Panama Trade Balance

1964 - 2021 | Monthly | USD mn | CEIC Data

Key information about Panama's Trade Balance

  • Panama's Trade Balance recorded a deficit of 476.0 USD mn in Jun 2021, compared with a deficit of 828.4 USD mn in the previous month.
  • Panama's Trade Balance data is updated monthly, available from Jan 1964 to Jun 2021, with an averaged value of -127.2 USD mn.
  • The data reached an all-time high of 3.1 USD mn in Apr 1988 and a record low of -1.3 USD bn in Oct 2014.
  • CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports and converts it into USD. The National Institute of Statistics and Census provides Total Exports and Total Imports in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Trade Balance prior to January 2000 is sourced from the International Monetary Fund.
  • In the latest reports, Panama's Total Exports reached 420.3 USD mn in Jun 2021, an increase of 71.4% YoY (year-on-year).
  • Total Imports recorded 896.4 USD mn in Jun 2021, an increase of 71.4% YoY (year-on-year).

View Panama's Trade Balance from Jan 1964 to Jun 2021 in the chart:

Panama Trade Balance

What was Panama's Trade Balance in Jun 2021?

Panama's Trade Balance recorded a deficit of 476.0 USD mn in Jun 2021, compared with a deficit of 828.4 USD mn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-476.0 Jun 2021 -828.4 May 2021 -1,274.3 Oct 2014 3.1 Apr 1988 USD mn monthly Jan 1964 - Jun 2021

