China / Panama

Overview In September 2024, China exported $1.33B and imported $7.12M from Panama, resulting in a positive trade balance of $1.33B. Between September 2023 and September 2024 the exports of China have increased by $163M (14%) from $1.17B to $1.33B, while imports decreased by $-165M (-95.9%) from $172M to $7.12M.

Trade In September 2024, the top exports of China to Panama were Passenger and Cargo Ships ($160M), Refined Petroleum ($126M), Rubber Footwear ($36.2M), Telephones ($29.6M), and Machinery parts, not containing electrical connectors,... ($28.6M). In September 2024 the top imports of China from Panama were Copper Ore ($91.4M), Animal Meal and Pellets ($749k), Rough Wood ($469k), Frozen Bovine Meat ($185k), and Scrap Copper ($148k).

Origins In September 2024 the exports of China were mainly from Zhejiang Province ($521M), Guangdong Province ($300M), Jiangsu Province ($100M), Shandong Province ($84.9M), and Fujian Province ($49.1M), while imports destinations were mainly Beijing ($4.5M), Fujian Province ($994k), Shanghai Province ($870k), Guangdong Province ($336k), and Anhui Province ($175k).

Growth In September 2024, the increase in China's year-by-year exports to Panama was explained primarily by an increase in product exports in Centrifuges ($9.44M or 81%), Coated Flat-Rolled Iron ($6.56M or 275%), and Radio Receivers ($6.34M or 165%). In September 2024, the decrease in China's year-by-year imports  from Panama was explained primarily by an decrease in product imports  in Copper Ore ($-20.2M or -18.1%), Scrap Copper ($-632k or -81%), and Rough Wood ($-512k or -52.2%).