Maritime profile: Panama

GENERAL INFORMATION FOR 2021
Population
GDP
Merchandise trade¹
4.351 Millions
59 787 Millions current US$
33 757 Millions current US$
Land area²
GDP growth
Transport services trade³
(o) 74 180 Km²
10.54 %
15 008 Millions current US$
MARITIME KEY FIGURES FOR 2021
More data on UNCTADstat
Coast/area ratio²
Ship building⁴
Ship recycling⁴
76.0 m/km²
..
0.000 GT
Fleet - National flag⁵
Fleet - National flag⁵
Fleet - Ownership⁶
344 594 Thousands DWT
8 010 ships
1 166 Thousands DWT
Container port throughput⁷
Number of seafarers⁸
Number of port calls⁹
7 734 024 TEU
(n) 25 141
9 565
WORLD SHARES FOR 2021
0.06 %0.34 %0.06 %0.06 %0.09 %16.13 %13.65 %0.06 %0.03 %Not available or not separately reported Less than 0.01% of the World total1.64 %1.07 %0.97 %1.22 %0.63 %0.04 %0.07 %0.12 %Not available or not separately reported0.06 %0.34 %0.06 %0.06 %0.09 %16.13 %13.65 %0.06 %0.03 %Not available or not separately reported Less than 0.01% of the World total1.64 %1.07 %0.97 %1.22 %0.63 %0.04 %0.07 %0.12 %Not available or not separately reported
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+38.8 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
(g) 7 050
10 987
11 348
13 161
Merchandise imports
(g) 9 600
16 737
22 504
20 596
Merchandise trade balance
(g) -2 550
-5 751
-11 156
-7 435
Export structure by product group in 2021
(as % of total exports)
2 %2 %22 %22 %9 %9 %53 %53 %13 %13 %
Top 5 partners in 2021
(exports, millions of US$)
2 4951 4799858928772 4951 479985892877
INTERNATIONAL TRADE IN TRANSPORT SERVICES
More data on UNCTADstat
+18.3 %
Transport services exports growth rate in 2021
Services exports by main category¹⁰
(as % of total services)
2005
2010
2015
2021
Transport
56.5
53.6
45.8
60.2
Travel
24.6
27.2
33.3
21.4
Other services
18.9
19.2
20.7
18.2
Total trade in transport services¹⁰
(millions of US$)
2005
2010
2015
2021
Transport services exports
1 794
3 435
5 440
6 464
Transport services imports
959
1 541
1 958
2 224
Transport services trade balance
835
1 894
3 482
4 240
NATIONAL FLEET
More data on UNCTADstat
+4.7 %
Fleet growth rate in 2021
Carrying capacity by type of ship⁵
(Thousands DWT)
2005
2010
2015
2021
Total fleet
195 286.0
288 757.6
335 498.2
344 594.1
Oil tankers
55 248.0
69 363.4
55 842.7
62 833.7
Bulk carriers
97 404.0
154 645.3
207 845.2
201 496.8
General cargo
13 935.0
18 089.4
7 298.9
8 343.4
Container ships
21 779.0
33 878.9
35 583.7
42 521.1
Other types of ships
6 920.0
12 780.5
28 927.7
29 399.1
Fleet by type of ship⁵
(Number of ships)
249964413952696776252461513682603795251460713262567794252058813142582795257560812672662804
LINER SHIPPING CONNECTIVITY
More data on UNCTADstat
Bilateral connectivity index - Top 10 partners in Q1 2021¹¹
Can only take values between 0 (minimum) and 1 (maximum)
0.4330.4120.3910.3790.3710.3670.3590.3580.3580.3560.4330.4120.3910.3790.3710.3670.3590.3580.3580.356
Liner shipping connectivity index¹¹
Maximum 2006=100 for China
51.651.350.050.150.050.750.149.350.048.047.747.347.447.250.147.647.949.747.648.447.548.549.549.950.443.243.341.642.442.441.241.943.443.143.042.742.542.041.641.139.937.037.136.836.035.535.333.432.833.132.331.633.231.130.329.829.628.828.526.426.425.825.324.7
PORT CALLS AND PERFORMANCE
More data on UNCTADstat
Port calls, time spent in ports, vessel age and size in 2021⁹
 
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
9 565
0.77
16
37 329
26 194
4 630
170 611
Liquid bulk carriers
3 247
0.53
21
15 130
26 769
..
170 611
Liquefied petroleum gas carriers
72
1.49
14
14 000
16 227
..
60 784
Liquefied natural gas carriers
..
..
..
..
..
..
..
Dry bulk carriers
199
2.67
15
24 735
41 020
..
50 628
Dry breakbulk carriers
187
0.95
19
7 845
9 970
..
37 938
Roll-on/ roll-off ships
377
..
14
60 770
23 320
..
75 283
Container ships
5 444
0.88
13
50 497
..
4 630
153 100
Passenger ships
39
..
15
69 454
..
..
145 655
Port liner shipping connectivity index - Top 5 ports in 2021¹¹
Maximum 2006=100 for China, Hong Kong SAR
35.134.629.129.429.728.129.428.428.031.529.028.929.123.523.223.123.324.423.824.123.418.819.920.420.519.117.417.617.316.916.516.717.517.417.717.317.117.817.015.914.516.014.913.813.513.213.713.513.613.54.911.910.79.47.74.26.16.16.36.36.16.16.67.232.132.232.332.632.632.331.030.130.027.027.027.027.327.04.14.14.133.432.232.832.833.733.033.133.333.231.729.929.829.831.132.925.825.531.830.924.124.325.514.414.415.014.514.513.514.515.014.214.213.212.713.814.414.313.415.314.714.513.013.013.013.413.611.413.013.012.913.312.012.012.114.616.015.915.615.715.013.313.212.512.338.339.434.034.434.432.634.033.935.237.233.633.633.431.636.437.237.437.337.537.637.336.538.038.638.131.732.531.531.530.829.430.130.530.730.931.731.230.931.732.430.828.027.928.027.527.427.225.024.724.923.122.624.522.920.420.120.119.719.717.016.616.416.014.640.540.840.736.836.738.138.537.038.839.138.637.937.237.038.136.936.835.734.836.634.234.626.426.527.426.626.025.926.326.026.526.927.827.626.726.026.126.626.125.726.124.124.825.123.623.023.224.023.323.823.223.023.822.822.020.620.721.020.320.620.920.520.220.5
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. Refers to year 2020.
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 2020.
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: 20 October 2022