Fuel exports in Panama
Panama: Fuel exports was 1.0% in 2024. ◆ Volatile
Fuel exports in Panama, 1962–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
Panama recorded 1.0% for fuel exports in 2024.
Compared with earlier readings it is up 235.9% on the previous year and up 518.8% over ten years.
Over the whole period, fuel exports in Panama peaked at 48.6% in 1963 and was at its lowest, 0.1%, in 1987.
That places Panama 131st out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports in Panama, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 35.0% | — |
| 1963 | 48.6% | +38.8% |
| 1964 | 40.9% | -15.9% |
| 1965 | 33.8% | -17.4% |
| 1966 | 33.0% | -2.5% |
| 1967 | 26.9% | -18.4% |
| 1968 | 20.1% | -25.2% |
| 1969 | 22.1% | +10.0% |
| 1970 | 19.6% | -11.2% |
| 1971 | 21.6% | +10.0% |
| 1972 | 17.6% | -18.5% |
| 1973 | 17.7% | +0.8% |
| 1974 | 41.0% | +131.1% |
| 1975 | 44.8% | +9.2% |
| 1976 | 28.0% | -37.4% |
| 1977 | 27.4% | -2.3% |
| 1978 | 24.6% | -10.1% |
| 1979 | 24.8% | +0.8% |
| 1980 | 23.2% | -6.7% |
| 1981 | 18.3% | -21.0% |
| 1982 | 22.7% | +23.8% |
| 1983 | 12.1% | -46.8% |
| 1984 | 2.2% | -82.0% |
| 1985 | 7.2% | +233.6% |
| 1986 | 0.1% | -98.8% |
| 1987 | 0.1% | -28.3% |
| 1995 | 3.1% | +4803.7% |
| 1996 | 4.9% | +56.3% |
| 1997 | 3.9% | -21.3% |
| 1998 | 3.5% | -9.1% |
| 1999 | 9.0% | +156.8% |
| 2000 | 6.9% | -23.3% |
| 2001 | 7.1% | +2.0% |
| 2002 | 6.1% | -13.1% |
| 2003 | 0.5% | -92.1% |
| 2004 | 0.5% | +11.3% |
| 2005 | 0.7% | +35.2% |
| 2006 | 0.8% | +4.4% |
| 2007 | 0.7% | -11.9% |
| 2008 | 0.6% | -5.0% |
| 2009 | 0.9% | +36.7% |
| 2010 | 0.3% | -67.8% |
| 2011 | 0.1% | -65.1% |
| 2012 | 0.1% | -23.4% |
| 2013 | 0.4% | +466.3% |
| 2014 | 0.2% | -61.9% |
| 2015 | 0.1% | -40.2% |
| 2016 | 0.1% | +1.4% |
| 2017 | 0.1% | -8.6% |
| 2018 | 0.1% | +29.9% |
| 2019 | 0.2% | +42.3% |
| 2020 | 0.4% | +125.9% |
| 2021 | 0.2% | -51.4% |
| 2022 | 0.2% | +27.9% |
| 2023 | 0.3% | +28.1% |
| 2024 | 1.0% | +235.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.6% | 20.1% | 48.6% | 8 |
| 1970s | 26.7% | 17.6% | 44.8% | 10 |
| 1980s | 10.7% | 0.1% | 23.2% | 8 |
| 1990s | 4.9% | 3.1% | 9.0% | 5 |
| 2000s | 2.5% | 0.5% | 7.1% | 10 |
| 2010s | 0.2% | 0.1% | 0.4% | 10 |
| 2020s | 0.4% | 0.2% | 1.0% | 5 |
Countries ranked near Panama
More energy & mining data for Panama
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.1439 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.0% (2024)
Frequently asked questions
- What is fuel exports in Panama?
- Fuel exports in Panama was 1.0% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Panama?
- The highest recorded value was 48.6% in 1963.
- What is the lowest fuel exports recorded in Panama?
- The lowest recorded value was 0.1% in 1987.
- How does Panama rank for fuel exports?
- Panama ranks 131st out of 192 countries with data for 2024.
- Is fuel exports rising or falling in Panama?
- Over the last ten years it is up 518.8%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). 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.