Trade Balance by Country Comparison

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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -381.8 Jul 2021 monthly Oct 1998 - Jul 2021
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) 1,576.3 Jul 2021 monthly Jan 1991 - Jul 2021
Armenia (USD mn) -198.9 Jul 2021 monthly Nov 1995 - Jul 2021
Australia (USD mn) 8,729.8 Jul 2021 monthly Jul 1971 - Jul 2021
Austria (USD mn) -1,875.0 Jun 2021 monthly Jan 1957 - Jun 2021
Azerbaijan (USD mn) 1,675.2 Jul 2021 monthly Jan 2000 - Jul 2021
Bahrain (USD mn) -127.1 2020 yearly 1966 - 2020
Bangladesh (USD mn) -2,575.5 Jun 2021 monthly Jul 1986 - Jun 2021
Belarus (USD mn) 303.1 Jul 2021 monthly Jan 2000 - Jul 2021
Belgium (USD mn) 2,078.3 May 2021 monthly Jan 1993 - May 2021
Bolivia (USD mn) 194.8 Jul 2021 monthly Oct 1994 - Jul 2021
Bosnia and Herzegovina (USD mn) -310.7 Mar 2021 monthly Jan 2000 - Mar 2021
Botswana (USD mn) -57.0 Jun 2021 monthly Jan 2001 - Jun 2021
Brazil (USD mn) 7,637.5 Aug 2021 monthly Jan 1959 - Aug 2021
Brunei (USD mn) -385.2 Jun 2021 monthly Jan 2003 - Jun 2021
Bulgaria (USD mn) -498.1 Jun 2021 monthly Jan 1995 - Jun 2021
Cambodia (USD mn) -973.0 Jun 2021 monthly Jun 2013 - Jun 2021
Canada (USD mn) 621.0 Jul 2021 monthly Jan 1988 - Jul 2021
Chile (USD mn) 5.6 Aug 2021 monthly Jan 1968 - Aug 2021
China (USD mn) 58,331.2 Aug 2021 monthly Jan 1981 - Aug 2021
Colombia (USD mn) -1,876.0 Jun 2021 monthly Jan 1958 - Jun 2021
Croatia (USD mn) -858.4 May 2021 monthly Jan 1993 - May 2021
Cyprus (USD mn) -538.5 Jul 2021 monthly Jan 1957 - Jul 2021
Czech Republic (USD mn) 913.0 Jul 2021 monthly Jan 1996 - Jul 2021
Denmark (USD mn) 507.3 Jul 2021 monthly Jan 1997 - Jul 2021
Ecuador (USD mn) 22.2 Jul 2021 monthly Jan 1965 - Jul 2021
Egypt (USD mn) -2,876.0 Jul 2021 monthly Jan 1957 - Jul 2021
Estonia (USD mn) -186.0 Jul 2021 monthly Jan 1993 - Jul 2021
European Union (USD mn) 10,161.4 Jun 2021 monthly Jan 2002 - Jun 2021
Finland (USD mn) -543.8 Jul 2021 monthly Jan 1992 - Jul 2021
France (USD mn) -8,223.9 Jul 2021 monthly Jan 2000 - Jul 2021
Georgia (USD mn) -499.9 Aug 2021 monthly Jan 1995 - Aug 2021
Germany (USD mn) 21,171.4 Jul 2021 monthly Jan 1957 - Jul 2021
Ghana (USD mn) 392.3 Dec 2020 monthly Mar 2005 - Dec 2020
Greece (USD mn) -2,507.3 Jul 2021 monthly Jan 2002 - Jul 2021
Hong Kong SAR, China (USD mn) -4,501.8 Jul 2021 monthly Jan 1957 - Jul 2021
Hungary (USD mn) -235.4 Jul 2021 monthly Jan 1976 - Jul 2021
Iceland (USD mn) -85.4 Jul 2021 monthly Jan 1957 - Jul 2021
India (USD mn) -13,870.0 Aug 2021 monthly Jan 1957 - Aug 2021
Indonesia (USD mn) 2,598.6 Jul 2021 monthly Jan 1967 - Jul 2021
Iran (USD mn) 594,735,573.2 2015 yearly 1950 - 2015
Ireland (USD mn) 6,096.2 May 2021 monthly Jan 1970 - May 2021
Israel (USD mn) -3,117.5 Jul 2021 monthly Jan 1988 - Jul 2021
Italy (USD mn) 5,613.2 Jun 2021 monthly Jan 1993 - Jun 2021
Ivory Coast (USD mn) -32.3 May 2021 monthly Jan 1981 - May 2021
Japan (USD mn) 478.3 Jul 2021 monthly Apr 1995 - Jul 2021
Jordan (USD mn) -842.1 Jun 2021 monthly Jan 1972 - Jun 2021
Kazakhstan (USD mn) 1,655.9 May 2021 monthly Sep 1995 - May 2021
