Panama-Mexico Trade: In 2022, Panama exported $38.3M to Mexico. The main products that Panama exported to Mexico were Palm Oil ($30.3M), Edible Offal ($2.05M), and Aluminium Cans ($1.78M). Over the past 5 years the exports of Panama to Mexico have decreased at an annualized rate of 20%, from $117M in 2017 to $38.3M in 2022.
In 2022, Panama did not export any services to Mexico.
Mexico-Panama Trade: In 2022, Mexico exported $801M to Panama. The main products that Mexico exported to Panama were Packaged Medicaments ($100M), Refrigerators ($74.2M), and Video Displays ($53.1M). Over the past 5 years the exports of Mexico to Panama have decreased at an annualized rate of 0.16%, from $808M in 2017 to $801M in 2022.
In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).