Panama Trade Balance

1964 - 2022 | Monthly | USD mn | CEIC Data

Key information about Panama's Trade Balance

  • Panama's Trade Balance recorded a deficit of 941.5 USD mn in Sep 2022, compared with a deficit of 1.1 USD bn in the previous month
  • Panama's Trade Balance data is updated monthly, available from Jan 1964 to Sep 2022, with an averaged value of -132.8 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.

Further information about Panama's Trade Balance

  • In the latest reports, Panama's Total Exports reached 346.3 USD mn in Sep 2022, an increase of 25.5% YoY (year-on-year)
  • Total Imports recorded 1.3 USD bn in Sep 2022, an increase of 25.5% YoY (year-on-year)

View Panama's Trade Balance from Jan 1964 to Sep 2022 in the chart:

Panama Trade Balance

What was Panama's Trade Balance in Sep 2022?

Panama's Trade Balance recorded a deficit of 941.5 USD mn in Sep 2022, compared with a deficit of 1.1 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-941.5 Sep 2022 -1,136.2 Aug 2022 -1,274.3 Oct 2014 3.1 Apr 1988 USD mn monthly Jan 1964 - Sep 2022

Trade Balance by Country Comparison

Buy Selected Data

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) -150.1 Jan 2023 monthly Oct 1998 - Jan 2023
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 696.7 Dec 2022 monthly Jan 1991 - Dec 2022
Armenia (USD mn) -154.3 Jan 2023 monthly Nov 1995 - Jan 2023
Australia (USD mn) 8,804.3 Jan 2023 monthly Jul 1971 - Jan 2023
Austria (USD mn) -1,438.4 Dec 2022 monthly Jan 1957 - Dec 2022
Azerbaijan (USD mn) 464.1 Jan 2023 monthly Jan 2000 - Jan 2023
Bahrain (USD mn) 4,904.0 2021 yearly 1966 - 2021
Bangladesh (USD mn) -1,426.0 Dec 2022 monthly Jul 1986 - Dec 2022
Belarus (USD mn) -280.0 Dec 2022 monthly Jan 2000 - Dec 2022
Belgium (USD mn) -770.1 Jan 2023 monthly Jan 1993 - Jan 2023
Bolivia (USD mn) -252.4 Dec 2022 monthly Oct 1994 - Dec 2022
Bosnia and Herzegovina (USD mn) -449.1 Jan 2023 monthly Jan 2000 - Jan 2023
Botswana (USD mn) -0.9 Dec 2022 monthly Jan 2001 - Dec 2022
Brazil (USD mn) 2,833.2 Feb 2023 monthly Jan 1959 - Feb 2023
Brunei (USD mn) 376.1 Nov 2022 monthly Jan 2003 - Nov 2022
Bulgaria (USD mn) -776.9 Dec 2022 monthly Jan 1995 - Dec 2022
Cambodia (USD mn) -550.3 Jan 2023 monthly Jun 2013 - Jan 2023
Canada (USD mn) 1,432.6 Jan 2023 monthly Jan 1988 - Jan 2023
Chile (USD mn) 1,998.6 Feb 2023 monthly Jan 1968 - Feb 2023
China (USD mn) 78,012.6 Dec 2022 monthly Jan 1981 - Dec 2022
Colombia (USD mn) -1,353.7 Dec 2022 monthly Jan 1958 - Dec 2022
Croatia (USD mn) -1,241.1 Nov 2022 monthly Jan 1993 - Nov 2022
Cyprus (USD mn) -221.8 Dec 2022 monthly Jan 1957 - Dec 2022
Czech Republic (USD mn) 1,994.6 Jan 2023 monthly Jan 1996 - Jan 2023
Denmark (USD mn) 1,129.5 Dec 2022 monthly Jan 1997 - Dec 2022
Ecuador (USD mn) 24.0 Jan 2023 monthly Mar 1992 - Jan 2023
Egypt (USD mn) -1,934.0 Dec 2022 monthly Jan 1957 - Dec 2022
Estonia (USD mn) -293.6 Jan 2023 monthly Jan 1993 - Jan 2023
European Union (USD mn) -15,076.4 Jan 2023 monthly Jan 2002 - Jan 2023
Finland (USD mn) -709.6 Dec 2022 monthly Jan 1992 - Dec 2022
France (USD mn) -13,944.4 Jan 2023 monthly Jan 2000 - Jan 2023
Georgia (USD mn) -543.9 Jan 2023 monthly Jan 1995 - Jan 2023
Germany (USD mn) 18,029.9 Jan 2023 monthly Jan 1957 - Jan 2023
Ghana (USD mn) 450.8 Dec 2022 monthly Mar 2005 - Dec 2022
Greece (USD mn) -2,548.2 Jan 2023 monthly Jan 2002 - Jan 2023
Hong Kong SAR, China (USD mn) -3,244.5 Jan 2023 monthly Jan 1957 - Jan 2023
Hungary (USD mn) -156.8 Jan 2023 monthly Jan 1976 - Jan 2023
Iceland (USD mn) -58.9 Jan 2023 monthly Jan 1957 - Jan 2023
India (USD mn) -17,431.7 Feb 2023 monthly Jan 1957 - Feb 2023
Indonesia (USD mn) 3,870.3 Jan 2023 monthly Jan 1967 - Jan 2023
