Ores and metals exports in Panama
Panama: Ores and metals exports was 9.6% in 2024. ◆ Volatile
Ores and metals exports in Panama, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
In 2024, ores and metals exports in Panama stood at 9.6%.
Compared with earlier readings it is down 87.5% on the previous year and down 15.4% over ten years.
Over the whole period, ores and metals exports in Panama peaked at 80.0% in 2021 and was at its lowest, 0.4%, in 1975.
That places Panama 42nd out of 194 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Ores and metals exports in Panama, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 0.7% | — |
| 1963 | 0.4% | -37.8% |
| 1964 | 0.4% | +3.7% |
| 1965 | 0.8% | +87.9% |
| 1966 | 1.1% | +33.4% |
| 1967 | 1.0% | -12.8% |
| 1968 | 1.3% | +31.1% |
| 1969 | 1.3% | +6.0% |
| 1970 | 1.5% | +12.9% |
| 1971 | 1.0% | -32.3% |
| 1972 | 1.2% | +17.4% |
| 1973 | 1.3% | +7.4% |
| 1974 | 1.5% | +17.9% |
| 1975 | 0.4% | -75.1% |
| 1976 | 0.5% | +23.0% |
| 1977 | 0.6% | +19.2% |
| 1978 | 0.7% | +32.0% |
| 1979 | 1.0% | +42.3% |
| 1980 | 0.8% | -25.2% |
| 1981 | 0.9% | +18.0% |
| 1982 | 0.6% | -34.1% |
| 1983 | 1.1% | +87.2% |
| 1984 | 1.3% | +15.4% |
| 1985 | 1.6% | +23.8% |
| 1986 | 1.2% | -26.6% |
| 1987 | 1.6% | +36.4% |
| 1995 | 1.1% | -30.7% |
| 1996 | 1.6% | +42.6% |
| 1997 | 1.7% | +5.7% |
| 1998 | 1.7% | +2.5% |
| 1999 | 1.7% | -4.4% |
| 2000 | 2.2% | +30.3% |
| 2001 | 1.6% | -27.3% |
| 2002 | 1.4% | -9.9% |
| 2003 | 2.0% | +38.2% |
| 2004 | 3.9% | +98.2% |
| 2005 | 4.0% | +1.7% |
| 2006 | 3.8% | -3.4% |
| 2007 | 3.9% | +1.7% |
| 2008 | 5.1% | +29.7% |
| 2009 | 4.7% | -7.6% |
| 2010 | 10.3% | +120.7% |
| 2011 | 12.7% | +23.5% |
| 2012 | 12.1% | -4.8% |
| 2013 | 11.1% | -8.2% |
| 2014 | 11.3% | +1.9% |
| 2015 | 9.5% | -16.7% |
| 2016 | 10.0% | +5.8% |
| 2017 | 12.5% | +25.1% |
| 2018 | 12.6% | +0.4% |
| 2019 | 8.5% | -32.2% |
| 2020 | 32.3% | +279.0% |
| 2021 | 80.0% | +147.6% |
| 2022 | 78.9% | -1.3% |
| 2023 | 76.5% | -3.1% |
| 2024 | 9.6% | -87.5% |
Panama compared with similar countries
- Panama's 9.6% is above the median for high income countries, which is 2.7%, 3.6× the median. (71 countries reporting)
- Panama's 9.6% is above the median for Latin America & Caribbean, which is 1.8%, 5.2× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Ores and metals 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 |
|---|---|---|---|
| 2020 | +279.0% | 8.5% | 32.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9% | 0.4% | 1.3% | 8 |
| 1970s | 1.0% | 0.4% | 1.5% | 10 |
| 1980s | 1.2% | 0.6% | 1.6% | 8 |
| 1990s | 1.6% | 1.1% | 1.7% | 5 |
| 2000s | 3.3% | 1.4% | 5.1% | 10 |
| 2010s | 11.1% | 8.5% | 12.7% | 10 |
| 2020s | 55.4% | 9.6% | 80.0% | 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)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.0% (2024)
- Ores and metals imports 0.7% (2024)
Frequently asked questions
- What is ores and metals exports in Panama?
- Ores and metals exports in Panama was 9.6% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest ores and metals exports recorded in Panama?
- The highest recorded value was 80.0% in 2021.
- What is the lowest ores and metals exports recorded in Panama?
- The lowest recorded value was 0.4% in 1975.
- How does Panama rank for ores and metals exports?
- Panama ranks 42nd out of 194 countries with data for 2024.
- Is ores and metals exports rising or falling in Panama?
- Over the last ten years it is down 15.4%. 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 Ores and metals exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Ores and metals comprise the commodities in SITC (Rev. 3) sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals). Exports of services are services provided by residents to non-residents. 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.