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Port of Panama City, Fla.

Port of Panama City, Fla.’s trade totaled $187.12 million for the month of February, $382.11 million through February of 2019, and $2.84 billion for all of 2018, 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$223.46 M
2Mexico$105.74 M
3Denmark$18.93 M
4Peru$12.51 M
5Costa Rica$11.01 M
6Panama$2.85 M
7The Netherlands$2.77 M
8Italy$2.59 M
9Egypt$1.06 M
10Switzerland$593,000

Overall Rank

Port of Panama City, Fla.’s trade decreases 30.96 percent through February

Port of Panama City, Fla.’s trade with the world fell 30.96 percent, from $553.45 million to $382.11 million through the first two months of 2019 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.

Port of Panama City, Fla. ranked No. 117 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2019.

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

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

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Chile fell 43.1 percent to $223.46 million.
    Exports totaled $1.01 million. Imports fell 43.36 percent to $222.45 million.
  • Trade with No. 2 Mexico rose 0.09 percent to $105.74 million.
    Exports fell 10.31 percent to $29.89 million. Imports rose 4.88 percent to $75.85 million.
  • Trade with No. 3 Denmark rose 25 percent to $18.93 million.
    Exports rose 25 percent to $18.93 million. There were no imports.
  • Trade with No. 4 Peru rose 73.6 percent to $12.51 million.
    Exports totaled $204,739. Imports rose 70.76 percent to $12.31 million.
  • Trade with No. 5 Costa Rica fell 10.17 percent to $11.01 million.
    Exports fell 10.17 percent to $11.01 million. There were no imports.

Port of Panama City, Fla.’s top five trading partners through February accounted for 97.27 percent of its trade with the world.

Port of Panama City, Fla. had trade surpluses with 11 countries and deficits with seven through February. That compares with nine surpluses and 13 deficits for the same period one year earlier. The top three surpluses through February of this year were with Denmark, $18.93 million; Costa Rica, $11.01 million; and Panama, $2.85 million. The top three deficits through February of this year were with Chile, $221.44 million; Mexico, $45.96 million; and Peru, $12.1 million.

Through February it’s top exports were Fuel wood in logs, chips; Misc. uncoated kraft paper, paperboard; Chemical wood pulp, not dissolving grade; Uncoated paper, paperboard; and Misc. knitted or crocheted fabrics, in that order. Those accounted for 57.18 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; Peppers, asparagus, squash, etc.; and Women’s or girls’ suits, not knit, accounting for 88.78 percent of all inbound shipments.

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

  • Fuel wood in logs, chips fell 4.61 percent compared to last year to $18.93 million.
  • Misc. uncoated kraft paper, paperboard rose 2.67 percent compared to last year to $12.1 million.
  • Chemical wood pulp, not dissolving grade fell 37.31 percent compared to last year to $5.81 million.
  • Uncoated paper, paperboard fell 42.88 percent compared to last year to $2.3 million.
  • Misc. knitted or crocheted fabrics fell 7.76 percent compared to last year to $1.65 million.

On the import side:

  • Refined copper, alloys, unwrought fell 41.3 percent compared to last year to $234.76 million.
  • Men’s or boys’ slacks, suits, not knit rose 18.27 percent compared to last year to $27.12 million.
  • T-shirts, tank tops, knit or crocheted fell 29.88 percent compared to last year to $5.17 million.
  • Peppers, asparagus, squash, etc. rose 172.66 percent compared to last year to $4.83 million.
  • Women’s or girls’ suits, not knit rose 7.99 percent compared to last year to $4.02 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, The Netherlands, Iceland, Germany and Norway. Exports totaled $497.13 million and imports came to $1.83 billion.