Exports In 2023, Panama exported $306M in Refined Petroleum, making it the 82nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Panama. The main destination of Refined Petroleum exports from Panama are: Costa Rica ($59.6M), Dominican Republic ($53M), South Africa ($40.9M), Ecuador ($33.3M), and Bolivia ($30M).
The fastest growing export markets for Refined Petroleum of Panama between 2022 and 2023 were Dominican Republic ($53M), Costa Rica ($51.9M), and South Africa ($37.7M).
Imports In 2023, Panama imported $3.37B in Refined Petroleum, becoming the 64th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Panama. Panama imports Refined Petroleum primarily from: United States ($1.27B), Peru ($393M), Canada ($370M), Brazil ($369M), and Ecuador ($335M).
The fastest growing import markets in Refined Petroleum for Panama between 2022 and 2023 were Canada ($271M), Jamaica ($6.16M), and Costa Rica ($5.5M).
COMPANIES In 2024, leading companies such as Dole Fresh Fruit (3), Del Monte Foods (1), and Chevron (1) were at the forefront of shipping Refined Petroleum from Panama to the United States.