China / Panama

Overview In October 2024, China exported $937M and imported $5.18M from Panama, resulting in a positive trade balance of $932M. Between October 2023 and October 2024 the exports of China have increased by $114M (13.8%) from $823M to $937M, while imports decreased by $-111M (-95.6%) from $117M to $5.18M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Zhejiang Province ($357M), Guangdong Province ($196M), Anhui Province ($56.2M), Shandong Province ($51.2M), and Jiangsu Province ($44.6M), while imports destinations were mainly Beijing ($3.34M), Zhejiang Province ($572k), Jiangsu Province ($326k), Shanghai Province ($233k), and Anhui Province ($182k).

Growth In October 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 ($6.34M or 165%). In October 2024, the decrease in China's year-by-year imports  from Panama was explained primarily by an decrease in product imports  in Copper Ore ($-20.2M or -18.1%), Scrap Copper ($-632k or -81%), and Rough Wood ($-512k or -52.2%).