CO₂ emissions embedded in trade in Panama

Panama: CO₂ emissions embedded in trade was 6.51 million tonnes in 2023. ◆ Volatile

Latest (2023)
6.51 million tonnes
Change on year
down 16.6%
World rank
52nd
of 120 countries
All-time high
11.76 million tonnes
in 2020
All-time low
-9.73 million tonnes
in 2011
Years of data
31
1990–2023

CO₂ emissions embedded in trade in Panama, 1990–2023

-10.0M-5.0M05.0M10.0M1990200620231990: 124.6k tonnes1991: -269.7k tonnes1992: -816.5k tonnes1993: -553.4k tonnes1994: -735.0k tonnes1995: -392.7k tonnes1996: -722.7k tonnes1997: -617.1k tonnes1998: -1.4M tonnes1999: -848.7k tonnes2000: -1.2M tonnes2001: -2.0M tonnes2002: -1.2M tonnes2003: -4.2M tonnes2004: -3.6M tonnes2005: -5.9M tonnes2007: -6.9M tonnes2009: -7.0M tonnes2010: -8.0M tonnes2011: -9.7M tonnes2012: -8.9M tonnes2013: -7.7M tonnes2014: -7.0M tonnes2015: -6.1M tonnes2017: 10.0M tonnes2018: 10.0M tonnes2019: 6.3M tonnes2020: 11.8M tonnes2021: 9.5M tonnes2022: 7.8M tonnes2023: 6.5M tonnes

Source: Global Carbon Budget (2025) – with major processing by Our World in Data. Measured in tonnes.

Analysis

In 2023, co₂ emissions embedded in trade in Panama stood at 6.51 million tonnes.

That represents a change of down 16.6% on the previous year and up 184.5% over ten years.

Over the whole period, co₂ emissions embedded in trade in Panama peaked at 11.76 million tonnes in 2020 and was at its lowest, -9.73 million tonnes, in 2011.

That places Panama 52nd out of 120 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -623,367 tonnes -1.40 million tonnes 124,561 tonnes 10
2000s -3.99 million tonnes -7.00 million tonnes -1.18 million tonnes 8
2010s -2.35 million tonnes -9.73 million tonnes 10.04 million tonnes 9
2020s 8.89 million tonnes 6.51 million tonnes 11.76 million tonnes 4

Countries ranked near Panama

  1. 49 Argentina 7.26 million tonnes compare
  2. 50 Belarus 6.81 million tonnes compare
  3. 51 Latvia 6.77 million tonnes compare
  4. 53 Ghana 6.24 million tonnes compare
  5. 54 Costa Rica 6.22 million tonnes compare
  6. 55 Namibia 6.20 million tonnes compare

See the full ranking of 120 places →

More climate change data for Panama

All data for Panama →

Frequently asked questions

What is co₂ emissions embedded in trade in Panama?
Co₂ emissions embedded in trade in Panama was 6.51 million tonnes in 2023, according to Global Carbon Budget (2025) – with major processing by Our World in Data.
What is the highest co₂ emissions embedded in trade recorded in Panama?
The highest recorded value was 11.76 million tonnes in 2020.
What is the lowest co₂ emissions embedded in trade recorded in Panama?
The lowest recorded value was -9.73 million tonnes in 2011.
How does Panama rank for co₂ emissions embedded in trade?
Panama ranks 52nd out of 120 countries with data for 2023.
Is co₂ emissions embedded in trade rising or falling in Panama?
Over the last ten years it is up 184.5%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Global Carbon Budget (2025) – with major processing by Our World in Data, published as part of CO₂ emissions embedded in trade. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
CO₂ emissions embedded in trade
Unit
tonnes
Source
Global Carbon Budget (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 4,063 data points, 1990–2023
Last refreshed

Annual net carbon dioxide (CO₂) emissions embedded in trade, measured in tonnes.