala

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports, Guatemala or Panama?
Guatemala, at 29.13 billion BoP, current US$ against 28.19 billion BoP, current US$ in Panama as of 2024.
What is the difference in goods imports between Guatemala and Panama?
940.60 million BoP, current US$, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Panama?
48 years are reported by both, from 1977 to 2024.
How do Guatemala and Panama rank globally for goods imports?
Guatemala ranks 73rd and Panama ranks 74th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guatemala vs Panama: Goods imports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 20 August 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us/guatemala/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.