2022
Flag  
GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
 GDP
$962MCURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 133 / 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
$20,177CURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP PC GROWTH
16.7%CURRENT US$
Rnk 97 / 186

About

Panama-Saint Kitts and Nevis Trade: In 2020, Panama exported $2.63M to Saint Kitts and Nevis. The main products that Panama exported to Saint Kitts and Nevis were N/A. Over the past 5 years the exports of Panama to Saint Kitts and Nevis have decreased at an annualized rate of 6.45%, from $3.67M in 2015 to $2.63M in 2020.

In 2020, Panama did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Panama Trade: In 2020, Saint Kitts and Nevis exported $8k to Panama. The main products that Saint Kitts and Nevis exported to Panama were N/A. Over the past 5 years the exports of Saint Kitts and Nevis to Panama have decreased at an annualized rate of 36.8%,  from $79.1k in 2015 to $8k in 2020.

In 2020, Saint Kitts and Nevis 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, Saint Kitts and Nevis ranked 203 in total exports ($43.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Panama exported $2.63M to Saint Kitts and Nevis. There were not main exports from Panama to Saint Kitts and Nevis in 2020. During the last 5 years the exports of Panama to Saint Kitts and Nevis have decreased at an annualized rate of 6.45%, from $3.67M in 2015 to $2.63M in 2020.

In 2011, Saint Kitts and Nevis exported $8k to Panama. There were not main exports from Saint Kitts and Nevis to Panama in 2011. During the last 5 years the exports of Saint Kitts and Nevis to Panama have decreased at an annualized rate of 36.8%, from $79.1k in 2016 to $8k in 2011.

Exports from Panama (Flag) to Saint Kitts and Nevis (Flag) (2020)

Exports from Saint Kitts and Nevis (Flag) to Panama (Flag) (2020)

Latest Data

Trade between Panama (Flag) and Saint Kitts and Nevis (Flag)

Saint Kitts and Nevis Exports

Market Competitiveness

Color
Panama
Top Destination
China$1.14B

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

In 2022, countries that imported more from Panama than Saint Kitts and Nevis included China ($1.14B), Japan ($785M), and South Korea ($539M).

In 2022, countries that imported more from Saint Kitts and Nevis than Panama included Madagascar ($257k), Burundi ($19k), and Kazakhstan ($9.75k).

Difference in imports from Saint Kitts and Nevis (Flag) and Panama (Flag) (2022)

Comparative Advantage Panama - Saint Kitts and Nevis

Flow
Scale

This chart compares trade between Panama and Saint Kitts and Nevis by product, considering products traded by both, Panama and Saint Kitts and Nevis.

During 2020, Panama had a large net trade with Saint Kitts and Nevis in the exports of .

During 2011, Saint Kitts and Nevis had a large net trade with Panama in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Panama (Flag) and Saint Kitts and Nevis (Flag) (2020)

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