Net trade in goods in Panama
Panama: Net trade in goods was -9.58 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Panama recorded -9.58 billion BoP, current US$ for net trade in goods in 2025.
The figure is down 30.4% on the previous year and down 15.0% over ten years.
Over the whole period, net trade in goods in Panama peaked at 156.90 million BoP, current US$ in 1988 and was at its lowest, -9.84 billion BoP, current US$, in 2023.
Panama ranks 166th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -499.43 million BoP, current US$ | -632.50 million BoP, current US$ | -389.40 million BoP, current US$ | 3 |
| 1980s | -256.66 million BoP, current US$ | -487.70 million BoP, current US$ | 156.90 million BoP, current US$ | 10 |
| 1990s | -607.49 million BoP, current US$ | -1.34 billion BoP, current US$ | -157.50 million BoP, current US$ | 10 |
| 2000s | -1.85 billion BoP, current US$ | -4.18 billion BoP, current US$ | -691.70 million BoP, current US$ | 10 |
| 2010s | -7.50 billion BoP, current US$ | -9.21 billion BoP, current US$ | -4.58 billion BoP, current US$ | 10 |
| 2020s | -6.61 billion BoP, current US$ | -9.84 billion BoP, current US$ | -2.80 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 163 Lithuania -7.62 billion BoP, current US$ compare
- 164 Cyprus -8.03 billion BoP, current US$ compare
- 165 Honduras -8.49 billion BoP, current US$ compare
- 167 Kenya -9.69 billion BoP, current US$ compare
- 168 Tunisia -9.79 billion BoP, current US$ compare
- 169 Bulgaria -10.57 billion BoP, current US$ compare
More economy & growth data for Panama
- External balance on goods and services as a percent of gdp 5.04 (2024)
- Inflation of consumer prices -0.1896 (2025)
- Gdp per capita worldbank constant usd 17,650 (2025)
- Manufacturing value added to gdp 4.8 (2025)
- Gdp worldbank constant usd 80.68 billion (2025)
- Gdp per capita in international and market dollars 17,650 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Panama?
- Net trade in goods in Panama was -9.58 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Panama?
- The highest recorded value was 156.90 million BoP, current US$ in 1988.
- What is the lowest net trade in goods recorded in Panama?
- The lowest recorded value was -9.84 billion BoP, current US$ in 2023.
- How does Panama rank for net trade in goods?
- Panama ranks 166th out of 198 countries with data for 2025.
- Is net trade in goods rising or falling in Panama?
- Over the last ten years it is down 15.0%. 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 Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.