Port of Panama City, Fla.

Port of Panama City, Fla.’s trade totaled $162.39 million for the month of June, $1.13 billion through June of 2020, and $2.47 billion for all of 2019, 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$696.76 M
2Mexico$269.48 M
3Costa Rica$37.84 M
4United Kingdom$35.87 M
5Peru$35.58 M
6China$13.96 M
7Belgium$9.93 M
8The Netherlands$9.43 M
9Italy$8.26 M
10Panama$6.04 M

Overall Rank

Port of Panama City, Fla.’s trade decreases 6.7 percent through June

Port of Panama City, Fla.’s trade with the world fell 6.7 percent, from $1.22 billion to $1.13 billion through the first six months of 2020 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.

Port of Panama City, Fla. ranked No. 121 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June of 2020.

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; Port of Newark and John F. Kennedy International Airport.

Through June Port of Panama City, Fla.’s top trade partners 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, Costa Rica, United Kingdom and Denmark, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Chile fell 3.42 percent to $696.76 million.
    There were no exports. Imports fell 3.1 percent to $696.76 million.
  • Trade with No. 2 Mexico fell 20.11 percent to $269.48 million.
    Exports fell 18.74 percent to $75.9 million. Imports fell 20.63 percent to $193.57 million.
  • Trade with No. 3 Costa Rica fell 8.74 percent to $37.84 million.
    Exports fell 8.74 percent to $37.84 million. There were no imports.
  • Trade with No. 4 United Kingdom fell 0.09 percent to $35.87 million.
    Exports rose 0.28 percent to $35.87 million. There were no imports.
  • Trade with No. 5 Peru rose 121.59 percent to $35.58 million.
    There were no exports. Imports rose 129.23 percent to $35.58 million.

Port of Panama City, Fla.’s top five trading partners through June accounted for 94.77 percent of its trade with the world.

Port of Panama City, Fla. had trade surpluses with 14 countries and deficits with 14 through June. That compares with 14 surpluses and 15 deficits for the same period one year earlier. The top three surpluses through June of this year were with Costa Rica, $37.84 million; United Kingdom, $35.87 million; and China, $12.46 million. The top three deficits through June of this year were with Chile, $696.76 million; Mexico, $117.67 million; and Peru, $35.58 million.

Through June its top exports were Fuel wood in logs, chips; Misc. uncoated kraft paper, paperboard; Chemical wood pulp, not dissolving grade; Uncoated paper, paperboard; and Miscellaneous machines, parts, in that order. Those accounted for 66.65 percent of its total outbound trade. The Port’s top imports were Refined copper, alloys, unwrought; Men’s or boys’ slacks, suits, not knit; Aluminum casks, cans, less than 300 liters; T-shirts, tank tops, knit or crocheted; and Peppers, asparagus, squash, etc., accounting for 88.88 percent of all inbound shipments.

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

  • Fuel wood in logs, chips fell 14.21 percent compared to last year to $58.82 million.
  • Misc. uncoated kraft paper, paperboard fell 20.14 percent compared to last year to $32.06 million.
  • Chemical wood pulp, not dissolving grade rose 46.62 percent compared to last year to $24.6 million.
  • Uncoated paper, paperboard rose 37 percent compared to last year to $12.22 million.
  • Miscellaneous machines, parts rose 1437.1 percent compared to last year to $8.97 million.

On the import side:

  • Refined copper, alloys, unwrought fell 0.88 percent compared to last year to $721.56 million.
  • Men’s or boys’ slacks, suits, not knit fell 47.87 percent compared to last year to $48.73 million.
  • Aluminum casks, cans, less than 300 liters rose 354.08 percent compared to last year to $28.14 million.
  • T-shirts, tank tops, knit or crocheted fell 16.42 percent compared to last year to $16.63 million.
  • Peppers, asparagus, squash, etc. rose 33.24 percent compared to last year to $11.4 million.

Last year Port of Panama City, Fla. posted total trade with the world of $2.47 billion. The Port’s deficit was $1.51 billion. Exports totaled $481.14 million and imports came to $1.99 billion.