Kenya (USD mn) -959.3 Jun 2021 monthly Oct 1992 - Jun 2021
South Korea (USD mn) 1,646.2 Aug 2021 monthly Jan 1957 - Aug 2021
Kosovo (USD mn) -434.7 Jul 2021 monthly Jan 2003 - Jul 2021
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -331.5 Jun 2021 monthly Jan 2002 - Jun 2021
Laos (USD mn) 250.6 Dec 2020 quarterly Dec 1992 - Dec 2020
Latvia (USD mn) -472.3 Jul 2021 monthly Jan 1995 - Jul 2021
Lebanon (USD mn) -723.4 Nov 2020 monthly Jan 1993 - Nov 2020
Lithuania (USD mn) -333.8 Jun 2021 monthly Jan 1999 - Jun 2021
Luxembourg (USD mn) -699.0 Jun 2021 monthly Jan 1988 - Jun 2021
Macau SAR, China (USD mn) -1,783.1 Jul 2021 monthly Jan 1998 - Jul 2021
North Macedonia (USD mn) -252.9 Jul 2021 monthly Dec 1993 - Jul 2021
Malawi (USD mn) -112.8 Jan 2021 monthly Jan 1964 - Jan 2021
Malaysia (USD mn) 2,895.9 Jul 2021 monthly Jan 1990 - Jul 2021
Malta (USD mn) -616.7 Jul 2021 monthly Jan 1960 - Jul 2021
Mauritius (USD mn) -247.2 Jun 2021 monthly Jan 2006 - Jun 2021
Mexico (USD mn) -2,905.9 Mar 2021 monthly Jan 1993 - Mar 2021
Moldova (USD mn) -362.9 Jun 2021 monthly Jan 2004 - Jun 2021
Mongolia (USD mn) 53.3 Jul 2021 monthly Jan 1997 - Jul 2021
Montenegro (USD mn) -278.3 Jul 2021 monthly Jan 2005 - Jul 2021
Morocco (USD mn) -2,228.9 Jul 2021 monthly Jan 1957 - Jul 2021
Mozambique (USD mn) -177.1 Dec 2020 monthly Jan 2011 - Dec 2020
Myanmar (USD mn) 80.3 Mar 2021 monthly Jan 1957 - Mar 2021
Nepal (USD mn) -1,149.5 Jul 2021 monthly Aug 1974 - Jul 2021
Netherlands (USD mn) 6,898.7 Jul 2021 monthly Jan 1996 - Jul 2021
New Zealand (USD mn) -280.5 Jul 2021 monthly Jan 1957 - Jul 2021
Nigeria (USD mn) -1,658.6 Jun 2021 monthly Jan 2003 - Jun 2021
Norway (USD mn) 4,803.3 Jul 2021 monthly Jan 1957 - Jul 2021
Oman (USD mn) 1,702.2 May 2021 monthly Jan 1975 - May 2021
Pakistan (USD mn) -4,229.0 Aug 2021 monthly Jan 1968 - Aug 2021
Palestinian Territory (USD mn) -352.0 Feb 2021 monthly Jan 2011 - Feb 2021
Panama (USD mn) -476.0 Jun 2021 monthly Jan 1964 - Jun 2021
Paraguay (USD mn) 34.2 Aug 2021 monthly Jan 1994 - Aug 2021
Peru (USD mn) 916.3 Jul 2021 monthly Jan 1957 - Jul 2021
Philippines (USD mn) -3,290.9 Jul 2021 monthly Jan 1957 - Jul 2021
Poland (USD mn) 711.1 Jun 2021 monthly Jan 1986 - Jun 2021
Portugal (USD mn) -1,765.0 Jul 2021 monthly Jan 1957 - Jul 2021
Qatar (USD mn) 3,620.9 Mar 2021 monthly Jan 2014 - Mar 2021
Romania (USD mn) -2,583.6 Jul 2021 monthly Aug 1990 - Jul 2021
Russia (USD mn) 23,516.8 Jul 2021 monthly Jan 1998 - Jul 2021
Saudi Arabia (USD mn) 35,856.4 2020 yearly 1957 - 2020
Serbia (USD mn) -728.2 Jul 2021 monthly Jan 2001 - Jul 2021
Singapore (USD mn) 2,931.5 Jul 2021 monthly Jan 1976 - Jul 2021
Slovakia (USD mn) -12.7 Jul 2021 monthly Jan 2004 - Jul 2021
Slovenia (USD mn) -44.3 Jul 2021 monthly Nov 1991 - Jul 2021
South Africa (USD mn) 2,542.9 Jul 2021 monthly Oct 2004 - Jul 2021
Spain (USD mn) -2,396.8 Jun 2021 monthly Jan 1985 - Jun 2021
Sri Lanka (USD mn) -606.6 Jul 2021 monthly Jan 1982 - Jul 2021
Sudan (USD mn) -406.6 Jun 2021 monthly Jan 2003 - Jun 2021
Sweden (USD mn) 823.1 Jul 2021 monthly Jan 1957 - Jul 2021
Switzerland (USD mn) 6,736.5 Jul 2021 monthly Jan 1957 - Jul 2021

