Packaged Medicaments in Panama | The Observatory of Economic Complexity

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Exports In 2022, Panama exported $161M in Packaged Medicaments, making it the 63rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most exported product in Panama. The main destination of Packaged Medicaments exports from Panama are: Dominican Republic ($31.9M), Costa Rica ($23M), Jamaica ($21.3M), Barbados ($20.3M), and Peru ($14.7M).

The fastest growing export markets for Packaged Medicaments of Panama between 2021 and 2022 were Dominican Republic ($31.7M), Bahamas ($10.6M), and Barbados ($9.18M).

Imports In 2022, Panama imported $819M in Packaged Medicaments, becoming the 59th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Panama. Panama imports Packaged Medicaments primarily from: Germany ($101M), Mexico ($100M), United States ($84.4M), Belgium ($70.9M), and France ($45.9M).

The fastest growing import markets in Packaged Medicaments for Panama between 2021 and 2022 were Belgium ($47.1M), Germany ($8.74M), and Singapore ($6.69M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Packaged Medicaments from Panama to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$161M

IMPORTS (2022)$819M

NET TRADE (2022)-$658M

In 2022, Panama exported $161M in Packaged Medicaments. The main destinations of Panama exports on Packaged Medicaments were Dominican Republic ($31.9M), Costa Rica ($23M), Jamaica ($21.3M), Barbados ($20.3M), and Peru ($14.7M).

In 2022, Panama imported $819M in Packaged Medicaments, mainly from Germany ($101M), Mexico ($100M), United States ($84.4M), Belgium ($70.9M), and France ($45.9M).