Data from China Customs shows that in 2021, Panama imported various types of crane equipment from China worth US$3.547 million. Compared with the total import value of 2.448 million US dollars in 2020, an increase of 45%. Looking at the timeline, Panama’s import value of crane equipment will increase significantly in the second half of 2021. From the perspective of the level of trade between the two countries, the bilateral import and export volume of goods between China and Panama in 2021 will be US$11,343.65 million, an increase of US$2,098,415,200 compared with the same period in 2020, a year-on-year increase of 22.5%. It is foreseeable that there is still a lot of room for growth for Chinese crane suppliers in the Panama crane market in the future.

Panama's import value of cranes imported from China from January to December 2021/2020
Panama’s import value of cranes imported from China from January to December 2021/2020

Panama’s import value of cranes from China by month
2020 2021
01 814442.00 158686.00
02 12675.00 82855.00
03 161922.00 121033.00
04 138614.00 146217.00
05 342776.00 713641.00
06 462290.00 150263.00
07 114921.00 123593.00
08 66643.00 139725.00
09 74956.00 172112.00
10 73166.00 146216.00
11 56734.00 561398.00
12 129221.00 1031717.00
Total 2448360.00 3547456.00
Statistics of imported cranes in Panama in 2021 by category
As can be seen from the data in the table below, the crane types with the highest import value from China in 2021 are Parts of lifts, tipping cranes or escalators, Non-electric trolleys and hoists, Gantry Crane. For the types of cranes required in Panama, the types that Dongqi Crane can provide include: electric hoists, gantry cranes, bridge cranes, and jib cranes. Among them, non-electric hoists ranked second in the import value of various cranes, gantry cranes ranked third, jib cranes ranked fourth, electric hoists ranked fifth, and overhead cranes ranked sixth. Dongqi Crane is an excellent crane supplier from China with many years of crane service experience in Panama. If you are interested in these products, please feel free to contact us.

Commodity code Crane Type Import value
Total 3547456.00
84313100 Parts of lifts, tipping cranes or escalators 891837.00
84251900 Non-electric trolleys and hoists 772385.00
84261930 Gantry Crane 682081.00
84263000 Portal Crane and Pedestal Jib Crane 510166.00
84251100 Electric Pulleys and Hoists 290014.00
84261120 Universal Overhead Crane 278934.00
84269100 Other cranes for installation on road vehicles 74400.00
84269900 Unlisted Crane 44789.00
84281090 Other lifts and tipping cranes 2850.00
84261190 Overhead mobile cranes with other fixed supports
84261990 Unlisted bridge cranes and mobile spreaders and straddle carriers
84262000 Tower Crane
84264110 Rubber-mounted self-propelled crane
84264190 Other self-propelled hoists with rubber wheels
84264910 Crawler Crane
84264990 Other self-propelled hoists without rubber wheels
Import volume of various types of cranes in Panama in 2021
Commodity code Crane Type Quantity
Total 78827
84313100 Parts of lifts, tipping cranes or escalators 60263
84251900 Non-electric trolleys and hoists 17411
84251100 Electric Pulleys and Hoists 882
84269900 Unlisted Crane 215
84281090 Other lifts and tipping cranes 30
84261120 Universal Overhead Crane 15
84261930 Gantry Crane 7
84263000 Portal Crane and Pedestal Jib Crane 2
84269100 Other cranes for installation on road vehicles 2
84261190 Overhead mobile cranes with other fixed supports
84261990 Unlisted bridge cranes and mobile spreaders and straddle carriers
84262000 Tower Crane
84264110 Rubber-mounted self-propelled crane
84264190 Other self-propelled hoists with rubber wheels
84264910 Crawler Crane
84264990 Other self-propelled hoists without rubber wheels
How to customize crane from China
We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a crane, you can leave a message on the website or Email: sales010@cranesdq.com, tell us the following information, and our sales manager will contact you:

Statistics of Panama’s import of cranes from China in 2021