Ores and metals imports in Panama
Panama: Ores and metals imports was 0.7% in 2024. ▼ Falling
Ores and metals imports in Panama, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.
Analysis
In 2024, ores and metals imports in Panama stood at 0.7%.
Compared with earlier readings it is up 10.8% on the previous year and up 108.3% over ten years.
Over the whole period, ores and metals imports in Panama peaked at 1.4% in 1995 and was at its lowest, 0.3%, in 2012.
That places Panama 159th out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Ores and metals imports in Panama, year by year
| Year | % of merchandise imports | Change |
|---|---|---|
| 1962 | 0.5% | — |
| 1963 | 0.6% | +18.3% |
| 1964 | 0.6% | -0.6% |
| 1965 | 0.8% | +30.8% |
| 1966 | 1.0% | +15.2% |
| 1967 | 1.2% | +19.4% |
| 1968 | 0.9% | -22.3% |
| 1969 | 1.1% | +18.4% |
| 1970 | 0.9% | -13.2% |
| 1971 | 0.9% | -3.5% |
| 1972 | 0.9% | -1.4% |
| 1973 | 0.9% | +7.5% |
| 1974 | 1.0% | +3.4% |
| 1975 | 0.5% | -50.3% |
| 1976 | 0.6% | +32.7% |
| 1977 | 0.7% | +3.4% |
| 1978 | 0.8% | +24.1% |
| 1979 | 1.0% | +18.2% |
| 1980 | 0.8% | -14.6% |
| 1981 | 0.8% | -6.1% |
| 1982 | 0.7% | -7.4% |
| 1983 | 0.7% | -6.2% |
| 1984 | 0.8% | +12.5% |
| 1985 | 0.9% | +20.9% |
| 1986 | 1.1% | +16.4% |
| 1987 | 1.2% | +6.8% |
| 1995 | 1.4% | +19.0% |
| 1996 | 1.3% | -8.3% |
| 1997 | 1.2% | -6.4% |
| 1998 | 0.9% | -24.6% |
| 1999 | 1.3% | +40.6% |
| 2000 | 1.0% | -23.4% |
| 2001 | 0.8% | -17.8% |
| 2002 | 0.9% | +13.2% |
| 2003 | 0.9% | +5.4% |
| 2004 | 1.0% | +9.3% |
| 2005 | 1.0% | +1.6% |
| 2006 | 0.5% | -52.6% |
| 2007 | 0.5% | -4.9% |
| 2008 | 0.5% | +6.4% |
| 2009 | 0.5% | -8.9% |
| 2010 | 0.4% | -1.9% |
| 2011 | 0.3% | -25.1% |
| 2012 | 0.3% | -13.0% |
| 2013 | 0.3% | +2.7% |
| 2014 | 0.3% | +4.5% |
| 2015 | 0.4% | +27.2% |
| 2016 | 0.5% | +20.8% |
| 2017 | 0.4% | -10.2% |
| 2018 | 0.4% | -8.8% |
| 2019 | 0.4% | +4.5% |
| 2020 | 0.4% | -7.1% |
| 2021 | 0.6% | +69.7% |
| 2022 | 0.6% | -0.6% |
| 2023 | 0.6% | -8.8% |
| 2024 | 0.7% | +10.8% |
Panama compared with similar countries
- Panama's 0.7% is below the median for high income countries, which is 2.1%, 30% of the median. (71 countries reporting)
- Panama's 0.7% is below the median for Latin America & Caribbean, which is 1.0%, 67% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | 0.5% | 1.2% | 8 |
| 1970s | 0.8% | 0.5% | 1.0% | 10 |
| 1980s | 0.9% | 0.7% | 1.2% | 8 |
| 1990s | 1.2% | 0.9% | 1.4% | 5 |
| 2000s | 0.8% | 0.5% | 1.0% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 10 |
| 2020s | 0.6% | 0.4% | 0.7% | 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 exports 9.6% (2024)
Frequently asked questions
- What is ores and metals imports in Panama?
- Ores and metals imports in Panama was 0.7% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest ores and metals imports recorded in Panama?
- The highest recorded value was 1.4% in 1995.
- What is the lowest ores and metals imports recorded in Panama?
- The lowest recorded value was 0.3% in 2012.
- How does Panama rank for ores and metals imports?
- Panama ranks 159th out of 196 countries with data for 2024.
- Is ores and metals imports rising or falling in Panama?
- Over the last ten years it is up 108.3%. 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 Ores and metals imports (% of merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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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). Imports of services are services provided by non-residents to residents. 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.