Goods exports (BoP, current US$) in Panama
Panama: Goods exports (BoP, current US$) was 18.61 billion BoP, current US$ in 2025. ◆ Volatile
Goods exports in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods exports in Panama is 18.61 billion BoP, current US$, measured in 2025.
Compared with earlier readings it is down 2.8% on the previous year and up 31.0% over ten years.
Over the whole period, goods exports in Panama peaked at 21.12 billion BoP, current US$ in 2012 and was at its lowest, 385.70 million BoP, current US$, in 1978.
That places Panama 82nd out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$) in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 401.00 million BoP, current US$ | — |
| 1978 | 385.70 million BoP, current US$ | -3.8% |
| 1979 | 453.20 million BoP, current US$ | +17.5% |
| 1980 | 2.52 billion BoP, current US$ | +455.8% |
| 1981 | 2.77 billion BoP, current US$ | +10.1% |
| 1982 | 2.58 billion BoP, current US$ | -7.0% |
| 1983 | 1.84 billion BoP, current US$ | -28.7% |
| 1984 | 1.89 billion BoP, current US$ | +2.7% |
| 1985 | 2.13 billion BoP, current US$ | +12.9% |
| 1986 | 2.49 billion BoP, current US$ | +16.8% |
| 1987 | 2.65 billion BoP, current US$ | +6.4% |
| 1988 | 2.51 billion BoP, current US$ | -5.5% |
| 1989 | 2.74 billion BoP, current US$ | +9.4% |
| 1990 | 3.35 billion BoP, current US$ | +22.0% |
| 1991 | 4.19 billion BoP, current US$ | +25.3% |
| 1992 | 5.10 billion BoP, current US$ | +21.8% |
| 1993 | 5.42 billion BoP, current US$ | +6.1% |
| 1994 | 6.04 billion BoP, current US$ | +11.6% |
| 1995 | 6.09 billion BoP, current US$ | +0.8% |
| 1996 | 5.82 billion BoP, current US$ | -4.4% |
| 1997 | 6.65 billion BoP, current US$ | +14.2% |
| 1998 | 6.32 billion BoP, current US$ | -4.9% |
| 1999 | 5.28 billion BoP, current US$ | -16.5% |
| 2000 | 5.82 billion BoP, current US$ | +10.3% |
| 2001 | 5.99 billion BoP, current US$ | +2.8% |
| 2002 | 5.31 billion BoP, current US$ | -11.3% |
| 2003 | 5.07 billion BoP, current US$ | -4.6% |
| 2004 | 6.08 billion BoP, current US$ | +19.9% |
| 2005 | 7.37 billion BoP, current US$ | +21.3% |
| 2006 | 8.47 billion BoP, current US$ | +14.9% |
| 2007 | 10.32 billion BoP, current US$ | +21.8% |
| 2008 | 13.86 billion BoP, current US$ | +34.3% |
| 2009 | 13.13 billion BoP, current US$ | -5.3% |
| 2010 | 14.13 billion BoP, current US$ | +7.7% |
| 2011 | 19.07 billion BoP, current US$ | +34.9% |
| 2012 | 21.12 billion BoP, current US$ | +10.8% |
| 2013 | 19.60 billion BoP, current US$ | -7.2% |
| 2014 | 16.84 billion BoP, current US$ | -14.1% |
| 2015 | 14.21 billion BoP, current US$ | -15.6% |
| 2016 | 12.93 billion BoP, current US$ | -9.0% |
| 2017 | 13.82 billion BoP, current US$ | +6.8% |
| 2018 | 14.75 billion BoP, current US$ | +6.8% |
| 2019 | 14.65 billion BoP, current US$ | -0.7% |
| 2020 | 11.61 billion BoP, current US$ | -20.7% |
| 2021 | 16.86 billion BoP, current US$ | +45.3% |
| 2022 | 20.44 billion BoP, current US$ | +21.2% |
| 2023 | 20.18 billion BoP, current US$ | -1.3% |
| 2024 | 19.15 billion BoP, current US$ | -5.1% |
| 2025 | 18.61 billion BoP, current US$ | -2.8% |
Panama compared with similar countries
- Panama's 18.61 billion BoP, current US$ is below the median for high income countries, which is 47.85 billion BoP, current US$, 39% of the median. (72 countries reporting)
- Panama's 18.61 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 6.84 billion BoP, current US$, 2.7× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +455.8% | 453.20 million BoP, current US$ | 2.52 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 413.30 million BoP, current US$ | 385.70 million BoP, current US$ | 453.20 million BoP, current US$ | 3 |
| 1980s | 2.41 billion BoP, current US$ | 1.84 billion BoP, current US$ | 2.77 billion BoP, current US$ | 10 |
| 1990s | 5.43 billion BoP, current US$ | 3.35 billion BoP, current US$ | 6.65 billion BoP, current US$ | 10 |
| 2000s | 8.14 billion BoP, current US$ | 5.07 billion BoP, current US$ | 13.86 billion BoP, current US$ | 10 |
| 2010s | 16.11 billion BoP, current US$ | 12.93 billion BoP, current US$ | 21.12 billion BoP, current US$ | 10 |
| 2020s | 17.81 billion BoP, current US$ | 11.61 billion BoP, current US$ | 20.44 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 79 Estonia 21.22 billion BoP, current US$ compare
- 80 Cote d'Ivoire 20.80 billion BoP, current US$ compare
- 81 Latvia 20.59 billion BoP, current US$ compare
- 83 Uruguay 16.11 billion BoP, current US$ compare
- 84 Paraguay 15.75 billion BoP, current US$ compare
- 85 Dominican Republic 15.70 billion BoP, current US$ compare
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Panama?
- Goods exports in Panama was 18.61 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Panama?
- The highest recorded value was 21.12 billion BoP, current US$ in 2012.
- What is the lowest goods exports recorded in Panama?
- The lowest recorded value was 385.70 million BoP, current US$ in 1978.
- How does Panama rank for goods exports?
- Panama ranks 82nd out of 200 countries with data for 2025.
- Is goods exports rising or falling in Panama?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, 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.