Exports In 2022, Panama exported $179M in Refined Petroleum, making it the 89th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Panama. The main destination of Refined Petroleum exports from Panama are: Guatemala ($51.8M), Colombia ($28.2M), Nicaragua ($19.7M), Chile ($18.8M), and Ecuador ($15.3M).
The fastest growing export markets for Refined Petroleum of Panama between 2021 and 2022 were Guatemala ($34.2M), Colombia ($23.4M), and Chile ($8.73M).
Imports In 2022, Panama imported $11.7B in Refined Petroleum, becoming the 25th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Panama. Panama imports Refined Petroleum primarily from: United States ($6.16B), China ($2.65B), Ecuador ($877M), Brazil ($467M), and Peru ($446M).
The fastest growing import markets in Refined Petroleum for Panama between 2021 and 2022 were United States ($3.22B), China ($1.11B), and Ecuador ($229M).