Panama is a country in Central America and bordered with both the North Pacific Ocean & the Caribbean Sea, between Costa Rica & Colombia. In terms of total exports, Panama ranked 104 in the world and 18 in the Latin America during 2015. Its popular export products include – pharmaceutical products, telephone sets, footwear, not knitted or crocheted apparel & clothing accessories and self-propelled bulldozers.

Capital City: Panama City

Currency: Panamanian balboa

Official language: Spanish

Population: 4.115.897

Natural resources: gold and copper, mahogany forests, shrimp farming, hydropower.

Worldwide share in import(2015): 0.11

Total imports:

US$ 14.111.687.708,58

Top import Commodities: Organic Chemicals (9.22%), Machinery (9.04%), Electrical Equipment (8.83%), Mineral Fuels (7.36%) and Pharmaceutical Products (7.07%).

Top import Partners: China (20.8%), United States of America (18.2%), Singapore (8.8%), Mexico (4.2%) and Republic of Korea (2.4%).

Trade Organisations: SICA.

Top Ports: Manzanillo International Terminal (MIT), Colon Container Terminal (CCT), Cristobal, Balboa, PSA Panama International Terminal.

Worldwide share in export(2015): 0.07.

Total exports:

US$ 1.392.396.563,75

Top export Commodities: Pharmaceutical Products (14.28%), Electrical Equipment (8.33%), Footwear (8.05%), Articles of Apparel & Clothing Accessories Not Knitted or Crocheted (7.27%) and Machinery (6.42%).

Top export Partners: United States of America (21.7%), Colombia (12.4%), Panama (Re-export) (10.8%), Bolivarian Republic of Venezuela (6.2%) and Costa Rica (5.7%).

Trade Organisations: SICA.

Top Ports: Manzanillo International Terminal (MIT), Colon Container Terminal (CCT), Cristobal, Balboa, PSA Panama International Terminal.

Main movements of Panama

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