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 6,298.0 Dec 2022 monthly Jan 1970 - Dec 2022
Israel (USD mn) -3,240.4 Jan 2023 monthly Jan 1988 - Jan 2023
Italy (USD mn) -553.9 Dec 2022 monthly Jan 1993 - Dec 2022
Ivory Coast (USD mn) -583.5 Nov 2022 monthly Jan 1981 - Nov 2022
Japan (USD mn) -13,961.9 Jan 2023 monthly Apr 1995 - Jan 2023
Jordan (USD mn) -1,031.6 Dec 2022 monthly Jan 1972 - Dec 2022
Kazakhstan (USD mn) 1,293.9 Dec 2022 monthly Sep 1995 - Dec 2022
Kenya (USD mn) -1,068.1 Dec 2022 monthly Oct 1992 - Dec 2022
South Korea (USD mn) -5,304.0 Feb 2023 monthly Jan 1957 - Feb 2023
Kosovo (USD mn) -314.2 Jan 2023 monthly Jan 2003 - Jan 2023
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -386.8 Sep 2021 monthly Jan 2002 - Sep 2021
Laos (USD mn) 25.8 Sep 2022 quarterly Dec 1992 - Sep 2022
Latvia (USD mn) -689.0 Dec 2022 monthly Jan 1995 - Dec 2022
Lebanon (USD mn) -979.1 Dec 2022 monthly Jan 1993 - Dec 2022
Lithuania (USD mn) -672.1 Jan 2023 monthly Jan 1999 - Jan 2023
Luxembourg (USD mn) -805.7 Dec 2022 monthly Jan 1988 - Dec 2022
Macau SAR, China (USD mn) -1,381.3 Dec 2022 monthly Jan 1998 - Dec 2022
North Macedonia (USD mn) -245.7 Jan 2023 monthly Dec 1993 - Jan 2023
Malawi (USD mn) -30.3 Jun 2022 monthly Jan 1964 - Jun 2022
Malaysia (USD mn) 4,549.8 Jan 2023 monthly Jan 1990 - Jan 2023
Malta (USD mn) -269.9 Jan 2023 monthly Jan 1960 - Jan 2023
Mauritius (USD mn) -433.9 Dec 2022 monthly Jan 2006 - Dec 2022
Mexico (USD mn) 31.6 Jan 2023 monthly Jan 1993 - Jan 2023
Moldova (USD mn) -524.3 Dec 2022 monthly Jan 1992 - Dec 2022
Mongolia (USD mn) 655.6 Feb 2023 monthly Jan 1997 - Feb 2023
Montenegro (USD mn) -135.6 Jan 2023 monthly Jan 2005 - Jan 2023
Morocco (USD mn) -1,924.1 Jan 2023 monthly Jan 1957 - Jan 2023
Mozambique (USD mn) -29.5 Sep 2022 monthly Jan 2011 - Sep 2022
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -865.7 Jan 2023 monthly Aug 1974 - Jan 2023
Netherlands (USD mn) 10,599.5 Dec 2022 monthly Jan 1996 - Dec 2022
New Zealand (USD mn) -1,250.8 Jan 2023 monthly Jan 1960 - Jan 2023
Nigeria (USD mn) 2,505.4 Dec 2022 monthly Jan 2003 - Dec 2022
Norway (USD mn) 10,331.9 Jan 2023 monthly Jan 1957 - Jan 2023
Oman (USD mn) 2,538.4 Dec 2022 monthly Jan 1975 - Dec 2022
Pakistan (USD mn) -1,704.0 Feb 2023 monthly Jan 1968 - Feb 2023
Palestinian Territory (USD mn) -571.5 Dec 2022 monthly Jan 2011 - Dec 2022
Panama (USD mn) -941.5 Sep 2022 monthly Jan 1964 - Sep 2022
Paraguay (USD mn) 121.3 Feb 2023 monthly Jan 1994 - Feb 2023
Peru (USD mn) 1,069.3 Jan 2023 monthly Jan 1957 - Jan 2023
Philippines (USD mn) -5,738.6 Jan 2023 monthly Jan 1957 - Jan 2023
Poland (USD mn) -3,138.7 Dec 2022 monthly Jan 1986 - Dec 2022
Portugal (USD mn) -2,912.8 Dec 2022 monthly Jan 1957 - Dec 2022
Qatar (USD mn) 6,673.6 Jan 2023 monthly Jan 2014 - Jan 2023
Romania (USD mn) -3,269.5 Dec 2022 monthly Aug 1990 - Dec 2022
Russia (USD mn) 22,518.0 Jan 2022 monthly Jan 1998 - Jan 2022
Saudi Arabia (USD mn) 222,068.9 2022 yearly 1957 - 2022
Serbia (USD mn) -1,103.9 Dec 2022 monthly Jan 2001 - Dec 2022
Singapore (USD mn) 4,758.0 Jan 2023 monthly Jan 1976 - Jan 2023
Slovakia (USD mn) -1,324.2 Dec 2022 monthly Jan 2004 - Dec 2022
Slovenia (USD mn) -516.5 Dec 2022 monthly Nov 1991 - Dec 2022
South Africa (USD mn) -1,347.8 Jan 2023 monthly Oct 2004 - Jan 2023
Spain (USD mn) -5,200.1 Dec 2021 monthly Jan 1985 - Dec 2021
Sri Lanka (USD mn) -409.8 Jan 2023 monthly Jan 1982 - Jan 2023
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 1,067.6 Jan 2023 monthly Jan 1957 - Jan 2023
Switzerland (USD mn) 3,687.2 Jan 2023 monthly Jan 1957 - Jan 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Panama Key Series

