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$, in 2023.
Panama ranks 167th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -499.43 million BoP, current US$ | -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
- 164 Lithuania -7.62 billion BoP, current US$ compare
- 165 Cyprus -8.03 billion BoP, current US$ compare
- 166 Honduras -8.49 billion BoP, current US$ compare
- 168 Kenya -9.69 billion BoP, current US$ compare
- 169 Tunisia -9.79 billion BoP, current US$ compare
- 170 Bulgaria -10.57 billion BoP, current US$ compare
More economy & growth data for Panama
- Exports of goods and services 38.38 billion current US$ (2024)
- Final consumption expenditure 61.4% (2024)
- Industry (including construction), value added 20.48 billion constant LCU (2025)
- Gross national expenditure 82.16 billion current US$ (2024)
- Gross national expenditure 82.16 billion current LCU (2024)
- Gross national expenditure 73.59 billion constant 2015 US$ (2024)
- Industry (including construction), value added 2.5% (2025)
- Gross national expenditure 95.0% (2024)
- Industry (including construction), value added 22.53 billion current LCU (2025)
- Exports of goods and services 44.4% (2024)
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 167th out of 199 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.