China / Panama

Overview In February 2024, China exported $791M and imported $1.79M from Panama, resulting in a positive trade balance of $789M. Between February 2023 and February 2024 the exports of China have increased by $104M (15.2%) from $687M to $791M, while imports decreased by $-162M (-98.9%) from $163M to $1.79M.

Trade In February 2024, the top exports of China to Panama were Passenger and Cargo Ships ($160M), Refined Petroleum ($126M), Rubber Footwear ($36.2M), Telephones ($29.6M), and Machinery parts, not containing electrical connectors,... ($28.6M). In February 2024 the top imports of China from Panama were Copper Ore ($91.4M), Animal Meal and Pellets ($749k), Rough Wood ($469k), Frozen Bovine Meat ($185k), and Scrap Copper ($148k).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($258M), Guangdong Province ($204M), Fujian Province ($65.3M), Jiangsu Province ($47.9M), and Anhui Province ($41.9M), while imports destinations were mainly Shanghai Province ($444k), Guangdong Province ($392k), Zhejiang Province ($363k), Guizhou Province ($194k), and Beijing ($191k).

Growth In February 2024, the increase in China's year-by-year exports to Panama was explained primarily by an increase in product exports in Centrifuges ($9.44M or 81%), Coated Flat-Rolled Iron ($6.56M or 275%), and Radio Receivers ($6.34M or 165%). In February 2024, the decrease in China's year-by-year imports  from Panama was explained primarily by an decrease in product imports  in Copper Ore ($-20.2M or -18.1%), Scrap Copper ($-632k or -81%), and Rough Wood ($-512k or -52.2%).