Buy Selected Data

Includes 176 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 (%) -6.4 2021 yearly 2003 - 2021
Consolidated Fiscal Balance (USD mn) -3,005.500 2022 yearly 2003 - 2022
Tax Revenue (USD mn) 566.943 Sep 2022 monthly Jan 1995 - Sep 2022
Tax Revenue: % of GDP (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
National Government Debt (USD mn) 44,218.6 Jan 2023 monthly Jul 2004 - Jan 2023
Government Debt: % of GDP (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Forecast: Government Expenditure (PAB bn) 22.307 2027 yearly 1994 - 2027
Forecast: Government Net Debt (PAB bn) 50.254 2027 yearly 1994 - 2027
Forecast: Government Revenue (PAB bn) 20.797 2027 yearly 1994 - 2027
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 364,031.226 Sep 2022 monthly Jan 1995 - Sep 2022
Central Government Revenue: Current Revenue (PAB th) 697,331.162 Sep 2022 monthly Jan 1995 - Sep 2022
Central Government Revenue: Current Revenue: Tax (PAB th) 566,943.148 Sep 2022 monthly Jan 1995 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.974 2027 yearly 1980 - 2027
Trade Balance (USD mn) -941.5 Sep 2022 monthly Jan 1964 - Sep 2022
Total Exports (USD mn) 346.3 Sep 2022 monthly Jan 2000 - Sep 2022
Total Exports Growth (%) 8.8 Sep 2022 monthly Jan 2001 - Sep 2022
Aluminum: Exports (USD th) 1,874.582 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 320,569.927 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 145,066.287 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,287.8 Sep 2022 monthly Jan 2000 - Sep 2022
Total Imports Growth (%) 25.5 Sep 2022 monthly Jan 2001 - Sep 2022
Imports: Medicament (USD th) 1,131,885.680 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 157,218.886 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 17.333 Nov 2022 monthly Jan 1970 - Nov 2022
Total Imports from USA (USD mn) 390.694 Nov 2022 monthly Jan 1967 - Nov 2022
Total Exports to China (USD mn) 370.063 2020 yearly 1999 - 2020
Total Imports from China (USD mn) 182.863 Nov 2022 monthly Mar 1989 - Nov 2022
Exports: FOB: Prawn (PAB th) 4,767.414 Jul 2022 monthly Jan 2000 - Jul 2022
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) 136,247.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: China (PAB th) 370,063.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 19,716.000 2020 yearly 1999 - 2020
Exports: FOB: America: NAFTA: Mexico (PAB th) 20,957.000 2020 yearly 1999 - 2020
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
Imports: CIF: Asia: Rest of Asia: China (PAB th) 851,030.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: ASEAN: Thailand (PAB th) 68,032.000 2020 yearly 1999 - 2020
Imports: CIF: America: NAFTA: USA (PAB th) 2,070,087.000 2020 yearly 1999 - 2020
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) 123,450.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 35,242.000 2020 yearly 1999 - 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -263.8 Jun 2022 quarterly Mar 2013 - Jun 2022
Current Account Balance (USD mn) 116.8 Jun 2022 quarterly Mar 1998 - Jun 2022
Current Account Balance: % of GDP (%) 0.7 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Direct Investment (USD mn) 536.1 Jun 2022 quarterly Mar 1998 - Jun 2022
Foreign Direct Investment: % of GDP (%) 3.4 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Portfolio Investment (USD mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
Foreign Portfolio Investment: % of GDP (%) 0.1 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2022 quarterly Mar 2013 - Jun 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
External Debt (USD mn) 36,797.2 Jan 2023 monthly Jul 2004 - Jan 2023