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Panama Key Series

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Includes 177 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.1 2020 yearly 2003 - 2020
Consolidated Fiscal Balance (USD mn) -5,350.400 2020 yearly 2003 - 2020
Tax Revenue (USD mn) 298.855 Jul 2021 monthly Jan 1995 - Jul 2021
Tax Revenue: % of GDP (%) 7.5 Dec 2020 quarterly Mar 2007 - Dec 2020
National Government Debt (USD mn) 38,405.1 Mar 2021 monthly Jul 2004 - Mar 2021
Government Debt: % of GDP (%) 69.8 Dec 2020 quarterly Dec 2007 - Dec 2020
Forecast: Government Expenditure (PAB bn) 18.463 2026 yearly 1994 - 2026
Forecast: Government Net Debt (PAB bn) 45.856 2026 yearly 1994 - 2026
Forecast: Government Revenue (PAB bn) 17.220 2026 yearly 1994 - 2026
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 130,641.293 Jul 2021 monthly Jan 1995 - Jul 2021
Central Government Revenue: Current Revenue: Tax (PAB th) 298,855.336 Jul 2021 monthly Jan 1995 - Jul 2021
Central Government Revenue: Current Revenue (PAB th) 457,879.025 Jul 2021 monthly Jan 1995 - Jul 2021
Central Government Operations: Total Revenue (PAB th) 13,336,542.550 2019 yearly 2000 - 2019
Central Government Operations: Total Expenditure (PAB th) 13,335,911.222 2019 yearly 2000 - 2019
CGO: Expenditure: Current (USD mn) 7,991.800 2020 yearly 1993 - 2020
CGO: Overall Balance, Accrual Basis (USD mn) -4,886.300 2020 yearly 1993 - 2020
CGO: Expenditure: Capital (USD mn) 3,521.600 2020 yearly 1993 - 2020
Public Debt: Domestic (USD mn) 7,601.199 Aug 2021 monthly Jul 2004 - Aug 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.757 2026 yearly 1980 - 2026
Trade Balance (USD mn) -476.0 Jun 2021 monthly Jan 1964 - Jun 2021
Total Exports (USD mn) 420.3 Jun 2021 monthly Jan 2000 - Jun 2021
Total Exports Growth (%) 290.8 Jun 2021 monthly Jan 2001 - Jun 2021
Aluminum: Exports (USD th) 9,023.143 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 783,947.551 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 136,348.851 2020 yearly 1995 - 2020
Total Imports (USD mn) 896.4 Jun 2021 monthly Jan 2000 - Jun 2021
Total Imports Growth (%) 71.4 Jun 2021 monthly Jan 2001 - Jun 2021
Imports: Medicament (USD th) 626,096.790 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 150,384.506 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 17.521 Oct 2020 monthly Jan 1970 - Oct 2020
Total Imports from USA (USD mn) 155.619 Jan 2021 monthly Jan 1967 - Jan 2021
Total Exports to China (USD mn) 30.644 2018 yearly 1999 - 2018
Total Imports from China (USD mn) 74.919 Feb 2021 monthly Mar 1989 - Feb 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 24.2 Mar 2021 quarterly Mar 2013 - Mar 2021
Current Account Balance (USD mn) -225.2 Mar 2021 quarterly Mar 1998 - Mar 2021
Current Account Balance: % of GDP (%) -1.5 Mar 2021 quarterly Mar 2007 - Mar 2021
Foreign Direct Investment (USD mn) 453.6 Mar 2021 quarterly Mar 1998 - Mar 2021
Foreign Direct Investment: % of GDP (%) 3.1 Mar 2021 quarterly Mar 2007 - Mar 2021
Foreign Portfolio Investment (USD mn) 2,062.046 Mar 2021 quarterly Mar 2013 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2020 quarterly Mar 2007 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2020 quarterly Mar 2013 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) -37.105 Dec 2020 quarterly Mar 2013 - Dec 2020
External Debt (USD mn) 31,734.8 May 2021 monthly Jul 2004 - May 2021
External Debt: % of GDP (%) 201.9 2020 yearly 2014 - 2020
External Debt: Short Term (USD mn) 36,260.8 Sep 2020 quarterly Sep 2014 - Sep 2020
External Debt: Short Term: % of GDP (%) 67.4 2020 yearly 1970 - 2020
