Fuel imports in Panama
Panama: Fuel imports was 20.0% in 2024. ▼ Falling
Fuel imports in Panama, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.
Analysis
The most recent figure for fuel imports in Panama is 20.0%, measured in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 76.4% over ten years.
Over the whole period, fuel imports in Panama peaked at 40.4% in 1975 and was at its lowest, 1.5%, in 2010.
Panama ranks 55th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Fuel imports in Panama, year by year
| Year | % of merchandise imports | Change |
|---|---|---|
| 1962 | 18.7% | — |
| 1963 | 23.2% | +24.3% |
| 1964 | 20.9% | -10.0% |
| 1965 | 20.7% | -0.9% |
| 1966 | 21.6% | +4.6% |
| 1967 | 20.2% | -6.7% |
| 1968 | 21.3% | +5.3% |
| 1969 | 22.1% | +3.8% |
| 1970 | 18.6% | -15.8% |
| 1971 | 17.9% | -3.6% |
| 1972 | 16.6% | -7.1% |
| 1973 | 20.3% | +22.0% |
| 1974 | 35.7% | +75.6% |
| 1975 | 40.4% | +13.3% |
| 1976 | 33.2% | -17.7% |
| 1977 | 33.0% | -0.8% |
| 1978 | 24.4% | -26.0% |
| 1979 | 28.5% | +16.8% |
| 1980 | 30.5% | +7.0% |
| 1981 | 28.1% | -7.9% |
| 1982 | 26.6% | -5.3% |
| 1983 | 27.8% | +4.3% |
| 1984 | 26.0% | -6.4% |
| 1985 | 21.2% | -18.6% |
| 1986 | 13.9% | -34.4% |
| 1987 | 16.3% | +17.1% |
| 1995 | 13.6% | -16.2% |
| 1996 | 15.9% | +16.8% |
| 1997 | 14.0% | -12.0% |
| 1998 | 9.4% | -32.7% |
| 1999 | 11.6% | +23.0% |
| 2000 | 18.5% | +59.2% |
| 2001 | 20.5% | +11.1% |
| 2002 | 17.1% | -16.5% |
| 2003 | 8.8% | -48.5% |
| 2004 | 14.6% | +65.6% |
| 2005 | 17.9% | +22.9% |
| 2006 | 6.6% | -63.3% |
| 2007 | 6.8% | +3.3% |
| 2008 | 3.3% | -51.1% |
| 2009 | 1.6% | -50.8% |
| 2010 | 1.5% | -10.4% |
| 2011 | 9.1% | +520.6% |
| 2012 | 10.5% | +15.2% |
| 2013 | 10.4% | -0.4% |
| 2014 | 11.3% | +8.4% |
| 2015 | 7.4% | -34.9% |
| 2016 | 7.6% | +2.7% |
| 2017 | 9.1% | +20.8% |
| 2018 | 10.5% | +14.5% |
| 2019 | 10.9% | +3.9% |
| 2020 | 6.3% | -42.0% |
| 2021 | 16.6% | +162.5% |
| 2022 | 23.6% | +42.4% |
| 2023 | 20.1% | -14.8% |
| 2024 | 20.0% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.1% | 18.7% | 23.2% | 8 |
| 1970s | 26.9% | 16.6% | 40.4% | 10 |
| 1980s | 23.8% | 13.9% | 30.5% | 8 |
| 1990s | 12.9% | 9.4% | 15.9% | 5 |
| 2000s | 11.6% | 1.6% | 20.5% | 10 |
| 2010s | 8.8% | 1.5% | 11.3% | 10 |
| 2020s | 17.3% | 6.3% | 23.6% | 5 |
Countries ranked near Panama
- 52 Seychelles 20.4% compare
- 53 China 20.4% compare
- 54 Belarus 20.4% compare
- 56 Tanzania, United Republic of 19.9% compare
- 57 Syrian Arab Republic 19.7% compare
- 58 Japan 19.6% compare
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)
- Ores and metals imports 0.7% (2024)
Frequently asked questions
- What is fuel imports in Panama?
- Fuel imports in Panama was 20.0% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest fuel imports recorded in Panama?
- The highest recorded value was 40.4% in 1975.
- What is the lowest fuel imports recorded in Panama?
- The lowest recorded value was 1.5% in 2010.
- How does Panama rank for fuel imports?
- Panama ranks 55th out of 196 countries with data for 2024.
- Is fuel imports rising or falling in Panama?
- Over the last ten years it is up 76.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Fuel imports (% of merchandise imports). 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 imports which is comprised of goods whose economic ownership is changed between a non-resident and a 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.