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.462 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -69,708.276 Jun 2022 quarterly Mar 2002 - Jun 2022
BoP: Net Errors and Omissions (PAB mn) -1,758.203 Jun 2022 quarterly Mar 2013 - Jun 2022
Balance of Payment (BoP): Current Account (CA) (PAB mn) 116.770 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods (PAB mn) -2,213.762 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods: Debit (PAB mn) -6,823.835 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods: Credit (PAB mn) 4,610.073 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services (PAB mn) 3,136.073 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income (PAB mn) -808.811 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services: Debit (PAB mn) -1,302.859 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income: Credit (PAB mn) 385.282 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services: Credit (PAB mn) 4,438.933 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account (PAB mn) 2.466 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income: Debit (PAB mn) -1,194.093 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account: Credit (PAB mn) 2.466 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Financing: Reserve Assets (PAB mn) 780.969 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Direct Investment (PAB mn) 799.860 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Financial Account (FA) (PAB mn) 576.640 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Portfolio Investment: Assets (PAB mn) -503.955 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
International Investment Position (IIP) (USD mn) -69,708.276 Jun 2022 quarterly Mar 2015 - Jun 2022
IIP: Assets (USD mn) 93,419.953 Jun 2022 quarterly Mar 2015 - Jun 2022
IIP: Liabilities (USD mn) 163,128.229 Jun 2022 quarterly Mar 2015 - Jun 2022
Foreign Direct Investment (FDI) (PAB mn) 536.072 Jun 2022 quarterly Mar 2013 - Jun 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Dec 2022 monthly Dec 2008 - Dec 2022
Household Debt: % of GDP (%) 42.6 Sep 2022 quarterly Dec 2007 - Sep 2022
Non-Performing Loans (USD mn) 1,317.974 Dec 2022 monthly Dec 2008 - Dec 2022
Money Supply M1 (USD mn) 9,213.710 Dec 2022 monthly Dec 2002 - Dec 2022
Money Supply M2 (USD mn) 38,027.920 Dec 2022 monthly Dec 2002 - Dec 2022
M2 Growth (%) 0.2 Dec 2022 monthly Dec 2003 - Dec 2022
Foreign Exchange Reserves (USD mn) 7,651.6 Sep 2021 monthly Oct 1969 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 12.674 Sep 2021 quarterly Dec 2007 - Sep 2021
Foreign Exchange Reserves: Months of Import (NA) 7.5 Sep 2021 monthly Jan 2000 - Sep 2021
Gold Reserves (USD mn) 0.000 Sep 2021 monthly Sep 1969 - Sep 2021
Total Deposits (USD mn) 98,379.614 Dec 2022 monthly Dec 1998 - Dec 2022
Total Deposits Growth (%) 1.4 Dec 2022 monthly Dec 1999 - Dec 2022
Domestic Credit (USD mn) 58,586.1 Dec 2022 monthly Dec 2001 - Dec 2022
Domestic Credit Growth (%) 6.3 Dec 2022 monthly Dec 2002 - Dec 2022
Household Debt (USD mn) 30,154.0 Dec 2022 monthly Oct 2005 - Dec 2022
Total Loans (USD mn) 85,802.443 Dec 2022 monthly Dec 1998 - Dec 2022
Total Loans Growth (%) 11.49 Dec 2022 monthly Dec 1999 - Dec 2022
Private Debt: % of Nominal GDP (%) 78.23 Sep 2022 quarterly Dec 2007 - Sep 2022
Money Supply: M3 (PAB mn) 38,027.920 Dec 2022 monthly Dec 2002 - Dec 2022
LC: National Banking System: Private Sector: Mortgage (PAB mn) 19,797.243 Dec 2022 monthly Dec 2002 - Dec 2022

More Indicators for Panama

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $49

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data