Forecast: Current Account Balance (USD bn) -2.091 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -64,252.281 Dec 2020 quarterly Mar 2002 - Dec 2020
Balance of Payment (BoP): Current Account (CA) (PAB mn) -225.238 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Services: Credit (PAB mn) 2,488.392 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Capital Account (PAB mn) 1.076 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: FA: Direct Investment (PAB mn) 429.342 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Net Errors and Omissions (PAB mn) -1,261.826 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Goods: Debit (PAB mn) -4,254.840 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Income: Credit (PAB mn) 346.440 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Financing: Reserve Assets (PAB mn) 789.094 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Services (PAB mn) 1,597.067 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Income: Debit (PAB mn) -1,375.659 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Financial Account (FA) (PAB mn) 893.916 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Goods: Credit (PAB mn) 3,393.731 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Income (PAB mn) -1,029.220 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 2,062.046 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Goods (PAB mn) -861.109 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: CA: Services: Debit (PAB mn) -891.324 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: Capital Account: Credit (PAB mn) 1.076 Mar 2021 quarterly Mar 2013 - Mar 2021
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,250.161 Mar 2021 quarterly Mar 2013 - Mar 2021
IIP: Liabilities (USD mn) 143,519.164 Mar 2021 quarterly Mar 2015 - Mar 2021
International Investment Position (IIP) (USD mn) -66,146.657 Mar 2021 quarterly Mar 2015 - Mar 2021
IIP: Assets (USD mn) 77,372.507 Mar 2021 quarterly Mar 2015 - Mar 2021
Foreign Direct Investment (FDI) (PAB mn) 453.585 Mar 2021 quarterly Mar 2013 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Mar 2021 monthly Dec 2008 - Mar 2021
Household Debt: % of GDP (%) 52.3 Dec 2020 quarterly Dec 2007 - Dec 2020
Non-Performing Loans (USD mn) 1,242.084 Mar 2021 monthly Dec 2008 - Mar 2021
Money Supply M1 (USD mn) 9,434.190 Jun 2021 monthly Dec 2002 - Jun 2021
Money Supply M2 (USD mn) 36,695.106 Jun 2021 monthly Dec 2002 - Jun 2021
M2 Growth (%) -15.3 Jun 2021 monthly Dec 2003 - Jun 2021
Foreign Exchange Reserves (USD mn) 8,141.5 Jul 2021 monthly Oct 1969 - Jul 2021
Foreign Exchange Reserves: % of GDP (%) 16.784 Mar 2021 quarterly Dec 2007 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 9.9 Jun 2021 monthly Jan 2000 - Jun 2021
Gold Reserves (USD mn) 0.000 Jul 2021 monthly Sep 1969 - Jul 2021
Total Deposits (USD mn) 94,172.482 Jul 2021 monthly Dec 1998 - Jul 2021
Total Deposits Growth (%) 9.3 Mar 2021 monthly Dec 1999 - Mar 2021
Domestic Credit (USD mn) 54,352.3 Jul 2021 monthly Dec 2001 - Jul 2021
Domestic Credit Growth (%) -1.6 Jul 2021 monthly Dec 2002 - Jul 2021
Household Debt (USD mn) 28,154.1 Jul 2021 monthly Oct 2005 - Jul 2021
Total Loans (USD mn) 73,712.538 Mar 2021 monthly Dec 1998 - Mar 2021
Total Loans Growth (%) -4.37 Apr 2021 monthly Dec 1999 - Apr 2021
Private Debt: % of Nominal GDP (%) 97.01 Dec 2020 quarterly Dec 2007 - Dec 2020
Money Supply: M3 (PAB mn) 36,695.106 Jun 2021 monthly Dec 2002 - Jun 2021
LC: National Banking System: Private Sector: Mortgage (PAB mn) 18,429.516 Jul 2021 monthly Dec 2002 - Jul 2021

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