High-technology exports in Panama
Panama: High-technology exports was 1.86 million current US$ in 2024. ◆ Volatile
High-technology exports in Panama, 2008–2024
Source: Comtrade database, United Nations (UN). Measured in current US$.
Analysis
Panama recorded 1.86 million current US$ for high-technology exports in 2024. That is the highest value across all 17 years on record.
That represents a change of up 39.1% on the previous year and up 705.0% over ten years.
Over the whole period, high-technology exports in Panama peaked at 1.86 million current US$ in 2024 and was at its lowest, 457 current US$, in 2015.
Panama ranks 149th of 176 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
High-technology exports in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 2008 | 1.11 million current US$ | — |
| 2009 | 900,031 current US$ | -18.8% |
| 2010 | 696,662 current US$ | -22.6% |
| 2011 | 1.43 million current US$ | +105.3% |
| 2012 | 464,508 current US$ | -67.5% |
| 2013 | 50,963 current US$ | -89.0% |
| 2014 | 231,391 current US$ | +354.0% |
| 2015 | 457 current US$ | -99.8% |
| 2016 | 822,563 current US$ | +179891.9% |
| 2017 | 182,494 current US$ | -77.8% |
| 2018 | 88,765 current US$ | -51.4% |
| 2019 | 255,848 current US$ | +188.2% |
| 2020 | 694,221 current US$ | +171.3% |
| 2021 | 333,800 current US$ | -51.9% |
| 2022 | 333,696 current US$ | -0.0% |
| 2023 | 1.34 million current US$ | +301.4% |
| 2024 | 1.86 million current US$ | +39.1% |
Panama compared with similar countries
- Panama's 1.86 million current US$ is below the median for high income countries, which is 2.96 billion current US$, 0% of the median. (68 countries reporting)
- Panama's 1.86 million current US$ is below the median for Latin America & Caribbean, which is 16.59 million current US$, 11% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where High-technology exports in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +179891.9% | 457 current US$ | 822,563 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 million current US$ | 900,031 current US$ | 1.11 million current US$ | 2 |
| 2010s | 422,411 current US$ | 457 current US$ | 1.43 million current US$ | 10 |
| 2020s | 912,809 current US$ | 333,696 current US$ | 1.86 million current US$ | 5 |
Countries ranked near Panama
- 146 Burkina Faso 2.47 million current US$ compare
- 147 Tonga 2.29 million current US$ compare
- 148 Mauritania 2.00 million current US$ compare
- 150 Aruba 1.67 million current US$ compare
- 151 French Polynesia 1.33 million current US$ compare
- 152 Malawi 1.24 million current US$ compare
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 18.7% (2024)
- Manufactures imports 60.2% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Food exports 73.6% (2024)
- Manufactures exports 10.9% (2024)
- Merchandise exports 11.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is high-technology exports in Panama?
- High-technology exports in Panama was 1.86 million current US$ in 2024, according to Comtrade database, United Nations (UN).
- What is the highest high-technology exports recorded in Panama?
- The highest recorded value was 1.86 million current US$ in 2024.
- What is the lowest high-technology exports recorded in Panama?
- The lowest recorded value was 457 current US$ in 2015.
- How does Panama rank for high-technology exports?
- Panama ranks 149th out of 176 countries with data for 2024.
- Is high-technology exports rising or falling in Panama?
- Over the last ten years it is up 705.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Comtrade database, United Nations (UN), published as part of High-technology exports (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.