Exports In 2023, Panama exported $172M in Packaged Medicaments, making it the 64th 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 ($32.3M), Costa Rica ($25.7M), Jamaica ($23.9M), Barbados ($22.6M), and Peru ($14.2M).
The fastest growing export markets for Packaged Medicaments of Panama between 2022 and 2023 were Honduras ($8.27M), Ecuador ($6.25M), and Costa Rica ($2.74M).
Imports In 2023, Panama imported $763M in Packaged Medicaments, becoming the 64th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Panama. Panama imports Packaged Medicaments primarily from: Germany ($134M), Switzerland ($76.8M), Mexico ($59.7M), Guatemala ($47.1M), and France ($41.1M).
The fastest growing import markets in Packaged Medicaments for Panama between 2022 and 2023 were Switzerland ($45.7M), Germany ($41.1M), and Netherlands ($19.8M).