Exports In 2023, Panama exported $2.43k in Crude Petroleum, making it the 126th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 868th most exported product in Panama. The main destination of Crude Petroleum exports from Panama are: Costa Rica ($2.42k), Netherlands ($8), and Canada ($1).
The fastest growing export markets for Crude Petroleum of Panama between 2022 and 2023 were Costa Rica ($2.42k) and Canada ($1).
Imports In 2023, Panama imported $9.81B in Crude Petroleum, becoming the 22nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Panama. Panama imports Crude Petroleum primarily from: Colombia ($4.19B), Ecuador ($3.95B), United States ($861M), Guyana ($519M), and Brazil ($180M).
The fastest growing import markets in Crude Petroleum for Panama between 2022 and 2023 were Brazil ($180M), United States ($178M), and Belgium ($7.74k).