2022
Flag  
GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
 GDP
$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP GROWTH
50%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC 
$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH
61.2%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC
$4,205CURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 152 / 186

About

Panama-Jordan Trade: In 2022, Panama exported $68.7k to Jordan. The main products that Panama exported to Jordan were Tropical Fruits ($66.6k) and Other Pure Vegetable Oils ($2.11k). Over the past 5 years the exports of Panama to Jordan have decreased at an annualized rate of 43.4%, from $1.18M in 2017 to $68.7k in 2022.

In 2022, Panama did not export any services to Jordan.

Jordan-Panama Trade: In 2022, Jordan exported $3.43M to Panama. The main products that Jordan exported to Panama were Other Knit Garments ($3.04M), Rolled Tobacco ($165k), and Toilet Paper ($140k). Over the past 5 years the exports of Jordan to Panama have decreased at an annualized rate of 12.1%,  from $6.55M in 2017 to $3.43M in 2022.

In 2022, Jordan did not export any services to Panama.

Comparison: In 2022,  Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). That same year, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Panama exported $68.7k to Jordan. The main products exported from Panama to Jordan were Tropical Fruits ($66.6k) and Other Pure Vegetable Oils ($2.11k). During the last 5 years the exports of Panama to Jordan have decreased at an annualized rate of 43.4%, from $1.18M in 2017 to $68.7k in 2022.

In 2017, Jordan exported $3.43M to Panama. The main products exported from Jordan to Panama were Other Knit Garments ($3.04M), Rolled Tobacco ($165k), and Toilet Paper ($140k). During the last 5 years the exports of Jordan to Panama have decreased at an annualized rate of 12.1%, from $6.55M in 2022 to $3.43M in 2017.

Exports from Panama (Flag) to Jordan (Flag) (2022)

Exports from Jordan (Flag) to Panama (Flag) (2022)

Latest Data

Trade between Panama (Flag) and Jordan (Flag)

Panama Exports

Jordan Exports

Market Competitiveness

Color
Panama
Top Destination
China$1.14B
Jordan
Top Destination
United States$3.28B

This map shows whether countries import more from Panama or Jordan. Each country is colored based on the difference in imports they receive from Panama and Jordan or the difference in the growth in imports.

In 2022, countries that imported more from Panama than Jordan included Japan ($785M), South Korea ($539M), and Costa Rica ($242M).

In 2022, countries that imported more from Jordan than Panama included United States ($3.28B), India ($2.31B), and Saudi Arabia ($1.22B).

Difference in imports from Jordan (Flag) and Panama (Flag) (2022)

Comparative Advantage Panama - Jordan

Flow
Scale

This chart compares trade between Panama and Jordan by product, considering products traded by both, Panama and Jordan.

During 2022, Panama had a large net trade with Jordan in the exports of Vegetable Products ($66.6k) and Animal and Vegetable Bi-Products ($2.11k).

During 2017, Jordan had a large net trade with Panama in the exports of Textiles ($3.08M), Foodstuffs ($199k), and Paper Goods ($140k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Panama Jordan+$33.1kTropical Fruits
Top Product Potential Jordan Panama+$88.3kRolled Tobacco

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Panama and Jordan. This means that a dot/product with the flag of Panama indicates it has a comparative advantage over Jordan. Similarly, a dot/product with the flag of Jordan indicates it has a comparative advantage over Panama.

Product Space of Panama (Flag) and Jordan (Flag) (2022)

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