Maritime profile: Panama

GENERAL INFORMATION FOR 2020
Population
GDP
Merchandise trade¹
4.315 Millions
52 970 Millions current US$
24 222 Millions current US$
Land area²
GDP growth
Transport services trade³
(o) 74 340 Km²
-17.90 %
11 625 Millions current US$
MARITIME KEY FIGURES FOR 2020
More data on UNCTADstat
Coast/area ratio²
Ship building
Ship recycling
75.8 m/km²
..
0.000 GT
Fleet - National flag
Fleet - National flag
Fleet - Ownership
329 033 Thousands DWT
7 873 ships
1 227 Thousands DWT
Container port throughput
Number of seafarers
Number of port calls
..
(n) 25 141
7 779
WORLD SHARES FOR 2020
0.06 %0.34 %0.06 %0.05 %0.08 %15.88 %13.42 %0.06 %0.03 %Not available or not separately reported Less than 0.01% of the World total1.64 %1.07 %Not available or not separately reported0.97 %0.53 %0.04 %0.04 %0.13 %Not available or not separately reported0.06 %0.34 %0.06 %0.05 %0.08 %15.88 %13.42 %0.06 %0.03 %Not available or not separately reported Less than 0.01% of the World total1.64 %1.07 %Not available or not separately reported0.97 %0.53 %0.04 %0.04 %0.13 %Not available or not separately reported
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-16.2 %
Merchandise exports growth rate in 2020
Total merchandise trade
(millions of US$)
2005
2010
2015
2020
Merchandise exports
(g) 7 050
10 987
11 348
9 483
Merchandise imports
(g) 9 600
16 737
22 504
14 740
Merchandise trade balance
(g) -2 550
-5 751
-11 156
-5 257
Export structure by product group in 2020
(as % of total exports)
3 %3 %79 %79 %8 %8 %10 %10 %
Top 5 partners in 2020
(exports, millions of US$)
1 4946306005995821 494630600599582
INTERNATIONAL TRADE IN TRANSPORT SERVICES
More data on UNCTADstat
-22.5 %
Transport services exports growth rate in 2020
Services exports by main category¹⁰
(as % of total services)
2005
2010
2015
2020
Transport
56.5
53.6
45.8
63.9
Travel
24.6
27.2
33.3
13.1
Other services
18.9
19.2
20.7
22.9
Total trade in transport services¹⁰
(millions of US$)
2005
2010
2015
2020
Transport services exports
1 794
3 435
5 440
5 466
Transport services imports
959
1 541
1 958
1 218
Transport services trade balance
835
1 894
3 482
4 248
NATIONAL FLEET
More data on UNCTADstat
-1.4 %
Fleet growth rate in2020
Carrying capacity by type of ship
(Thousands DWT)
2005
2010
2015
2020
Total fleet
195 286.0
288 757.6
335 498.2
329 032.6
Oil tankers
55 248.0
69 363.4
55 842.7
58 728.8
Bulk carriers
97 404.0
154 645.3
207 845.2
192 497.2
General cargo
13 935.0
18 089.4
7 298.9
8 077.7
Container ships
21 779.0
33 878.9
35 583.7
39 460.8
Other types of ships
6 920.0
12 780.5
28 927.7
30 268.1
Fleet by type of ship
(Number of ships)
250961413582604788251460713262567794252058813142582795257560812672662804267264412622688755
LINER SHIPPING CONNECTIVITY
More data on UNCTADstat
Bilateral connectivity index - Top 10 partners in 2020¹¹
Can only take values between 0 (minimum) and 1 (maximum)
0.4250.4050.3810.3770.3710.3570.3560.3560.3560.3550.4250.4050.3810.3770.3710.3570.3560.3560.3560.355
Liner shipping connectivity index¹¹
Maximum 2006=100 for China
50.050.750.149.350.048.047.747.347.447.250.147.647.949.747.648.447.548.549.549.950.443.243.341.642.442.441.241.943.443.143.042.742.542.041.641.139.937.037.136.836.035.535.333.432.833.132.331.633.231.130.329.829.628.828.526.426.425.825.324.7
PORT CALLS AND PERFORMANCE
More data on UNCTADstat
Port calls, time spent in ports, vessel age and size in 2020
 
