Trade partner
U.S. Imports
$90.1M
August 2026
U.S. Exports
$904.4M
August 2026
Trade surplus
$814.3M
August 2026 · U.S. exports more than it imports
In August 2026 the United States imported $90.1M from Panama and exported $904.4M to it, across 484 imported product categories.
Over the twelve months to August 2026, the U.S. imported $908.1M from Panama and exported $9.9B to it. In August 2026, the U.S. ran a monthly goods trade surplus of $814.3M with Panama, exporting 10.0× as much as it imported. Compared with August 2025, U.S. goods imports from Panama in August 2026 (preliminary) were 218% higher, and exports to Panama were 17% higher.
Panama is a strategic logistics and trade hub in Central America, home to the Panama Canal, which handles a significant share of global maritime trade. The US-Panama Trade Promotion Agreement (TPA), in force since 2012, provides preferential market access for goods and services. Panama's Colón Free Trade Zone is one of the largest free trade zones in the Western Hemisphere, making it a critical transshipment and re-export center.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
The US-Panama Trade Promotion Agreement (TPA) entered into force on October 31, 2012, eliminating tariffs on most US goods and providing enhanced protections for services and investment.
The Colón Free Trade Zone is a major re-export hub where goods, including many of US origin, are imported duty-free and re-exported throughout Latin America and the Caribbean.
The Panama Canal is a critical artery for US maritime trade, particularly for shipments between the US Gulf and East Coasts and Asian markets, influencing shipping costs and transit times for a wide range of commodities.
The top U.S. imports from Panama are US-Origin Articles Exported & Returned Without Advancement, Nonmonetary Gold, Unwrought (Non-Powder) and Insulated Electric Conductors for Voltage Exceeding 1,000 V, by value in the latest month.
| Rank | Product | Import value |
|---|---|---|
| 1 | US-Origin Articles Exported & Returned Without AdvancementChapter 98 · Special Classification Provisions | $26.5M |
| 2 | $16.0M | |
| 3 | $9.8M | |
| 4 | $4.1M | |
| 5 | $4.0M | |
| 6 | $3.8M | |
| 7 | $3.7M | |
| 8 | $3.1M | |
| 9 | $3.0M | |
| 10 | $1.3M |
| Rank | Product | Export value |
|---|---|---|
| 1 | $274.2M | |
| 2 | $204.8M | |
| 3 | Low-Value Export Shipments & Canadian Estimated Late ReceiptsChapter 98 · Special Classification Provisions | $37.6M |
| 4 | $27.3M | |
| 5 | Civilian Aircraft, Engines, Equipment, and PartsChapter 88 · Aircraft, Spacecraft & Parts | $24.3M |
| 6 | $22.3M | |
| 7 | $21.1M | |
| 8 | $9.4M | |
| 9 | $8.6M | |
| 10 | $8.6M |
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Annual data from BEA | 2025
Services Exports
$3.8B
Services Imports
$2.1B