Manufactures exports (% of merchandise exports) in Panama
Panama: Manufactures exports (% of merchandise exports) was 12.6% in 2025. ◆ Volatile
Manufactures exports in Panama, 1962–2025
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
The most recent figure for manufactures exports in Panama is 12.6%, measured in 2025.
That represents a change of up 15.0% on the previous year and down 10.6% over ten years.
Over the whole period, manufactures exports in Panama peaked at 20.2% in 1995 and was at its lowest, 0.9%, in 1966.
That places Panama 136th out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufactures exports (% of merchandise exports) in Panama, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 2.7% | — |
| 1963 | 2.0% | -25.9% |
| 1964 | 1.9% | -3.9% |
| 1965 | 1.9% | -0.2% |
| 1966 | 0.9% | -54.0% |
| 1967 | 1.1% | +21.7% |
| 1968 | 1.7% | +55.9% |
| 1969 | 2.3% | +35.5% |
| 1970 | 3.6% | +56.5% |
| 1971 | 2.4% | -31.3% |
| 1972 | 2.7% | +11.2% |
| 1973 | 4.5% | +67.2% |
| 1974 | 6.4% | +40.2% |
| 1975 | 4.7% | -25.9% |
| 1976 | 9.2% | +95.0% |
| 1977 | 9.1% | -0.6% |
| 1978 | 8.6% | -5.6% |
| 1979 | 10.4% | +20.4% |
| 1980 | 8.9% | -14.3% |
| 1981 | 9.8% | +10.3% |
| 1982 | 12.5% | +26.8% |
| 1983 | 9.7% | -22.0% |
| 1984 | 13.4% | +37.7% |
| 1985 | 12.8% | -4.3% |
| 1986 | 15.1% | +18.1% |
| 1987 | 15.7% | +3.7% |
| 1995 | 20.2% | +28.8% |
| 1996 | 19.9% | -1.4% |
| 1997 | 17.1% | -14.2% |
| 1998 | 17.0% | -0.5% |
| 1999 | 16.5% | -2.7% |
| 2000 | 13.0% | -21.4% |
| 2001 | 13.1% | +1.0% |
| 2002 | 12.0% | -8.9% |
| 2003 | 10.8% | -10.1% |
| 2004 | 9.9% | -7.8% |
| 2005 | 9.0% | -9.2% |
| 2006 | 9.0% | +0.3% |
| 2007 | 9.7% | +7.2% |
| 2008 | 8.0% | -17.6% |
| 2009 | 8.2% | +2.1% |
| 2010 | 11.9% | +45.7% |
| 2011 | 12.6% | +5.8% |
| 2012 | 13.5% | +7.2% |
| 2013 | 13.1% | -2.8% |
| 2014 | 14.5% | +10.5% |
| 2015 | 14.1% | -2.8% |
| 2016 | 11.2% | -20.5% |
| 2017 | 9.4% | -16.1% |
| 2018 | 10.5% | +12.3% |
| 2019 | 13.0% | +23.8% |
| 2020 | 10.2% | -21.5% |
| 2021 | 3.4% | -66.9% |
| 2022 | 3.9% | +15.2% |
| 2023 | 4.0% | +1.7% |
| 2024 | 10.9% | +174.9% |
| 2025 | 12.6% | +15.0% |
Panama compared with similar countries
- Panama's 12.6% is below the median for high income countries, which is 59.0%, 21% of the median. (71 countries reporting)
- Panama's 12.6% is below the median for Latin America & Caribbean, which is 23.8%, 53% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Manufactures exports (% of merchandise 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 |
|---|---|---|---|
| 2024 | +174.9% | 4.0% | 10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.8% | 0.9% | 2.7% | 8 |
| 1970s | 6.2% | 2.4% | 10.4% | 10 |
| 1980s | 12.2% | 8.9% | 15.7% | 8 |
| 1990s | 18.1% | 16.5% | 20.2% | 5 |
| 2000s | 10.3% | 8.0% | 13.1% | 10 |
| 2010s | 12.4% | 9.4% | 14.5% | 10 |
| 2020s | 7.5% | 3.4% | 12.6% | 6 |
Countries ranked near Panama
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 19.0% (2025)
- Manufactures imports 60.7% (2025)
- Merchandise imports 25.76 billion current US$ (2025)
- Commercial service imports 5.82 billion current US$ (2025)
- Food exports 49.6% (2025)
- Merchandise exports 11.90 billion current US$ (2025)
- Commercial service exports 20.06 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)
Frequently asked questions
- What is manufactures exports in Panama?
- Manufactures exports in Panama was 12.6% in 2025, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest manufactures exports recorded in Panama?
- The highest recorded value was 20.2% in 1995.
- What is the lowest manufactures exports recorded in Panama?
- The lowest recorded value was 0.9% in 1966.
- How does Panama rank for manufactures exports?
- Panama ranks 136th out of 196 countries with data for 2025.
- Is manufactures exports rising or falling in Panama?
- Over the last ten years it is down 10.6%. 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), publisher: UN Statistics Division, published as part of Manufactures exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.