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Port of Panama City, Fla.

Port of Panama City, Fla.’s trade totaled $117.56 million for the month of October, $2.41 billion through October of 2018, and $2.96 billion for all of 2017, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Trading Countries

RankPortYTD
1Chile$1.59 B
2Mexico$554.24 M
3Costa Rica$63.66 M
4United Kingdom$57.79 M
5Peru$42.38 M
6Denmark$38.42 M
7Italy$19.93 M
8The Netherlands$12.64 M
9Panama$12.62 M
10Germany$7 M

Overall Rank

Port of Panama City, Fla.’s trade decreases 3.59 percent through October

Port of Panama City, Fla.’s trade with the world fell 3.59 percent, from $2.5 billion to $2.41 billion through the first 10 months of 2018 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

During the same time period, the nation’s total trade was $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.

Port of Panama City, Fla. ranked No. 116 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 110. It finished No. 111 in the last full year.

The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.

Through October Port of Panama City, Fla.’s top trade parters were No. 1 Chile, No. 2 Mexico, No. 3 Costa Rica, No. 4 United Kingdom and No. 5 Peru . Through the same period of the previous year, the top trade partners were held by Chile, Mexico, Ghana, United Kingdom and Costa Rica, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Chile rose 2.89 percent to $1.59 billion.
    Exports fell 89.65 percent to $95,257. Imports rose 2.95 percent to $1.59 billion.
  • Trade with No. 2 Mexico rose 3.27 percent to $554.24 million.
    Exports rose 3.22 percent to $181.48 million. Imports rose 3.3 percent to $372.76 million.
  • Trade with No. 3 Costa Rica rose 7.95 percent to $63.66 million.
    Exports rose 7.95 percent to $63.66 million. There were no imports.
  • Trade with No. 4 United Kingdom fell 21.44 percent to $57.79 million.
    Exports fell 21.46 percent to $57.78 million. Imports totaled $15,952.
  • Trade with No. 5 Peru rose 911.17 percent to $42.38 million.
    Exports rose 740.65 percent to $517,000. Imports rose 913.71 percent to $41.86 million.

Port of Panama City, Fla.’s top five trading partners through October accounted for 95.77 percent of its trade with the world.

Port of Panama City, Fla. had trade surpluses with 13 countries and deficits with 25 through October. That compares with 19 surpluses and 18 deficits for the same period one year earlier. The top three surpluses through October of this year were with Costa Rica, $63.66 million; United Kingdom, $57.76 million; and Denmark, $38.42 million. The top three deficits through October of this year were with Chile, $1.59 billion; Mexico, $191.28 million; and Peru, $41.35 million.

Through October it’s top exports were Fuel wood in logs, chips; Misc. uncoated kraft paper, paperboard; Chemical wood pulp, not dissolving grade; Aluminum plates, sheets, strip more than 0.2mm thi; and Uncoated paper, paperboard, in that order. Those accounted for 58.79 percent of its total outbound trade. The Port’s top imports were Refined copper, alloys, unwrought; Men’s or boys’ slacks, suits, not knit; T-shirts, tank tops, knit or crocheted; Women’s or girls’ suits, not knit; and Sweaters, pullovers, vests, knit or crocheted, accounting for 91.07 percent of all inbound shipments.

Looking more closely at Port of Panama City, Fla.’s exports:

  • Fuel wood in logs, chips fell 7.09 percent compared to last year to $96.06 million.
  • Misc. uncoated kraft paper, paperboard rose 9.96 percent compared to last year to $65.78 million.
  • Chemical wood pulp, not dissolving grade fell 34.47 percent compared to last year to $35.79 million.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 67.35 percent compared to last year to $20.64 million.
  • Uncoated paper, paperboard rose 1.48 percent compared to last year to $13.76 million.

On the import side:

  • Refined copper, alloys, unwrought rose 5.66 percent compared to last year to $1.63 billion.
  • Men’s or boys’ slacks, suits, not knit rose 14.79 percent compared to last year to $137.76 million.
  • T-shirts, tank tops, knit or crocheted fell 17.68 percent compared to last year to $28.64 million.
  • Women’s or girls’ suits, not knit fell 10.23 percent compared to last year to $20.51 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 132.06 percent compared to last year to $16.64 million.

Last year Port of Panama City, Fla. posted total trade with the world of $2.32 billion. The Port’s deficit was $1.33 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $497.13 million and imports came to $1.83 billion.