Panama - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Panama was 64.20 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 68.28 in 1983 and a minimum value of 5.30 in 1977.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 5.30
1978 5.42
1979 5.56
1980 54.37
1981 58.45
1982 65.44
1983 68.28
1984 67.99
1985 65.20
1986 62.45
1987 61.40
1988 65.68
1989 65.31
1990 64.82
1991 62.77
1992 60.75
1993 60.14
1994 60.06
1995 60.34
1996 58.30
1997 59.61
1998 59.43
1999 60.05
2000 59.85
2001 58.88
2002 55.14
2003 55.20
2004 56.45
2005 57.18
2006 56.40
2007 52.53
2008 53.89
2009 57.52
2010 54.11
2011 50.28
2012 48.71
2013 48.55
2014 48.14
2015 46.27
2016 46.08
2017 48.89
2018 49.82
2019 50.91
2020 64.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports