Israel · Ibero-America Chamber of Commerce ◆ Registered in Florida, USA

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Country profile

Panama

Economic indicators for Panama and its trade with Israel: exports, imports and main products, updated automatically.

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Economic indicators

Population4.6 million2025
GDPUSD 90.5 billion2025
GDP per capitaUSD 19,7902025
GDP growth4.4%2025
Inflation-0.2%2025
Unemployment8.4%2025
Capital
Panama City
Area
75,320 km²
Currency
Balboa and US dollar
Official language
Spanish
Regional integration
SICA

Trade with Israel

Exports to IsraelUSD 2.9 million2025
Imports from IsraelUSD 11.1 million2025
Trade balance−USD 8.2 million2025

What Panama sells to Israel

  1. Knitted apparelUSD 460,000
  2. Leather goodsUSD 403,000
  3. Essential oils and cosmeticsUSD 345,000
  4. BeveragesUSD 328,000
  5. Pharmaceutical productsUSD 244,000

What Panama buys from Israel

  1. Optical, medical and precision instrumentsUSD 2.2 million
  2. PlasticsUSD 1.2 million
  3. Essential oils and cosmeticsUSD 1.1 million
  4. Machinery and mechanical equipmentUSD 975,000
  5. Electrical machinery and equipmentUSD 969,000

Sources: World Bank (World Development Indicators) and UN Comtrade (trade reported by Israel). Automatically updated: September 27, 2026. Trade figures refer to goods, in current US dollars.

The Chamber in Panama

Does your company want to sell in Israel or find Israeli suppliers from Panama? The Chamber supports you with an export assessment, business matchmaking with verified counterparts and the Smart Export program.

Smart Export
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