Number of arrivals
Median time
in port (days)
Avg age
of vessels
Avg size (GT)
of vessels
Avg cargo
carrying
capacity (DWT)
per vessel
Avg container
carrying
capacity (TEU)
per container ship
Maximum size (GT) of vessels
All ships
7 779
0.64
16
34 815
26 602
4 139
170 000
Liquid bulk carriers
2 613
0.52
23
15 389
27 485
..
170 000
Liquefied petroleum gas carriers
66
1.40
10
10 407
12 287
..
23 948
Liquefied natural gas carriers
..
..
..
..
..
..
..
Dry bulk carriers
114
2.23
10
26 669
43 231
..
43 691
Dry breakbulk carriers
179
0.68
19
8 215
11 241
..
39 463
Roll-on/ roll-off ships
240
..
13
61 610
24 483
..
75 283
Container ships
4 467
0.69
12
45 761
..
4 139
150 709
Passenger ships
100
..
21
62 101
..
..
167 725
Port liner shipping connectivity index - Top 5 ports in 2020¹¹
Maximum 2006=100 for China, Hong Kong SAR
29.728.129.428.428.031.529.028.929.123.523.223.123.324.423.824.123.418.819.920.420.519.117.417.617.316.916.516.717.517.417.717.317.117.817.015.914.516.014.913.813.513.213.713.513.613.54.911.910.79.47.74.26.16.16.36.36.16.16.67.232.632.331.030.130.027.027.027.027.327.04.14.14.133.733.033.133.333.231.729.929.829.831.132.925.825.531.830.924.124.325.514.414.415.014.514.513.514.515.014.214.213.212.713.814.414.313.415.314.714.513.013.013.013.413.611.413.013.012.913.312.012.012.114.616.015.915.615.715.013.313.212.512.334.432.634.033.935.237.233.633.633.431.636.437.237.437.337.537.637.336.538.038.638.131.732.531.531.530.829.430.130.530.730.931.731.230.931.732.430.828.027.928.027.527.427.225.024.724.923.122.624.522.920.420.120.119.719.717.016.616.416.014.636.738.138.537.038.839.138.637.937.237.038.136.936.835.734.836.634.234.626.426.527.426.626.025.926.326.026.526.927.827.626.726.026.126.626.125.726.124.124.825.123.623.023.224.023.323.823.223.023.822.822.020.620.721.020.320.620.920.520.220.5
Source: Detailed data sources are available in the documentation of the corresponding tables in the Data Center (http://stats.unctad.org/data_center). A link to these tables is provided in each section of the profile.
Notes:
1
Sum of exports and imports.
2
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
Coastline length based on data calculated in 2000 from the World Vector Shoreline database at 1:250,000 scale.
3
Sum of exports and imports. Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual, 2009 (BPM6, 2009).
4
Propelled seagoing merchant vessels of 100 GT and above. Source: Clarksons Research (https://www.clarksons.com/services/research/).
5
Propelled seagoing merchant vessels of 100 GT and above, on 1 January. Source: Clarksons Research (https://www.clarksons.com/services/research/).
6
Propelled seagoing merchant vessels of 1000 GT and above, on 1 January. Source: Clarksons Research (https://www.clarksons.com/services/research/).
7
UNCTAD Secretariat, derived from various sources including Dynamar B.V. Publications, terminal operators and port authorities.
8
Refers to year 2021. Source: BIMCO-ICS Manpower Report 2015 and BIMCO-ICS Seafarer Workforce Report, 2021 edition.
9
UNCTAD Secretariat, based on data provided by MarineTraffic (http://marinetraffic.com). Ships of 1000 GT and above.
10
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual, 2009 (BPM6, 2009).
11
UNCTAD Secretariat, generated from data provided by MDS Transmodal (https://www.mdst.co.uk).
g
Break.
n
Estimated by BIMCO/ICS to be the same figure as in 2015.
o
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
LNG:
Liquefied natural gas
LPG:
Liquefied petroleum gas
GDP:
Gross domestic product
GT:
Gross tons
TEU:
Twenty foot equivalent unit
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Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.
The designations "developing", "transition" and "developed" are intended for statistical convenience and do not necessarily express a judgement about the stage reached by a particular economy in the development process.

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Generation date: 05 January 2022