From 2020 onwards the country has been exporting a vast amount of tobacco worth 35 million US dollars which is around 13 million tons which has continued its upward trajectory following the global needs. The stable trade relationships with the biggest tobacco exporters across the globe like the United States, Ecuador, and Guatemala have been vital in boosting its overall exports, boosting the current economy to a significant extent. The growth in the domestic acquisitions of products like cigars and cigarettes in states like China and South Korea has made the country acknowledge the latest market trends aiming to expand its customer base.

The government initiatives increasing efforts towards expansion of bases across different parts of the globe for tobacco supplies have made the country record a staggering export trade value of 500 million US dollars: a representative of the extreme hike in the global export of tobacco products from Panamanian authorities.

Top 10 Leading Tobacco Exports From Panama in 2023

Top 10 Export Trade Partners of Panama for Tobacco Exports in 2023

The rich history of tobacco in the roots of Panama and the suitable mid-arid climate promoting the cultivation rates has now introduced different variants in its global exports. According to the Panama Export Data, the top 10 leading tobacco exports of Panama in 2023 are,

1. Cigars - Export trade value of Cigars from Panama in 2023 - 98 million US dollars.

2. Processed Tobacco - Export trade value of Processed Tobacco from Panama in 2023 - 76 million US dollars.

3. Unprocessed Tobacco - Export trade value of Unprocessed Tobacco from Panama in 2023 - 65 million US dollars.

4. Cigarettes - Export trade value of Cigarettes from Panama in 2023 - 52 million US dollars.

5. Hand-Rolled Cigars - Export trade value of Hand-Rolled Cigars from Panama in 2023 - 48 million US dollars.

6. Pipe Tobacco - Export trade value of Pipe Tobacco from Panama in 2023 - 39 million US dollars.

7. Tobacco Extracts and Essences - Export trade value of Tobacco Extracts and Essences from Panama in 2023 - 27 million US dollars.

8. Smoking Tobacco - Export trade value of Smoking Tobacco from Panama in 2023 - 24 million US dollars.

9. Cigarillos - Export trade value of Cigarillos from Panama in 2023 - 18 million US dollars.

10. Hookah Tobacco - Export trade value of Hookah Tobacco from Panama in 2023 - 17 million US dollars.

Top 10 Export Trade Partners of Panama for Tobacco Exports in 2023

The high-quality tobacco products manufactured in Panama have attracted different foreign trade authorities to its competitive pricing strategies. According to the Panama Trade Data, the top 10 export trade partners of Panama in 2023 with its Valuation of shipments are,

1. United States - As per the USA Import Data, the valuation of tobacco export from Panama in 2023 - 87 million US dollars.

Top leading tobacco exports from Panama

• Virginia tobacco
• Oriental tobacco
• Sun cured tobacco
• Air cured tobacco
• Tobacco stems

2. Germany - As per the Germany Import Data, the valuation of tobacco export from Panama in 2023 - 75 million US dollars.

Top leading tobacco exports from Panama

• Fermented tobacco leaves
• Unprocessed tobacco leaves
• Hand rolled cigars
• Machine made cigars
• Flavored cigars

3. Spain - As per the Spain Import Data, the valuation of tobacco export from Panama in 2023 - 69 million US dollars.

Top leading tobacco exports from Panama

• Short filter cigars
• Film cigarette
• Miniature cigars
• Menthol cigarettes
• Tobacco stems

4. China - As per the China Import Data, the valuation of tobacco export from Panama in 2023 - 54 million US dollars.

Top leading tobacco exports from Panama

• Organic cigarette
• Pipe Tobacco
• Rolling tobacco
• Water pipe tobacco
• Black Tobacco

5. France - As per the France Import Data, the valuation of tobacco export from Panama in 2023 - 50 million US dollars.

Top leading tobacco exports from Panama

• Aromatic tobacco
• Flavored tobacco
• Dry snuff
• Moist snuff
• Menthol snuff

6. Netherlands - As per the Netherlands Import Data, valuation of tobacco export from Panama in 2023 - 45 million US dollars.

Top leading tobacco exports from Panama

• Nicotine extract
• Tobacco oils
• Tobacco powders
• Kretekks
• Herbal cigarette

7. Italy - As per the Italy Import Data, the valuation of tobacco export from Panama in 2023 - 42 million US dollars.

Top leading tobacco exports from Panama

• Tobacco dust
• Tobacco mulch
• Pre-rolled cigars
• Sun-ripened tobacco
• Stems and stalks

8. United Kingdom - As per the United Kingdom Import Data, the valuation of tobacco export from Panama in 2023 - 38 million US dollars.

Top leading tobacco exports from Panama

• Tobacco tins
• Cigarette tubes
• Nicotine pouches
• Heated tobacco products
• Low nicotine tobacco

9. Russia - As per the Russia Import Data, the valuation of tobacco export from Panama in 2023 - 35 million US dollars.

Top leading tobacco exports from Panama

• Artisanal cigars
• Dry snuff
• Aromatic tobacco
• Chewing tobacco
• Virginia tobacco

10. Mexico - As per the Mexico Import Data, the valuation of tobacco export from Panama in 2023 - 24 million US dollars.

Top leading tobacco exports from Panama

• Hookah
• Cigars
• Pipe tobacco
• Unprocessed tobacco
• Flavored tobacco

FAQ'S

Que. What is the top tobacco export of Panama in 2023?
Ans. Cigars are the top tobacco exports of Panama in 2023.

Que. What is the export trade value of tobacco from Panama in 2023?
Ans. The total export trade value of tobacco from Panama in 2023 is 500 million US dollars.

Que. Name the top tobacco export trade partner of Panama in 2023.
Ans. The United States is the top tobacco export trade partner of Panama in 2023.

Que. Where can you get the detailed trade analysis of tobacco exports of Panama in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of tobacco exports of Panama in 2023.

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