Medium and heavy petroleum oils — imports and exports, Panama

HS code 271019

From September 2025 to August 2026, Panama exported goods under HS code 271019 (Medium and heavy petroleum oils): 574 shipments by 69 companies. Main buyer countries (share of exports): Venezuela 37.7%, Guatemala 18.9%, Cuba 17%. Imports: 223 shipments by 56 companies.

Official description: Petroleum oils and oils obtained from bituminous minerals, other than crude, other than biodiesel and other than waste oils Heading 2710: Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations containing by weight 70% or more of such oils, these oils being the basic constituents; waste oils

Imports

223
shipments
No data for the same months a year earlier
September 2025 – August 2026
Values and prices — in the report

Germany — 17.3%

Germany sends the most shipments · Share

Supplier countries
  • Germany 17.3%
  • Singapore 16.9%
  • Puerto Rico 16.7%
  • UAE 9.9%
  • United States 8.1%
56
companies
imported this product in the period

Exports

574
shipments
No data for the same months a year earlier
September 2025 – August 2026
Values and prices — in the report

Venezuela — 37.7%

Venezuela receives the most shipments · Share

Buyer countries
  • Venezuela 37.7%
  • Guatemala 18.9%
  • Cuba 17%
  • Mexico 5.3%
  • Honduras 4.4%
69
companies
exported this product in the period

Shipments by month

August 2026
The busiest month of the period · 80 shipments
Busiest month
80 shipments
August 2026
Quietest month
35 shipments
September 2025
Average per month
48 shipments
Exports

National codes

Longer national HS code subcodes inside code 271019 and their share of imports and exports combined.

271019930000
30.1%
271019950000
22.5%
271019990090
12.7%

Other petroleum oils or oils obtained from bituminous minerals

271019300000
7.9%
271019220000
7.4%
271019910000
6.2%
271019210000
5.4%
271019940000
2.9%

Lubricating oils

271019290000
2.4%
271019990010
1.5%
271019100000
0.8%
271019920000
0.2%

The full picture is in the market report

Every importer and exporter, partner countries and two years of trends. Or go straight to a list of buyers for this code.

Questions and answers

From September 2025 to August 2026, Panama exported goods under HS code 271019 (Medium and heavy petroleum oils): 574 shipments by 69 companies. Imports: 223 shipments by 56 companies.

Main buyer countries (share of exports): Venezuela 37.7%, Guatemala 18.9%, Cuba 17%, Mexico 5.3%, Honduras 4.4%.

Exporters in total: 69. The largest include S & S LOGISTICS GROUP, CORP, QUALITY NETWOKS INC, ETERNITY INTL FREIGHT FORWARDER PANAMA INC.

Months with the most export shipments: August 2026 (80), April 2026 (60), March 2026 (59).
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