Republic of Panama
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Republic of Panama
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Overview

Republic of Panama

The information presented in this report shows the interaction of Saudi Arabia and Republic of Panama in terms of economic and social factors.

In April 2026, Saudi Arabia exported 398.7 thousand to Republic of Panama, representing 0.0004% of Saudi Arabia's total exports during that month.

The main products exported by Saudi Arabia to Republic of Panama in April 2026 were essential oils; perfumes; toilet preparations and articles of straw, other plaiting materials; basketware.

Regarding non-oil exports, these amounted to 2.4 million, with paper, paperboard and their articles being the main product exported to Republic of Panama.

In April 2026, Saudi Arabia imported 949.6 thousand from Republic of Panama, representing 0.001% of Saudi Arabia's total imports during that month.

The main products imported by Saudi Arabia from Republic of Panama in April 2026 were miscellaneous articles of base metal and edible fruit and nuts; peel of citrus fruits.

Republic of Panama achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024 with Saudi Arabia, which amounted to 5.0 billion, compared to the FDI stock of 2023, which was 4.8 billion.

Foreign Trade

Trade Balance

In April 2026, exports from Saudi Arabia to Republic of Panama amounted to 398.7 thousand (0.0004% of total exports), while imports from Republic of Panama amounted to 949.6 thousand (0.001% of total imports). As a result, the trade balance resulted in a deficit of 550.9 thousand.

The graph shows the monthly evolution of exports from Saudi Arabia to Republic of Panama and the monthly evolution of imports from Republic of Panama. The line represents the trade balance.

Exports by Main Section

Saudi Arabia's exports to Republic of Panama in 2025 reached a total of 4.2 million. The main section wise exports in terms of commercial value were essential oils; perfumes; toilet preparations ( 2.5 million), articles of stone, plaster, cement and the like ( 602.8 thousand), and fertilizers ( 434.7 thousand).

The chart shows section wise exports by Saudi Arabia to Republic of Panama annually, measured in commercial value.

Non-Oil Exports

Non-oil exports from Saudi Arabia to Republic of Panama in January 2026 reached a total of 2.4 million. The main non-oil exports were paper, paperboard and their articles ( 1.4 million), animals and their products ( 729.0 thousand), and products of the chemical industries ( 275.7 thousand).

The graph shows the non-oil products exported from Saudi Arabia to Republic of Panama monthly.

Imports by Main Section

Saudi Arabia's imports from Republic of Panama in 2025 reached a total of 20.4 million. The main section wise imports in terms of commercial value were inorganic chemicals; organic and inorganic compounds ( 11.9 million), edible fruit and nuts; peel of citrus fruits ( 3.5 million), and coffee, tea, mate and spices ( 2.9 million).

The chart shows section wise imports by Saudi Arabia from Republic of Panama annually, measured in commercial value.

Foreign Direct Investment

FDI Stock

In 2024, 5.0 billion in FDI stock were recorded, being higher by 4.8% compared to the previous year.

The graph shows the annual evolution of the stock of FDI from Republic of Panama in Saudi Arabia.

FDI Flow

In 2024, the value of the Foreign Direct Investment (FDI) Inflow was 345.4 million while the FDI Outflow reached a value of 114.9 million. These amounts resulted in an FDI Net Inflow of 230.5 million, lower by 78.5% than the previous year.

The graph shows the annual evolution of FDI Inflow and Outflow between Republic of Panama and Saudi Arabia. The line represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.

For feedback and questiones: datasaudi@mep.gov.sa
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