Medium and high-tech exports (% manufactured exports) in Panama
Panama: Medium and high-tech exports (% manufactured exports) was 12.1% in 2024. ▼ Falling
Medium and high-tech exports in Panama, 1990–2024
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufactured exports.
Analysis
In 2024, medium and high-tech exports in Panama stood at 12.1%.
The figure is up 43.5% over ten years.
Over the whole period, medium and high-tech exports in Panama peaked at 16.3% in 1999 and was at its lowest, 4.7%, in 2017.
That places Panama 119th out of 153 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Medium and high-tech exports (% manufactured exports) in Panama, year by year
| Year | % manufactured exports | Change |
|---|---|---|
| 1990 | 14.3% | — |
| 1991 | 14.3% | +0.0% |
| 1992 | 14.3% | +0.0% |
| 1993 | 14.3% | +0.0% |
| 1994 | 14.3% | +0.0% |
| 1995 | 14.3% | +0.0% |
| 1996 | 13.1% | -8.7% |
| 1997 | 11.8% | -9.4% |
| 1998 | 14.2% | +19.6% |
| 1999 | 16.3% | +15.1% |
| 2000 | 9.0% | -44.9% |
| 2001 | 9.4% | +4.2% |
| 2002 | 9.6% | +2.2% |
| 2003 | 11.6% | +21.8% |
| 2004 | 9.7% | -16.4% |
| 2005 | 11.1% | +14.3% |
| 2006 | 12.4% | +11.4% |
| 2007 | 14.2% | +14.7% |
| 2008 | 14.0% | -1.4% |
| 2009 | 15.2% | +8.2% |
| 2010 | 15.0% | -1.1% |
| 2011 | 8.8% | -41.2% |
| 2012 | 10.0% | +13.3% |
| 2013 | 7.9% | -21.3% |
| 2014 | 8.4% | +7.0% |
| 2015 | 9.1% | +8.2% |
| 2016 | 6.5% | -29.0% |
| 2017 | 4.7% | -27.2% |
| 2018 | 6.4% | +35.2% |
| 2019 | 11.1% | +73.9% |
| 2020 | 7.7% | -30.5% |
| 2021 | 7.7% | +0.0% |
| 2022 | 7.7% | +0.0% |
| 2023 | 12.1% | +57.1% |
| 2024 | 12.1% | +0.0% |
Panama compared with similar countries
- Panama's 12.1% is below the median for high income countries, which is 52.8%, 23% of the median. (57 countries reporting)
- Panama's 12.1% is below the median for Latin America & Caribbean, which is 24.6%, 49% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.1% | 11.8% | 16.3% | 10 |
| 2000s | 11.6% | 9.0% | 15.2% | 10 |
| 2010s | 8.8% | 4.7% | 15.0% | 10 |
| 2020s | 9.4% | 7.7% | 12.1% | 5 |
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)
- Manufactures exports 12.6% (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)
Frequently asked questions
- What is medium and high-tech exports in Panama?
- Medium and high-tech exports in Panama was 12.1% in 2024, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech exports recorded in Panama?
- The highest recorded value was 16.3% in 1999.
- What is the lowest medium and high-tech exports recorded in Panama?
- The lowest recorded value was 4.7% in 2017.
- How does Panama rank for medium and high-tech exports?
- Panama ranks 119th out of 153 countries with data for 2024.
- Is medium and high-tech exports rising or falling in Panama?
- Over the last ten years it is up 43.5%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech exports (% manufactured exports). Statizoid updates them automatically from the source API.
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About this data
Share of medium and high-tech manufactured exports in total manufactured exports.