Panama / Israel

Panama-Israel Trade: In 2022, Panama exported $32.5M to Israel. The main products that Panama exported to Israel were Fruit Juice ($12.5M), Hard Liquor ($5.58M), and Handguns ($5.55M). Over the past 5 years the exports of Panama to Israel have increased at an annualized rate of 7.35%, from $22.8M in 2017 to $32.5M in 2022.

In 2022, Panama did not export any services to Israel.

Israel-Panama Trade: In 2022, Israel exported $14.2M to Panama. The main products that Israel exported to Panama were X-Ray Equipment ($1.98M), Medical Instruments ($1.8M), and Pesticides ($763k). Over the past 5 years the exports of Israel to Panama have decreased at an annualized rate of 2.96%,  from $16.5M in 2017 to $14.2M in 2022.

In 2012, Israel exported services to Panama worth $56.6M, with Computer and information services ($56.6M) being the largest in terms of value.

Comparison: In 2022,  Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).