Mexico vs Panama: Imports of goods and services

Mexico
40.3%
in 2025
Panama
39.3%
in 2024
Mexico rank
109th
Panama rank
111th

Imports of goods and services over time

  • Mexico
  • Panama
020406080196019922025

How they compare

Mexico currently reports 40.3% against 39.3% in Panama, a difference of 1.0%.

The two have swapped places 2 times across 65 shared years of data; in 1960 it was Panama ahead.

Mexico ranks 109th and Panama ranks 111th of 193 countries.

Across the 7 decades both report, Mexico averaged higher in 1 and Panama in 6.

Head to head by decade

Decade Mexico Panama Difference Ahead
1960s 9.8% 57.6% 47.7% Panama
1970s 10.0% 69.3% 59.3% Panama
1980s 12.6% 55.3% 42.7% Panama
1990s 20.7% 76.9% 56.2% Panama
2000s 26.5% 69.7% 43.2% Panama
2010s 35.4% 58.2% 22.8% Panama
2020s 40.3% 39.7% 0.7% Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods and services, Mexico or Panama?
Mexico, at 40.3% against 39.3% in Panama as of 2025.
What is the difference in imports of goods and services between Mexico and Panama?
1.0%, with Mexico ahead.
How many years of comparable data are there for Mexico and Panama?
65 years are reported by both, from 1960 to 2024.
How do Mexico and Panama rank globally for imports of goods and services?
Mexico ranks 109th and Panama ranks 111th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Panama: Imports of goods and services. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-and-services-percent-of-gdp/mexico/panama/

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About this data

Indicator
Imports of goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 11,455 data points, 1960–2025
Last refreshed

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.