Key Market Indicators
In 2018, Panama imported weapons to the value of $11 million, a decrease of 26.7%, compared to the previous year's $15 million. Since 1974, the Panama's demand for weapons has fallen by 18.2% year-on-year. The country was ranked 96th in 2018, with Kyrgyzstan coming in ahead of them at $11 million. Saudi Arabia, Australia, and South Korea claimed the second, third, and fourth spots on the rankings, respectively.